2 Tessier Drive
Penetanguishene L9M 1V4
Canada

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 13 BR
Bathrooms: 12

Financials

Price:C2,850,000
($2,040,500)
(€1,815,800)
Annual Taxes:C16,370.97
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

If you are looking for an absolutely turn key 12 unit apartment building, this is it.

Description

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.

Amenities

  • Bay
  • City
  • Deck
  • Downtown
  • Heat Detector
  • Marina
  • Park/Greenbelt
  • Paved Yard
  • Privacy
  • Security System
  • Separate Heating Controls
  • Separate Hydro Meter
  • Smoke Detector
  • Storage
  • Trees/Woods
  • Water
  • Water Heater Owned

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.