$ 1.099.000

59 Peel Street, Penetanguishene

9 Photos

Storage - 59 Peel Street, Penetanguishene, ON L9M1B7 Photo 2

3pc Bathroom - 59 Peel Street, Penetanguishene, ON L9M1B7 Photo 3

Kitchen - 59 Peel Street, Penetanguishene, ON L9M1B7 Photo 4

Living room - 59 Peel Street, Penetanguishene, ON L9M1B7 Photo 5

Bedroom - 59 Peel Street, Penetanguishene, ON L9M1B7 Photo 6

3pc Bathroom - 59 Peel Street, Penetanguishene, ON L9M1B7 Photo 7

Bedrooms: 7
Bathrooms: 6
Living area: 4399 sqft

MLS®: 40569934
Type: Residential
Added: 20 days ago

Property Details

Top 5 Reasons You Will Love This Property: 1) Rare six-plex, one-story building offers convenience while being ideally situated in-town and within walking distance to amenities and the stunning Georgian Bay 2) One bedroom rents proven out to get $1750/month, when the remaining five units are renovated and brought to market rate potential to increase value by $1 million+ 3) $60,276 in annual net operating income potential upside opportunity after renovating and bringing 5 remaining units to market rents 4) Additional value opportunity with each unit having two parking spaces 5) Incredible opportunity to generate passive income. Visit our website for more detailed information. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: None
Heating: Baseboard heaters, Electric
Stories: 1
Basement: None
Year Built: 1930
Directions: Wolfe St/Peel St
Living Area: 4399
Lot Features: Paved driveway
Photos Count: 9
Water Source: Municipal water
Parking Total: 10
Bedrooms Total: 7
Structure Type: House
Common Interest: Freehold
Subdivision Name: PE01 - East of Main Street
Tax Annual Amount: 5420
Exterior Features: Aluminum siding
Zoning Description: R2
Number Of Units Total: 6

Room Dimensions

Type	Level	Dimensions
3pc Bathroom	Main level
Storage	Main level	5'7'' x 11'9''
3pc Bathroom	Main level
Kitchen	Main level	12'3'' x 12'9''
Living room	Main level	11'7'' x 15'4''
Bedroom	Main level	10'0'' x 16'4''
3pc Bathroom	Main level
Kitchen	Main level	16'1'' x 16'6''
Living room	Main level	13'3'' x 15'4''
Bedroom	Main level	9'3'' x 11'8''
Bedroom	Main level	8'4'' x 11'11''
Bedroom	Main level	6'6'' x 12'8''
Living room	Main level	12'3'' x 15'5''
Kitchen	Main level	12'3'' x 15'3''
3pc Bathroom	Main level
Bedroom	Main level	12'4'' x 12'10''
Living room	Main level	12'0'' x 15'5''
Kitchen	Main level	7'8'' x 15'5''
3pc Bathroom	Main level
Bedroom	Main level	12'9'' x 15'0''
Living room	Main level	10'9'' x 18'7''
Kitchen	Main level	6'7'' x 14'2''
3pc Bathroom	Main level
Bedroom	Main level	8'4'' x 12'1''
Living room	Main level	11'5'' x 14'0''
Kitchen	Main level	10'9'' x 14'0''

	This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association

Nearby Places

Name	Type	Address	Distance
Burkevale Protestant Separate School	The original two story, red brick building was bui...		0.2 km
Penetanguishene Naval Yard	It was reinstated in 1816 and remained in service ...		0.4 km
Phil's Family Restaurant	Restaurant	48 Main St	0.4 km
Penetanguishene Protestant Separate School Board	It is the only non-Catholic separate school in Ont...		0.8 km
Tim Hortons	Cafe	132 Main St	0.8 km
Penetanguishene	Incorporated on February 22, 1882, this bilingual ...		0.8 km
Pizza Delight	Restaurant	2 Poyntz St	1.0 km
Pan Mai Restaurant	Restaurant	175 Main St	1.1 km
Central North Correctional Centre	Establishment	1501 Fuller Ave	2.7 km
Central North Correctional Centre	From 2001 to 2006, it was the only privately run c...		2.7 km
Waypoint Centre for Mental Health Care	Hospital	500 Church St	3.0 km
Waypoint Centre for Mental Health Care	In addition, Waypoint provides the province's only...		3.0 km

Similar Houses Stat in Penetanguishene

We have found 6 Houses that closely match the specifications of the property located at 59 Peel Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 719,900 and 1,475,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L9M1B7 postal code area of Penetanguishene Ontario Canada.

59 Peel Street mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 59 Peel Street. The current price of the property is $1,099,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $879,200. This would result in a monthly mortgage payment of $5,139 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	10
Bachelor's degree	20
University / Below bachelor level	10
Certificate of Qualification	15
College	50
University degree at bachelor level or above	25

Neighbourhood Marital Status Stat

Married	140
Widowed	35
Divorced	20
Separated	20
Never married	110
Living common law	60
Married or living common law	195
Not married and not living common law	185

Neighbourhood Construction Date

1961 to 1980	50
1991 to 2000	10
1960 or before	115

Nearby Cities	Listings	Avg. price
Tiny	220	$1.099.340
Midland	122	$1.145.788
Wasaga Beach	349	$859.322
Oro Medonte	230	$1.803.419
Severn	130	$997.630
The Blue Mountains	92	$1.242.513
Orillia	257	$883.586
Gravenhurst	143	$1.011.070

Popular Cities	Listings	Avg. price
Barrie	943	$1.034.507
Innisfil	335	$1.431.330
Other	1395	$992.297
Kawartha Lakes	495	$933.686
Caledon	310	$2.379.807
Richmond Hill	483	$1.647.344
Markham	528	$1.390.679
Brampton	1164	$1.225.214