$ 1.349.900

11 Peel Street, Penetanguishene

39 Photos

11 Peel Street, Penetanguishene, ON L9M1A5 Photo 2

11 Peel Street, Penetanguishene, ON L9M1A5 Photo 3

11 Peel Street, Penetanguishene, ON L9M1A5 Photo 4

11 Peel Street, Penetanguishene, ON L9M1A5 Photo 5

11 Peel Street, Penetanguishene, ON L9M1A5 Photo 6

11 Peel Street, Penetanguishene, ON L9M1A5 Photo 7

Bedrooms: 9
Bathrooms: 7
Living area: 2592 sqft

MLS®: 40568372
Type: Residential
Added: 25 days ago

Property Details

Professionally managed 6-unit property, all but unit 2 at market rent. Unit 1 is occupied by owner potential rent at $2200. Lake views nestled in the heart of town with easy access to all amenities. Approx. annual gross Income of $122,400 makes this an attractive opportunity for any investor. Units include 1-Huge 3 Bed Unit with basement, 1x2 Bed Unit, and 4x1 Bed units, each unit with its own hydro panel. Unit 1 has a new f/a furnace, S/S appliances, and washer/dryer. Units 2-6 are baseboard heated and all water heaters are owned. New metal roof, windows and deck in 2021 + cameras installed (as is). Ample parking spaces for 7-10 vehicles. Financials available upon request. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: None
Heating: Baseboard heaters, Forced air, Natural gas
Stories: 3
Basement: Partially finished, Partial
Directions: Peel St & Simcoe St
Living Area: 2592
Photos Count: 39
Water Source: Municipal water
Parking Total: 7
Bedrooms Total: 9
Common Interest: Freehold
Subdivision Name: PE01 - East of Main Street
Tax Annual Amount: 5000
Exterior Features: Brick
Foundation Details: Stone
Zoning Description: G-6
Number Of Units Total: 6

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Nearby Places

Name	Type	Address	Distance
Phil's Family Restaurant	Restaurant	48 Main St	0.2 km
Penetanguishene Protestant Separate School Board	It is the only non-Catholic separate school in Ont...		0.3 km
Tim Hortons	Cafe	132 Main St	0.3 km
Penetanguishene	Incorporated on February 22, 1882, this bilingual ...		0.4 km
Pizza Delight	Restaurant	2 Poyntz St	0.5 km
Pan Mai Restaurant	Restaurant	175 Main St	0.6 km
Burkevale Protestant Separate School	The original two story, red brick building was bui...		0.6 km
Penetanguishene Naval Yard	It was reinstated in 1816 and remained in service ...		0.7 km
Central North Correctional Centre	Establishment	1501 Fuller Ave	3.1 km
Central North Correctional Centre	From 2001 to 2006, it was the only privately run c...		3.2 km
Waypoint Centre for Mental Health Care	Hospital	500 Church St	3.4 km
Waypoint Centre for Mental Health Care	In addition, Waypoint provides the province's only...		3.4 km

Similar Houses Stat in Penetanguishene

We have found 6 Houses that closely match the specifications of the property located at 11 Peel Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 829,000 and 1,875,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L9M1A5 postal code area of Penetanguishene Ontario Canada.

11 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 11 Peel Street. The current price of the property is $1,349,900, 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 $1,079,920. This would result in a monthly mortgage payment of $6,312 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	10
Certificate of Qualification	15
College	35

Neighbourhood Marital Status Stat

Married	90
Widowed	25
Divorced	45
Separated	30
Never married	145
Living common law	60
Married or living common law	145
Not married and not living common law	240

Neighbourhood Construction Date

1961 to 1980	45
1981 to 1990	15
1991 to 2000	20
1960 or before	135

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