NewFor Sale

39 Poyntz Street
Penetanguishene, Simcoe, ON, L9M 1N5

Investment
TRREB
MLS® Number: S10929692
$2,399,000List Price
InvestmentProperty Type
12,000 sq ftSize
$9,261.75 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 39 Poyntz Street, Penetanguishene, ON L9M 1N5

0 Transactions by CPRB Agents

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Description

12,000 s.f. building currently a 23 room retirement home/rooming house. Seller has made application to rezone to residential to permit 16 units in main building plus sever the house on the property to permit 2 more units in house plus 2 garage buildings that may be able to be converted for residential. Retirement home operated for the past 20+ years. Currently Vacant. Built in 1962 with block and cement flooring with renovations most recently completed in 2023 included upgrades to plumbing and installation of a sprinkler system. Being sold with plans and zoning for multi res use, or can be run as retirement home still. Main building is 8600 sq. ft. with attached 2 unit duplex (House) 3400 sq. ft. Currently 25 private rooms in main building plus, living room, kitchen, multiple washrooms, office, laundry room. Attached house with 2 full additional living quarters, garage and shop buildings also on the property. Nicely situated on large lot overlooking Georgian Bay. Close to Village Square Mall, St Ann's Church, the Penetanguishene legion and the Main Street amenities.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$9,261.75 / 2024
Listing #:S10929692
Property Type:Investment
Size:12,000 sq ft
Land Size:208 x 208
Days on CPRB:
Garage:Single Detached
Locker:None
On CPRB Since:
Listing Brokerage:ED LOWE LIMITED

Rooms

Details

Property

Property Type:Investment
Community:Penetanguishene
Municipality:Simcoe

Building

Size:12,000 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Single Detached
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Water Radiators

Land

Cross Street:HWY 93 & POYNTZ ST.,

$2,399,000

List price

39 Poyntz Street, Penetanguishene – Investment for sale · MLS® # S10929692