156 Peel Street

Property Details

Two five-bedroom, 3 bathroom, multiplexes that have all been renovated in last 4 years (some even 2019). Collect the $7550 per month rent or build an 8-plex with rm2 zoning with no change required or request to go higher than 10 metres with re-zoning permit. One-minute drive to the 400 hwy, three minute drive to downtown restaurants, waterfront and nightclubs, close to all of Bayfield’s shopping and grocery stores as well.

The possibilities are endless on these side-by-side properties to own individually or as a pair. Stainless steel appliances in each and every unit, ceramic and laminate flooring, cathedral ceilings in one unit, granite in a multitude of bathrooms, coin laundry for added cash flow (in 156). Both buildings have central air conditioning, one is all separately metered with 3 breaker panels. 156 Peel was gutted to studs and completely re-done. There is plenty of parking and all great tenants, two that have resided for 5-ish years.