39 Poyntz St

Penetanguishene | Penetanguishene | L9M 1N5
  • 12000.0 sqft
  • 0 gar

$2,399,000

Est. Mtg $8,134 /mo
  • Days on market

    53

  • Status

    A

Listing Broker ED LOWE LIMITED
Since listed: 2 views

Home details

MLS #:

S10929692

Property type:
Investment
Style:
Taxes:
$9,262
Possession:
IMMEDIATE
Condo Fee:
Lot Size:
208.0 X 208.0
Zoning:
RESIDENTIAL (APPLICATION)
Use:
Apts-13 To 20 Units
Heat:
Water Radiators

Description


39 Poyntz St, , Penetanguishene, Ontario is a Investment property in Penetanguishene and in the Penetanguishene community in the L9M 1N5 postal code


12,000 s.f. building currently a 23 room retirement home/rooming house. Seller has made application to rezone to residential to permit 16 units in main building plus sever the house on the property to permit 2 more units in house plus 2 garage buildings that may be able to be converted for residential. Retirement home operated for the past 20+ years. Currently Vacant. Built in 1962 with block and cement flooring with renovations most recently completed in 2023 included upgrades to plumbing and installation of a sprinkler system. Being sold with plans and zoning for multi res use, or can be run as retirement home still. Main building is 8600 sq. ft. with attached 2 unit duplex (House) 3400 sq. ft. Currently 25 private rooms in main building plus, living room, kitchen, multiple washrooms, office, laundry room. Attached house with 2 full additional living quarters, garage and shop buildings also on the property. Nicely situated on large lot overlooking Georgian Bay. Close to Village Square Mall, St Ann's Church, the Penetanguishene legion and the Main Street amenities..

Extras

.



Payment calculator

$8906 monthly. In association with: TD Bank
%
  • Principal and Interest
    8134 /mo
  • Property Taxes
    $771 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Luis Serrano, Realtor

Similar properties you may like