Penetanguishene, Penetanguishene, L9M 1P1
$629,900
Listed by YELLOW BRICK REALTY LTD..
Don't miss out on this incredible investment opportunity in Penetanguishene. Major upgrades have been completed to prepare this property for sale. Included in these upgrades - plumbing & electrical- including a 3rd service to the property, new roof over garage area, new garage doors and a new covered patio. The current zoning for the property is neighbourhood commercial, which allows for: Childcare, Personal Services, Restaurant and Retail Store. Prior to the renovations, the garage operated as a takeout restaurant, currently it is a blank slate with endless possibilities for the new owner. The commercial space was operating a convenience store, but is currently set up as a vacant non-conforming suite. And of course, the 3 bedroom suite, is currently occupied with A+ tenants. You are reading this correctly, this property has potential for 3 income streams!! The timing to purchase a money making investment opportunity is now. Book your private showing today!
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 19 times before. To view this property's sale price history please sign in or register: