40 & 42 Penetang St

FOR SALE
$1,650,000
Sold
$1,435,000
40 & 42 Penetang St, Barrie
40 & 42 Penetang St
40 & 42 Penetang St
40 & 42 Penetang St
40 & 42 Penetang St
40 & 42 Penetang St
8 + 2
BEDROOMS
6
BATHROOMS
6
KITCHENS
22
ROOMS
S6051635
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-04-27 2023-07-28 92 $1,650,000 $1,435,000 Sold
2023-04-27 2023-07-28 92 $1,650,000 $1,435,000 Sold
Property Description
Located Close To Downtown Barrie, There Are Two Neighboring Buildings That Offer A Prime Prospect For Building A Larger Structure Containing 25-30 Units. At Present, The Location Consists Of A Four Plex - Two Single-Bedroom Units And Two Double-Bedroom Units - At 40 Penetang St., And A Legal Duplex That Has Two Double-Bedroom Units At 42 Penetang St. These Properties Currently Generate A Combined Monthly Income Exceeding $7,900.00. The Property For The Proposed Construction Will Have A Road Frontage Of 102.7Ft And A Maximum Depth Of 208Ft.
Property Details
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
103' x 209'
Fronting
East
Taxes
$11,176 (2023)
Basement
Apartment, Finished
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
12
Driveway
Front Yard
Garage Type
None
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