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List Price: $2,399,000

39 Poyntz Street, Penetanguishene, L9M 1N5

- By ED LOWE LIMITED
Investment|MLS - #S10929692|New
Bed
Bath
12000 Sqft.
Single Detached Garage

Client Remarks

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.
Property Description

39 Poyntz Street, Penetanguishene, L9M 1N5

Property type

Investment

Lot size

N/A acres

Style

Approx. Area

12000 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

12000

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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39 Poyntz Street, Penetanguishene, L9M 1N5
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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