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5 Water Street Penetanguishene, Ontario L9M 1V5

8 Bedroom 4 Bathroom 2323 sqft
None Baseboard Heaters, Forced Air

$699,900

Welcome to 5 water street, Penetanguishene three units vacant on closing. This stunning 4-plex offers the perfect investment opportunity with one 3-bedroom unit (vacant), two 2-bedroom units (1 vacant), and one 1-bedroom unit (vacant). This property provides immediate rental potential or move into the main unit and have your tenants pay your mortgage. Recent upgrades include new windows and doors completed in 2022 for enhanced energy efficiency, and an upgraded roof completed in 2023 for long-term peace of mind. Large private parking at the rear of the building, but also a great walking score to downtown Penetanguishene, with its charming shops, restaurants, and waterfront attractions. This is the one you've been waiting for! (id:54532)

Property Details

MLS® Number 40618123
Property Type Multi-family
AmenitiesNearBy Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
CommunityFeatures Quiet Area, Community Centre, School Bus
EquipmentType Water Heater
Features Southern Exposure, Visual Exposure, Paved Driveway
ParkingSpaceTotal 7
RentalEquipmentType Water Heater

Building

BathroomTotal 4
BedroomsTotal 8
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1955
CoolingType None
ExteriorFinish Vinyl Siding
FoundationType Block
HeatingFuel Electric, Natural Gas
HeatingType Baseboard Heaters, Forced Air
StoriesTotal 2
SizeInterior 2323 Sqft
Type Fourplex
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
LandAmenities Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 93 Ft
SizeFrontage 75 Ft
SizeIrregular 0.159
SizeTotal 0.159 Ac|under 1/2 Acre
SizeTotalText 0.159 Ac|under 1/2 Acre
ZoningDescription R3

https://www.realtor.ca/real-estate/27151795/5-water-street-penetanguishene

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Lorraine Jordan
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Jonathan Wallace
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