61 Thompson RD W new

Penetanguishene,ON L9M 0W2

$ 6200000

- Bed

- Bath

15012 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 15,012 sqft

Price per Sqft $413

Subdivision Penetanguishene

MLS Listing ID S12127809

Building Age 0-5

Annual Tax Amount $24,178

Tax Year 2024

Property Sub-Type Investment

Property Description

Newly constructed 3 storey-18 unit apartment building in central Penetanguishene. Surplus land will permit up to additional 42 unit building with ability for quick approvals. Unit sizes existing building range from 570-926 sq ft with a total GFA of +/- 15,012 sq ft. Elevator and security system installed. Outdoor surface parking available. Schools, shopping and waterfront are all within a 15 minute walk or 3 minute drive. Full due diligence information is available upon receipt of a signed Confidentiality Agreement. Property is being sold by Court-Appointed Receiver on "as-is where-is" basis. Buyer to perform their own due diligence and verify all information.

Location

Province ON

County Simcoe

Community Penetanguishene

Area Simcoe

Zoning R3

Interior

Cooling Yes

Exterior

Community Features Recreation/Community Centre

Utilities Available Yes

Lot Frontage 281.89

Lot Depth 314.0

Others

Security Features Yes

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