2 Tessier Drive, Penetanguishene

Bedrooms: 13
Bathrooms: 12
Added: 1 month ago
Updated: 2 weeks ago
Last Checked: 18 hours ago
Listed by: Team Hawke Realty

Listing description
This Other at 2 Tessier Drive Penetanguishene, ON with the MLS Number s12567720 listed by JIM HAWKE - Team Hawke Realty on the Penetanguishene market 1 month ago at $2,980,000.

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:1945)

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Property Details Key information about 2 Tessier Drive

Cooling: None
Heating:
- Baseboard heaters
- Electric
Stories: 3
Structure Type: Other
Exterior Features:
- Brick
- Vinyl siding
Foundation Details: Block

Interior Features Discover the interior design and amenities

Basement:
- Unfinished
- Crawl space
Appliances:
- Washer
- Dryer
- Alarm System
- Two stoves
- Water Heater
- Two Refrigerators
Bedrooms Total: 13

Exterior & Lot Features Learn about the exterior and lot specifics of 2 Tessier Drive

View:
- City view
- View of water
Lot Features:
- Level lot
- Flat site
- Dry
- Paved yard
Water Source: Municipal water
Parking Total: 14
Parking Features:
- No Garage
- Shared
Building Features:
- Separate Electricity Meters
- Separate Heating Controls
Lot Size Dimensions: 94 x 93 FT
Waterfront Features: Waterfront

Location & Community Understand the neighborhood and community

Directions: Cross Streets: Main Street. ** Directions: Main Street to Tessier Drive.
Community Features: School Bus

Utilities & Systems Review utilities and system installations

Sewer: Sanitary sewer
Utilities:
- Sewer
- Electricity
- Cable

Tax & Legal Information Get tax and legal details applicable to 2 Tessier Drive

Tax Year: 2025
Tax Annual Amount: 15859.79
Zoning Description: CG

Additional Features Explore extra features and benefits

List A O R: OnePoint
List A O R Key: 47
Security Features:
- Security system
- Smoke Detectors
Living Area Maximum: 100000
Living Area Minimum: 5000
Bedrooms Above Grade: 13
Frontage Length Numeric: 94
Frontage Length Numeric Units: feet

Nearby Listings Stat Estimated price and comparable properties near 2 Tessier Drive

Active listings

Min Price

$2,980,000

Max Price

$2,980,000

Avg Price

$2,980,000

Days on Market

36 days

Sold listings

Min Sold Price

$N/A

Max Sold Price

$N/A

Avg Sold Price

$N/A

Days until Sold

N/A days

Nearby Places Nearby schools and amenities around 2 Tessier Drive

Phil's Family Restaurant (0.1 km)
48 Main St, Penetanguishene

Pizza Delight (0.7 km)
2 Poyntz St, Penetanguishene

Pan Mai Restaurant (0.8 km)
175 Main St, Penetanguishene

Ciboulette Et Cie Inc (4.6 km)
248 King St, Midland

The Library Restaurant (4.6 km)
526 Hugel Ave, Midland

Riv Bistro The (4.6 km)
249 King St, Midland

Bleu Garden (4.6 km)
740 Yonge St, Midland

Papas Pizza Mamas Chicken Buy 1 Or 2 It's Up 2 U (4.8 km)
301 King St, Midland

Tim Hortons (0.5 km)
132 Main St, Penetanguishene

Tim Hortons (4.4 km)
Ontario 93, Midland

Central North Correctional Centre (3.1 km)
1501 Fuller Ave, Penetanguishene

Waypoint Centre for Mental Health Care (3.4 km)
500 Church St, Penetanguishene

Sainte-Marie among the Hurons (4.5 km)
16164 Highway 12, Midland

Cellarman's Alehouse The (4.8 km)
337 King St, Midland

Price History

Listed

November 21, 2025

by Team Hawke Realty

For Sale

$2,980,000

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2 Tessier Drive, Penetanguishene

Listing description This Other at 2 Tessier Drive Penetanguishene, ON with the MLS Number s12567720 listed by JIM HAWKE - Team Hawke Realty on the Penetanguishene market 1 month ago at $2,980,000.

Nearby Listings Stat Estimated price and comparable properties near 2 Tessier Drive

Nearby Places Nearby schools and amenities around 2 Tessier Drive

Price History

Similar Other For Sale

Listing description
This Other at 2 Tessier Drive Penetanguishene, ON with the MLS Number s12567720 listed by JIM HAWKE - Team Hawke Realty on the Penetanguishene market 1 month ago at $2,980,000.