61 Thompson Rd W - Apartments FOR SALE


Penetanguishene, ON L9M 0A1
$6,700,000 CAD
416-756-5443
61 Thompson Rd W, Penetanguishene, ON for Sale
$6,700,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

61 Thompson Rd W
Penetanguishene, ON L9M 0A1


HIGHLIGHTS

  • Retail amenities nearby
  • Access to highway
  • Ample parking
  • High exposure location
  • Brand new build
  • Natural light exposure

OVERVIEW

Newly constructed 3 storey-18 unit apartment building in central Penetanguishene. Surplus land will permit an additional 3 storey-21 unit building with ability for quick approvals. Unit sizes range from 570-926 sq ft with a total GFA of +/- 15,012 sq ft. New elevator and security system installed. Outdoor surface parking available. Schools, shopping and waterfront are all within a 15 minute walk or 3 minute drive.

FOR SALE DETAILS

PRICE

$6,700,000 CAD

PRICE/SF

$446 CAD /SF

# OF UNITS

18

PRICE/UNIT

$372,222

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,736 SF

ZONING

R3

APN/PARCEL ID

437201000114220

ASK ABOUT THIS PROPERTY

Raymond HabetsCushman & WakefieldMore Info
416-756-5443

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Raymond HabetsCushman & WakefieldMore Info
416-756-5443

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.