59 Peel Street, Penetanguishene, Ontario L9M 1B7

Listed for:
$1,099,000
7 beds
6 baths
Listed 23 days ago
House for rent: 59 Peel Street, Penetanguishene, Ontario L9M 1B7

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Learn more about this property
Listing provided by:
Faris Team Real Estate Brokerage
MLS® number:
40569934
Agent:
Mark Faris
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About

Wolfe St/Peel St 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:27476)

Property Highlights

Type
House
Cooling type
None
Heating fuel
Electric
Fireplace
No
Construction material
Aluminum siding
Parking space
10
Ownership Type
Freehold
Amenities nearby

Location

Street Spotlight - For sale