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Penetanguishene
2 TESSIER DRIVE
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2 TESSIER DRIVE $2,980,000
$2,980,000
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2 TESSIER DRIVE
Penetanguishene, Ontario L9M1V4

MLS® Number: S12567720
13
Bedrooms
12
Bathrooms
5000 - 100000
Square Feet

Listing 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. (41695233)

Location Description

Cross Streets: Main Street. ** Directions: Main Street to Tessier Drive.

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
3
Square Footage
5000 - 100000 sqft
Community Name
Penetanguishene
Land Size
94 x 93 FT|under 1/2 acre
Age Of Building
51 to 99 years
Annual Property Taxes
$15,859.79
Parking Type
No Garage, Shared
Time on REALTOR.ca
23 days

Building

Bedrooms
Above Grade
13
Bathrooms
Total
12
Interior Features
Appliances Included
Water Heater, Dryer, Alarm System, Two stoves, Washer, Two Refrigerators
Basement Type
Crawl space (Unfinished)
Building Features
Features
Level lot, Flat site, Dry, Paved yard
Foundation Type
Block
Fire Protection
Smoke Detectors, Security system
Building Amenities
Separate Heating Controls, Separate Electricity Meters
Structures
Deck
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Type
Cable (Installed), Electricity (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Marina, Park, Place of Worship
Parking
Parking Type
No Garage, Shared
Total Parking Spaces
14

Measurements

Square Footage
5000 - 100000 sqft

Land

Lot Features
Frontage
94 ft
Land Depth
93 ft
View
City view, View of water
Other Property Information
Zoning Description
CG
Waterfront Features
Waterfront
Waterfront
Are you interested in touring this listing?
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705-527-7877
REALTOR® Website
Email
Team Hawke Realty
Brokerage
310 FIRST ST UNIT #2
MIDLAND, Ontario L4R3N9
705-527-7877
705-527-7577
705-527-7877
Email
Team Hawke Realty
Brokerage
310 FIRST ST UNIT #2
MIDLAND, Ontario L4R3N9
705-527-7877
705-527-7577

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