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2 Tessier Dr
Penetanguishene, ON L9M 1V4 Simcoe Region

$2,163,638 USD

Apartments For Sale  •  7,692 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,692 SF
  • Lot Size 0.19 AC
  • Building Class B
  • Year Built 1987
  • Zoning CG
0 Transit Score
74 Walk Score

Highlights

Fully renovated 12-unit apartment building, priced at a 6.2% cap rate for strong returns.
Situated in downtown Penetanguishene, walking distance to shopping, restaurants, and scenic Georgian Bay waterfront trails.
Highly desirable area makes finding quality tenants easy, ensuring consistent occupancy and cash flow.
Features a laundry room, security room, paved parking, appliances, and updated fire and smoke system for safety.

Amenities

  • Air Conditioning
  • Controlled Access
  • Security System
  • Tenant Controlled HVAC
  • Heating
  • Recycling
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Jim Hawke 705-527-7877 Team Hawke Realty
Jim Hawke 705-527-7877 Team Hawke Realty