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8 Penetang Street Barrie, Ontario L4M 1V4

11454 sqft
Other

$6,199,500

A rare land assembly of 5 well maintained income producing properties with 20 rental units on over 37,000 ft2 of land zoned RM2 on an arterial road with development charge credits of over $940,000. Note: 128 Berczy also for sale and if purchased together lot size is almost 43,000 ft2, 6 buildings and over $1 million in DC credits. All units have been renovated over the years and present well! This is a rare buy and hold opportunity for the strategic investor for development opportunities in a prime future location 1 minute to the waterfront. (id:26218)

Property Details

MLS® Number 40593715
Property Type Multi-family
Parking Space Total 20

Building

Basement Development Finished
Basement Type Full (finished)
Exterior Finish Other
Heating Type Other
Stories Total 1
Size Interior 11454 Sqft
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Frontage 199 Ft
Size Irregular 0.85
Size Total 0.85 Ac|1/2 - 1.99 Acres
Size Total Text 0.85 Ac|1/2 - 1.99 Acres
Zoning Description Rm2

https://www.realtor.ca/real-estate/26944615/8-penetang-street-barrie

Interested?

Contact us for more information


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George Nagel
Salesperson

(705) 794-9888
(705) 721-9182
www.bygeorgeithinkhesgotit.com/

Century 21 B.j. Roth Realty Ltd. Brokerage
355 Bayfield Street, Unit: 5
Barrie, Ontario L4M 3C3

(705) 721-9111
(705) 721-9182
www.century21.ca/bjrothrealty/

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