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59 Peel Street Penetanguishene, Ontario L9M 1B7

7 Bedroom 6 Bathroom 4399 sqft
None Baseboard Heaters

$1,099,000

Top 5 Reasons You Will Love This Property: 1) Rare six-plex, one-story building offers convenience while being ideally situated in-town and within walking distance to amenities and the stunning Georgian Bay 2) One bedroom rents proven out to get $1750/month, when the remaining five units are renovated and brought to market rate potential to increase value by $1 million+ 3) $60,276 in annual net operating income potential upside opportunity after renovating and bringing 5 remaining units to market rents 4) Additional value opportunity with each unit having two parking spaces 5) Incredible opportunity to generate passive income. Visit our website for more detailed information. (id:43390)

Property Details

MLS® Number 40569934
Property Type Single Family
Features Paved Driveway
ParkingSpaceTotal 10

Building

BathroomTotal 6
BedroomsAboveGround 7
BedroomsTotal 7
BasementType None
ConstructedDate 1930
ConstructionStyleAttachment Detached
CoolingType None
ExteriorFinish Aluminum Siding
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 1
SizeInterior 4399 Sqft
Type House
UtilityWater Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 198 Ft
SizeFrontage 61 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R2

Rooms

Level Type Dimensions
Main Level 3pc Bathroom Measurements not available
Main Level Storage 11'9'' x 5'7''
Main Level 3pc Bathroom Measurements not available
Main Level Kitchen 12'9'' x 12'3''
Main Level Living Room 15'4'' x 11'7''
Main Level Bedroom 16'4'' x 10'0''
Main Level 3pc Bathroom Measurements not available
Main Level Kitchen 16'6'' x 16'1''
Main Level Living Room 15'4'' x 13'3''
Main Level Bedroom 11'8'' x 9'3''
Main Level Bedroom 11'11'' x 8'4''
Main Level Bedroom 12'8'' x 6'6''
Main Level Living Room 15'5'' x 12'3''
Main Level Kitchen 15'3'' x 12'3''
Main Level 3pc Bathroom Measurements not available
Main Level Bedroom 12'10'' x 12'4''
Main Level Living Room 15'5'' x 12'0''
Main Level Kitchen 15'5'' x 7'8''
Main Level 3pc Bathroom Measurements not available
Main Level Bedroom 15'0'' x 12'9''
Main Level Living Room 18'7'' x 10'9''
Main Level Kitchen 14'2'' x 6'7''
Main Level 3pc Bathroom Measurements not available
Main Level Bedroom 12'1'' x 8'4''
Main Level Living Room 14'0'' x 11'5''
Main Level Kitchen 14'0'' x 10'9''

https://www.realtor.ca/real-estate/26752565/59-peel-street-penetanguishene

Interested?

Contact us for more information


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Mark Faris
Broker


Faris Team Real Estate Brokerage
443 Bayview Drive
Barrie, Ontario L4N 8Y2

Sabrina Staunton
Broker


Faris Team Real Estate Brokerage (Midland)
531 King St
Midland, Ontario L4R 3N6

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