59 Peel Street, Penetanguishene | Commercial for Sale | Faris Team

59 Peel Street,

7 Bedrooms

6 Bathrooms

4,399 sq. ft.


MLS® #40569934/40569928

Faris Team Real Estate, Brokerage

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Top 5 Reasons You'll Love This Property:

  1. Rare six-plex, one-story building offers convenience while being ideally situated in-town and within walking distance to amenities and the stunning Georgian Bay
  2. One bedroom rents proven out to get $1750/month, when the remaining five units are renovated and brought to market rate potential to increase value by $1 million+
  3. $60,276 in annual net operating income potential upside opportunity after renovating and bringing 5 remaining units to market rents
  4. Additional value opportunity with each unit having two parking spaces
  5. Incredible opportunity to generate passive income

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