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$ 6,200,000
Est. payment | /mo
15,012 SqFt
$ 6,200,000
Est. payment | /mo
15,012 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
Listed by CUSHMAN & WAKEFIELD
We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.