101 Main Street, Penetanguishene, ON

$1,650,000
MLS#:S9013392
13 beds
16 baths
19.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] multiplex located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $1,650,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 13 Bedrooms and 16 Bathrooms with 9 functional kitchens
  • Premium 51.48 x 168.93 ft lot size
  • Features a ["partial basement", "partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 19.0 total parking spaces available
  • Notable attributes: Other
  • equipped with ["other"] central cooling and highly efficient baseboard heating via electric

In the heart of historic downtown Penetanguishene awaits an amazing opportunity to own a cash flowing asset with this 15 unit mixed use building. Featuring 14 fully tenanted residential units and situated on a large L-shaped lot, this 2 storey building features 2 main floor units, 2 step up units, 6 upstairs units, and 4 basement/half basement apartments. The building also features a sprawling, versatile commercial space fronting onto the main street which is newly renovated. The property has been well maintained and offers ample parking with dedicated spaces for a commercial tenant. All units feature electric baseboard heating, and tenants run their own air conditioning units in warmer months. Book your viewing today, and see what makes this property a great choice for any investor looking for a unique property in the area.

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Key Features

Bedrooms
13
Bathrooms
16
Kitchens
9
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 7, 2024
Sold price information is available to members only
Listed Date7/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionBrick, Aluminum Siding
Lot Size51.48 × 168.93 Feet
CountySimcoe
Annual Tax$21,324
Legal DescriptionPT LT B E/S PENETANGUISHENE RD PL 36 PENETANGUISHENE; PT LT 2 E/S PENETANGUISHENE RD, 3 E/S PENETANGUISHENE RD, 4 E/S PENETANGUISHENE RD PL 404 PENETANGUISHENE; PT ST BTN TRIANGULAR BLK B E PENTANGUISHENE ST & BLK B E PEEL ST PLAN 36; PENETANGUISHENE

Parking & Garage

Parking Spaces19.0
Garage Spaces19
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["Other"]

Features

Property Features

Hospital, School, Marina

Community Features

Location

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101 Main Street, Penetanguishene, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Penetanguishene, Penetanguishene.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$674,849

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

James Keating
Public20 Lorne Avenue, Penetanguishene, Ontario, L9M 1B2
2.2
Burkevale
Public39 Burke Street, Penetanguishene, Ontario, L9M 1C4
7.6
St Ann's
Public5 Dunlop Street, Penetanguishene, Ontario, L9M 1J2
6.1
St-Joseph
Public30 Poyntz Street, Penetanguishene, Ontario, L9M 1N4
5.7
Canadian Martyrs
Public7 Bellisle Road, Penetanguishene, Ontario, L9M 1N6
2.0

Secondary Schools

Le Caron
Public22 John Street, Penetanguishene, Ontario, L9M 1N8
4.8
Georgian Bay District
Public865 Hugel Avenue, Midland, Ontario, L4R 1X8
5.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 101 Main Street, Penetanguishene, ON L9M 1S9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,320,000
Monthly Mortgage$7,670
Property Tax (Est.)$1,777
Utilities & Maint.$350
Total Monthly Cost$9,797

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Penetanguishene.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.