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11 Peel Street

Penetanguishene, ON L9M 1A5
  • $1,349,900
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 40530503
UPDATED: 16 min ago
$1,349,900
  • 9
    BEDS
  • < 0.5
    ACRES
  • 6
    BATHS
  • 1
    1/2 BATHS
  • 2,592
    SQFT
  • $521
    $/SQFT
Type:
Single-Family Home
County:

Description

Professionally managed 6-unit property, all but unit 2 at market rent. Unit 1 is occupied by owner potential rent at $2200. Lake views nestled in the heart of town with easy access to all amenities. Approx. annual gross Income of $122,400 makes this an attractive opportunity for any investor. Units include 1-Huge 3 Bed Unit with basement, 1x2 Bed Unit, and 4x1 Bed units, each unit with its own hydro panel. Unit 1 has a new f/a furnace, S/S appliances, and washer/dryer. Units 2-6 are baseboard heated and all water heaters are owned. New metal roof, windows and deck in 2021 + cameras installed (as is). Ample parking spaces for 7-10 vehicles. Financials available upon request. Assume the mortgage at 5.25% interest for 2 more years at this rate.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2024-02-20T23:22:19.947.
www.enveloperealestate.com/homes/146814669
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11 Peel Street Penetanguishene, ON L9M 1A5

  • Price: $1,349,900
  • Status: Active
  • On Site: 28 Days
  • Updated: 16 min ago
  • MLS #: 40530503
9
Beds
6
Baths
1
½ Baths
< 0.5
Acres
2,592
SQFT
$521
$/SQFT
Neighbourhood:
Pe01 - East Of Main Street
County:
Simcoe County
Area:
Penetanguishene
Property Description
Professionally managed 6-unit property, all but unit 2 at market rent. Unit 1 is occupied by owner potential rent at $2200. Lake views nestled in the heart of town with easy access to all amenities. Approx. annual gross Income of $122,400 makes this an attractive opportunity for any investor. Units include 1-Huge 3 Bed Unit with basement, 1x2 Bed Unit, and 4x1 Bed units, each unit with its own hydro panel. Unit 1 has a new f/a furnace, S/S appliances, and washer/dryer. Units 2-6 are baseboard heated and all water heaters are owned. New metal roof, windows and deck in 2021 + cameras installed (as is). Ample parking spaces for 7-10 vehicles. Financials available upon request. Assume the mortgage at 5.25% interest for 2 more years at this rate.
Exterior Features

Acres Range < 0.5 Architectural Style Split Level Attached YN No Crops Included YN No Docking YN No Driveway Parking Private Drive Double Wide Foundation Details Stone Frontage Length 54.78 Frontage Type East Garage YN No Is Land YN No Lot Features UrbanPlace of WorshipSchools Open Parking Spaces 7 Open Parking YN Yes Parking Total 7 Property Attached Detached Road Frontage Type Public RoadYear Round Road Roof Asphalt Shing View Water View YN True Waterfront Features West Waterfront YN No

Interior Features

Above Grade Finished Area 2592 Appliances RefrigeratorStove Basement PartialPartially Finished Bathrooms Total 7 Beds Above Grade 9 Beds Below Grade 0 Cooling None Cooling YN No Fireplace YN No Heating BaseboardForced AirNatural Gas Heating YN Yes Interior Features None Kitchens Total 6 Main Level Bedrooms 9 Room Count 22

Property Features

Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Inclusions RefrigeratorStove6 Fridges6 Stoves. Licensed Dwelling YN No Lot Depth 173.58 Lot Irregularities 54.79 X 173.58 New Construction YN No Property Sub Type Single Family Residence Restrictions None Senior Community YN No Sewer Sewer (Municipal) Transaction Type Sale Under Contract Hot Water Heater Water Source Municipal Zoning G-6

Listing information © 2024 Information Technology Systems Ontario.
Listing provided courtesy of Curtis Goddard of RE/MAX Hallmark Chay Realty Brokerage.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2024-02-20T23:22:19.947.
 
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Sutton Group Preferred Realty Inc
181 Commissioners Road W
London ON, N6J 1X9