50 Maria Street Penetanguishene, Ontario L9M 1L3

7 Bedroom 4 Bathroom 4000
None Baseboard Heaters


Calling all investors who want a solid purpose built, fully rented 4 plex or; first time Buyers who want to pool together to be able to move in and invest in the real estate market instead of renting and putting your hard earned dollars into someone else's equity... Very rare offering; this solid, all brick, metal roof, 4 plex with 3 x two bedroom units and one 1 bedroom unit with separate hydro meters is just the thing you've been looking for! Have your mortgage broker and lawyer team look into how this can work for you. This idea of intentional housing (google it) started over 30 years ago when others in your position couldn't afford to get into the housing market but could put their assets and talents together to build a community and investments together. Situated in the heart of the up and coming historical town of Penetanguishene, and within walking distance to the Rotary Georgian Bay waterfront trails, schools (separate and public, anglophone, francophone and French immersion and private schools), malls, and quaint downtown core as wel the community center across the street with a hall and hockey/skating rink. High speed internet available here for your children/grand children and work from home buyers alike. Tenants are on month to month contracts. A 4 plex is considered a residential purchase but HST is in addition to the purchase. With good, professional legal advise from your lawyer, this is not a big deal but let them guide you. Look at 48 Maria Street, Penetanguishene, Ontario which is also for sale (identical as 50 Maria Street) and has to close at the same time as 50 Maria Street. (id:23067)

Property Details

MLS® Number 40391879
Property Type Multi-family
Amenities Near By Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre, School Bus
Features Laundry- Coin Operated
Parking Space Total 6


Bathroom Total 4
Bedrooms Total 7
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Fire Protection None
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 4000
Type Fourplex
Utility Water Municipal Water


Visitor Parking


Access Type Highway Access
Acreage No
Land Amenities Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 124 Ft
Size Frontage 92 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3



Contact us for more information

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Danielle Dorion

(705) 528-3133
(905) 357-1705

Revel Realty Inc., Brokerage (Tiny)
520 Cedar Point Rd
Tiny, Ontario L9M 0H1

(705) 533-0303
(905) 357-1705

Vanya Gluhic

(705) 427-3456
(905) 357-1705

Revel Realty Inc., Brokerage (Unit A)
520a Cedar Point Road
Tiny, Ontario L9M 0H1

(705) 533-0303
(905) 357-1705

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