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39 Poyntz Street Penetanguishene, Ontario L9M 1N5

12000 sqft
None

$2,399,000

12,000 s.f. building currently a 23 room retirement home/rooming house. Seller has made application to rezone to residential to permit 16 units in main building plus sever the house on the property to permit 2 more units in house plus 2 garage buildings that may be able to be converted for residential. Retirement home operated for the past 20+ years. Currently Vacant. Built in 1962 with block and cement flooring with renovations most recently completed in 2023 included upgrades to plumbing and installation of a sprinkler system. Being sold with plans and zoning for multi res use, or can be run as retirement home still. Main building is 8600 sq. ft. with attached 2 unit duplex (House) 3400 sq. ft. Currently 25 private rooms in main building plus, living room, kitchen, multiple washrooms, office, laundry room. Attached house with 2 full additional living quarters, garage and shop buildings also on the property. Nicely situated on large lot overlooking Georgian Bay. Close to Village Square Mall, St Ann's Church, the Penetanguishene legion and the Main Street amenities. (id:48279)

Property Details

MLS® Number 40681159
Property Type Multi-family
Amenities Near By Place Of Worship, Shopping
Features Visual Exposure
Parking Space Total 4

Building

Basement Type None
Cooling Type None
Exterior Finish Brick
Stories Total 2
Size Interior 12000 Sqft
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Place Of Worship, Shopping
Sewer Municipal Sewage System
Size Depth 208 Ft
Size Frontage 208 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description Residential (application)

https://www.realtor.ca/real-estate/27685640/39-poyntz-street-penetanguishene

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Catherine Lowe
Broker of Record

(705) 726-3871
(705) 726-8260

Ed Lowe Limited Brokerage
47 Mills Rd. Unit: 6
Barrie, Ontario L4N 6H4

(705) 726-3871
(705) 726-8260
www.edlowerealestate.com/

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