Penetanguishene, ON L9M 1N5,39 Poyntz ST
Penetanguishene, ON L9M 1N5,39 Poyntz ST
Penetanguishene, ON L9M 1N5,39 Poyntz ST
Penetanguishene, ON L9M 1N5,39 Poyntz ST
Penetanguishene, ON L9M 1N5,39 Poyntz ST
Penetanguishene, ON L9M 1N5,39 Poyntz ST
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$ 2,399,000
Est. payment | /mo

12,000 SqFt


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$ 2,399,000
Est. payment | /mo
Save

12,000 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $199

Subdivision Penetanguishene

MLS Listing ID S10929692

Annual Tax Amount $9,261

Tax Year 2024

Property Sub-Type Investment

Property 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.

Location

Province ON

County Simcoe

Community Penetanguishene

Area Simcoe

Zoning RESIDENTIAL (APPLICATION)

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 208.0

Lot Depth 208.0

Others

Security Features Partial

Listed by ED LOWE LIMITED
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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39 Poyntz ST