39 POYNTZ Street

Penetanguishene, Ontario, L9M1N5, Canada

$2,399,000

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.

EXTRAS: Visual exposure

Virtual Tour: https://drive.google.com/open?id=14jkkHlXOo0Bpd8m6FhnzeeAs8nV3LUsG&usp=drive_fs

Last updated on : Tuesday 26th of November 2024 04:10:59 PM

ADDRESS

Street : 39 POYNTZ Street

City : Penetanguishene

Province : Ontario

Country : Canada

Postal Code : L9M1N5

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PROPERTY SUMMARY

Property ID : 40681159

Property Type : Multi-family

Parking : 4

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