For Sale - 4570 Penetanguishene Road, Springwater, Ontario

Est payment $5,522/mo
Views   1
Time on Jump  323 day
  • Great investment opportunity with annual income potential of $130,000.
  • Three commercial units on the main floor with two residential apartments above.
  • Tenants are responsible for TMI and utilities, reducing landlord expenses.
  • Ample parking space available for 15 vehicles, ideal for businesses.
  • Conveniently located near Highway 400 and popular recreational areas.



Excellent investment property. Annual income potential $130,000. Three commercial units on main plus two residential 2 bedroom units on upper floor (stores connect to apartments above for perfect live above work opportunity). Tenants pay tmi and utilities, ample parking for 15 vehicles, access from busy penetanguishene road and also from martin street. Roof updated approximately 10 years ago, some windows replaced, kitchen upgraded, furnace replaced in 2018 (rental). Large backyard with bbq and picnic table and space can be fenced. Room to build a shed. Building approximately 4,600 square feet. Conveniently located 2 minutes drive from highway 400 and exit 93. Minutes to horseshoe value, mount st louis moonstone resort, and other ski resorts. A short drive to awenda, muskoka, orr lake, georgian bay islands, balm beach, midland, penetanguishene, innisfil, barrie, elmvale, orillia, wasaga, lake simcoe, 1-hr from toronto, and more.
Listing IDS12094014
Address4570 Penetanguishene Road
CitySpringwater, Ontario
Price$1,150,000
StyleStore W Apt/Office
TypeIndustrial/Commercial
StatusFor Sale
Subtype Store W Apt/OfficeBasement 1Heating / Cooling Gas Forced Air Open
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Listing Agency:  COLDWELL BANKER THE REAL ESTATE CENTRE

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4570 Penetanguishene Road
Springwater , Ontario
$1,150,000
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