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$1,349,900
Available - For Sale
Listing ID: S8222580
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.
Price $1,349,900
Taxes: $5,000
Tax Type: Annual
Occupancy by: Tenant
Address: 11 Peel St , Penetanguishene, L0K 1P0, Ontario
Postal Code: L0K 1P0
Province/State: Ontario
Legal Description: Lt.3A E/S Peel, Pi297,Except Ps 1221,
Lot Size: 55 x 174 (Feet)
Directions/Cross Streets: Peel & Main
Zoning: Residential
Category: Apartment
Building Percentage: Y
Total Area: 5,000
Total Area Code:  Sq Ft
Area Influences: Grnbelt/Conserv  
Approximatly Age: 51-99
Heat Type: Gas Forced Air Open
Central Air Conditioning: N
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK CHAY REALTY

11 Peel St , Penetanguishene, L0K 1P0, Ontario


 
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Type: Com - Investment
Area: Simcoe
Municipality: Penetanguishene
Neighbourhood: Penetanguishene
Style:
Lot Size: 55.00 x 174.00(Feet)
Approximate Age: 51-99
Tax: $5,000
Maintenance Fee: $0
Beds:
Baths: 7
Garage: 0
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