Overview

Property ID: 40530498
  • Multi-6-9 Unit
  • Property Type
  • 9
  • Bedrooms
  • 7
  • Bathrooms
  • 2592
  • Sq Ft

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, 1×2 Bed Unit, and 4×1 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.

  • Address Peel
  • City Penetanguishene
  • State/county Simcoe County
  • Zip/Postal Code L9M 1A5

Details

Updated on January 25, 2024 at 6:05 pm
  • Property ID: 40530498
  • Price: $1,349,900
  • Property Size: 2592 Sq Ft
  • Bedrooms: 9
  • Bathrooms: 7
  • Property Type: Multi-6-9 Unit
  • Property Status: Residential Income

Additional details

  • LaundryFeatures: Other
  • PhotosCount: 40
  • WaterfrontFeatures: West
  • ITSO_UnderContract: Hot Water Heater
  • Cooling: None
  • ITSO_NumberOfBachelorUnits: 0
  • ITSO_CoListAgent2Designation: Salesperson
  • AboveGradeFinishedArea: 2592
  • ITSO_SurveyType: None
  • ListingKeyNumeric: 146399442
  • MajorChangeType: New Listing
  • ITSO_LotIrregularities: 54.79 X 173.58
  • MLSAreaMajor: Penetanguishene
  • TaxAnnualAmount: 5000
  • ITSO_NumberOfStudioUnits: 0
  • OriginatingSystemName: Barrie
  • MlsStatus: Active
  • StreetNumber: 11
  • ListingKey: 1d88b267195dee3b708f492ac7c01ee8
  • ITSO_NumberOfEfficiencyUnits: 0
  • ITSO_StreetViewParam: 1$44.76998$-79.93326$112.79$13.33$1.00$RONzqdaFmL3JPdyu7vFKdg
  • Directions: Peel St & Simcoe St
  • Roof: Asphalt Shing
  • ParkingTotal: 7
  • ITSO_NumberOfOtherUnits: 0
  • InternetAddressDisplayYN: 1
  • WaterSource: Municipal
  • StoriesTotal: 3
  • Heating: Baseboard,Forced Air,Natural Gas
  • ITSO_WaterfrontFrontage: 0
  • ITSO_AcresRange: < 0.5
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • InternetAutomatedValuationDisplayYN: 1
  • ITSO_NumberOfLoftUnits: 0
  • ITSO_OfferInstructions: Please contact LA for all details. Showings permitted only upon accepted conditional offer.
  • ITSO_NumberOfPenthouseUnits: 0
  • InternetConsumerCommentYN: 1
  • BuildingAreaTotal: 2592
  • CoListAgentDesignation: Salesperson
  • InsuranceExpense: 0
  • ITSO_KitchensTotal: 0
  • ITSO_CoListAgent3Designation: Salesperson
  • MajorChangeTimestamp: 2024-01-22T16:17:56.520Z
  • ITSO_NumberOfApartmentUnits: 0
  • ITSO_TransactionType: Sale
  • ListingContractDate: 2024-01-19
  • MLSAreaMinor: PE01 - East of Main Street
  • FarmLandAreaUnits: Square Feet
  • Zoning: G-6
  • ITSO_StatusContractualSearchDate: 2024-01-19
  • Basement: Partial,Partially Finished
  • ITSO_HSTApplicableToSalePrice: Included
  • PhotosChangeTimestamp: 2024-01-23T16:20:28.219Z
  • RoadFrontageType: Public Road,Year Round Road
  • AssociationFee2Frequency: Monthly
  • StateOrProvince: ON
  • AboveGradeFinishedAreaUnits: Square Feet
  • FrontageLength: 54.78
  • BridgeModificationTimestamp: 2024-01-23T16:24:54.172Z
  • PropertyCondition: 100+ Years
  • ParcelNumber: 584330133
  • ITSO_LotDepth: 173.58
  • FoundationDetails: Stone
  • ITSO_CurrentPrice: 1349900
  • ITSO_DrivewayParking: Private Drive Double Wide
  • StreetSuffix: Street
  • LotSizeDimensions: 173.58 x 54.78
  • ModificationTimestamp: 2024-01-23T16:22:27.470Z
  • ITSO_CommonInterest: Freehold/None
  • Inclusions: Other,6 Fridges, 6 Stoves.
  • BelowGradeFinishedAreaUnits: Square Feet
  • ITSO_Restrictions: None
  • Sewer: Sewer (Municipal)
  • ITSO_HoldoverDays: 90
  • NumberOfBuildings: 0
  • ITSO_RATIO_CurrentPrice_By_AboveGradeFinishedArea: 520.79475
  • LotFeatures: Place of Worship,Schools
  • NumberOfUnitsTotal: 6
  • OpenParkingSpaces: 7
  • FeedTypes: IDX

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