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$6,200,000
Est. payment /mo
15,012 SqFt
UPDATED:
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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Listed by CUSHMAN & WAKEFIELD