2 Tessier Dr, Penetanguishene, ON L9M1V4
- Beds
- 13
- Baths
- 12
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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:58180)
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 3
- Number of bedrooms
- 13
- Number of bathrooms
- 12
- Lot size (acres)
- 0.20
Interior features
- Basement
- Yes
Exterior features
- Waterfront
- Waterfront
Utilities
- Heating
- Electric
- Cooling
- None
- Sewer
- Sewer
- Water
- Water
Taxes
- Tax Annual Amount (2025)
- $16,370.97
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Canadian Real Estate Association MLS®#: S14154198 Last checked: …
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