$1,099,000
Status: For Sale
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.
| Property Type | :Residential |
| Area | :3500-5000 sqft |
| MLS Number | :S8235500 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :23 Apr, 2024 (10 Days ago) |
| Property Age | :51-99 years |
| Area | :Simcoe |
| Community | : Penetanguishene |
| Postal Code | : L9M 1B7 |
| Source | :TRREB |
| Price | :$1,099,000 |
| Property Taxes | :$5420.42 |
| Tax Year | :2023 |
| Bedrooms | :7 + |
| No. of Rooms | :19 |
| Air Conditioning | :None |
| Heating | :Baseboard |
| Place of Worship | :No |
| Cross Street | :Wolfe St/Peel St |
| Bathrooms | :6 |
| Fuel | :Electric |
| Approx Square Footage | :3500-5000 sqft |
| Virtual Tour | :Virtual Tour (External Link) |
| Kitchen | :5.03 m x 4.90 m |
| Br | :3.55 m x 2.81 m |
| Living | :4.69 m x 3.54 m |
| Kitchen | :4.64 m x 3.73 m |
| Br | :3.87 m x 1.99 m |
| Kitchen | :4.69 m x 2.33 m |
| Living | :4.66 m x 4.04 m |
| Kitchen | :3.89 m x 3.74 m |
| Br | :4.97 m x 3.04 m |
| Living | :4.69 m x 3.73 m |
| Br | :3.63 m x 2.55 m |
| Living | :4.70 m x 3.75 m |
| Exterior Finish | :Alum Siding |
| Internet | :Yes |
| Parking Space | :10 |
| Basement | :None |
| Garage | :None |
| Public Transit | :No |
| School | :No |
15 Apr, 2024
TREB #S8235500
Listed
$1099000.0
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59 Peel St brings to you its latest residential development at a prime location in Simcoe, Ontario.
FARIS TEAM REAL ESTATE presents 59 Peel St to the aspiring future-residents. The Property is for Sale and Available, it offers high capital appreciation and available at a price of 1,099,000. 59 Peel St is the most luxurious Resedential nestled in Penetanguishene, Simcoe, Ontario Canada. 59 Peel St development is a master-planned residential community located in Canada. These mesmerizing and breath-taking Multiplex are the ideal fit for those who aspire to live an opulent life in the most sought-after locality. the area is intended to create a safe and welcoming pedestrian experience. The residences of 59 Peel St embody modern sophistication combined with the charm of the classic.
The residents at 59 Peel St can enjoy exclusive access to an array of top-notch area size 3500-5000 sqft. Wait there’s more! 59 Peel St also offers impressive exterior and interior features and finishes to offer you a lavishing lifestyle. It also covers 7+ beds, 6 baths.
Square Yards is offering Cashback amount of $5,495 on Booking the inventory, the project is live since 10 Days, there is 9.909999999999997% Increase in Price since 2024-01-19. Simcoe Real Estate offers mls multiple listing service from the real estate board of Simcoe. Square Yards offers quality services provided by trusted real estate agent and professionals who support in buying home or renting a property.
