2 TESSIER DRIVE, PENETANGUISHENE

2025-11-21
 

Quick Summary

Location
2 TESSIER DRIVE, PENETANGUISHENE, Ontario L9M1V4
Price
$2,980,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
5000 - 100000 sqft
Bedrooms:
13
Bathrooms:
12
Brochure Link:

MLS®#S12567720

Property Description

If you are looking for an absolutely turn key 12-unit apartment building, this is it. Priced at a 6.2 cap rate. This building has had extensive renovations in the past 5 years. You will not find a better investment opportunity. 9 one-bedroom apts and 2 one-bedroom with dens and 1 two-bedroom with new kitchens, bathrooms, flooring, doors, trim, some new electrical and plumbing, drywall, heating, laundry room, security room, paved parking, appliances, fire and smoke system, and revamped decks. Great downtown Penetanguishene location, walking distance to shopping, restaurants, and a beautiful trail system along the waterfront park on Georgian Bay.Very easy to find quality tenants in this location. Minimum 36 hours' notice to show the building. First visit, we will set up only 3 apartments to give you a good feel of the property. Listing agent must be present for all showings. Financials available upon request. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Marina, Park, Place of Worship

Building

  • Amenities: Separate Heating Controls, Separate Electricity Meters
  • Appliances: Water Heater, Dryer, Alarm System, Two stoves, Washer, Two Refrigerators
  • Basement Development: Unfinished
  • Basement Type: Crawl space (Unfinished)
  • Cooling Type: None
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace: No
  • Interior Size: 5000 - 100000 sqft
  • Building Type: Other
  • Stories: 3
  • Utility Water: Municipal water

Features

  • Feature: Level lot, Flat site, Dry, Paved yard

Land

  • Land Size: 94 x 93 FT|under 1/2 acre
  • Sewer: Sanitary sewer

Structure

  • Structure: Deck

Zoning

  • Description: CG

Information entered by Team Hawke Realty
Listing information last updated on: 2025-12-08 17:20:53


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Sue Nori REALTOR®

Phone:
705-333-9109
Email:
SueNoriRealEstate@gmail.com
Support Area:
Barrie, Orillia, Kawartha Lakes, Muskoka, Gravenhurst, Bracebridge, Angus, Minden, Haliburton, Midland, Penetanguishene, Tay township

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