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39 POYNTZ Street
Penetanguishene Ontario L9M1N5 Canada

$2,399,000

Active Listing ID 40681159
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12,000 square feet
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Multi-family

$2,399,000

Active Listing ID 40681159
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39 POYNTZ Street 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Brick
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 11/26/2024 9:20:45 PM GMT
Source Updated Date: 12/4/2024 11:19:42 PM GMT

Courtesy of: Catherine Lowe, Broker of Record, Ed Lowe Limited Brokerage