39 POYNTZ Street, Penetanguishene
A rare opportunity to own an exceptional residence in one of the most sought-after locations.
Property Highlights
Distinctive Features That Set This Property Apart
Property Type
Single Family
Style
House
Year Built
1926
Square Footage
2429 square feet
Bedrooms
5
Bathrooms
3
Distinguished Features
Premium Amenities
Featuring luxury finishes and high-end appliances throughout
Prime Location
Situated in a prestigious neighborhood with exceptional access
Property Overview
A Closer Look at This Distinguished Residence
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+ year...
MLS Number
40681159
Listed By
Ed Lowe Limited Brokerage
Last Updated
Feb 13, 2025, 9:10 p.m.
Data Source
CREA
"This property represents an exceptional opportunity in today's market, offering the perfect blend of location, craftsmanship, and timeless appeal."
Property Specifications
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Property Specifications
Interior Features
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Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.
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Cash Flow Analysis
This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.
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