$2,850,000 Sale

Listed 0 hours ago

2 Tessier Drive

MLS® s14154198 Multiplex

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Beds · 13

Baths · 12

Parking · 14

Sqft · 5000 +

Est. mortgage

$10,812/mo

Property Taxes

$16,370.97/yr

Key Facts

Key facts for 2 Tessier Drive

Property Type

Apartment, 3-Storey

Parking

None 0 garage, 14 parking

MLS #

S14154198

Size

5000 + sqft

Basement

Crawl Space,Unfinished

Listed on

2026-11-05

Lot size

94 x 93.0

Tax

$16,370.97 /yr

Days on Market

Approximate Age

51-99

Maintenance Fee

Description

If you are looking for an absolutely turn key 12-unit apartment building, this is it. Priced at a 6.2 cap rate. This building has had extensive renovations in the past 5 years. You will not find a better investment opportunity. 9 one-bedroom apts and 2 one-bedroom with dens and 1 two-bedroom with ne...w kitchens, bathrooms, flooring, doors, trim, some new electrical and plumbing, drywall, heating, laundry room, security room, paved parking, appliances, fire and smoke system, and revamped decks. Great downtown Penetanguishene location, walking distance to shopping, restaurants, and a beautiful trail system along the waterfront park on Georgian Bay.Very easy to find quality tenants in this location. Minimum 36 hours' notice to show the building. First visit, we will set up only 3 apartments to give you a good feel of the property. Listing agent must be present for all showings. Financials available upon request.

Full Property Details

Interior

Bedrooms

Total Bedrooms

Washrooms

Square Footage

5000 + sqft

Basement

Crawl Space,Unfinished

Heating Source

Electric

Heating Fuel

Baseboard

Air Conditioning

None

Family Room

Kitchens

Total Kitchens

Fireplace Features

Bedrooms

Total Bedrooms

Washrooms

Square Footage

5000 + sqft

Basement

Crawl Space,Unfinished

Heating Source

Electric

Heating Fuel

Baseboard

Air Conditioning

None

Family Room

Kitchens

Total Kitchens

Fireplace Features

Exterior

Depth

93.0

Front

94.0

Acreage

< .50

Driveway

Private,Unreserved

Lot Size

94 x 93.0 ft

Pool

None

Parking Spaces

Total Parking Spaces

14.00

Parking Description

None

Garage Spaces

Zoning

Depth

93.0

Front

94.0

Acreage

< .50

Driveway

Private,Unreserved

Lot Size

94 x 93.0 ft

Pool

None

Parking Spaces

Total Parking Spaces

14.00

Parking Description

None

Garage Spaces

Zoning

Building Description

Style

3-Storey

Home Type

Apartment

Subtype

Multiplex

Year Built

51-99

Property Orientation

South

Exterior Finish

Brick,Vinyl Siding

Sewers

Sewer

Water Supply

Municipal

Possession Date

No Data

Style

3-Storey

Home Type

Apartment

Subtype

Multiplex

Year Built

51-99

Property Orientation

South

Exterior Finish

Brick,Vinyl Siding

Sewers

Sewer

Water Supply

Municipal

Possession Date

No Data

Community

Penetanguishene

Community

Penetanguishene

Taxes & Fees

Taxes

$16,370.97 /yr

Tax Year

2026

Occupancy

Tenant

Taxes

$16,370.97 /yr

Tax Year

2026

Occupancy

Tenant

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Mabel Mendoza

Email: [email protected] Cell: 519-670-6914