39 Poyntz Street, Penetanguishene ON L9M 1N5

$ 2,399,000
39 Poyntz Street, Penetanguishene ON L9M 1N5,
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Overview

  • Updated On:
  • January 17, 2025
  • 12,000 ft2

Description

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.

Address: 39 Poyntz Street, Penetanguishene ON L9M 1N5
State/County:
Zip: L9M 1N5
Country: CA
Open In Google Maps
Property Id : 2329432
Price: $ 2,399,000
Property Size: 12,000 ft2
Other Features
Has Garage
Has Heating System
None
Open Parking
$ 9,301.40
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 9,301.40

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif