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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
0
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
13
Total Bedrooms
13
Washrooms
12
Square Footage
5000 + sqft
Basement
Crawl Space,Unfinished
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
None
Family Room
No
Kitchens
12
Total Kitchens
12
Fireplace Features
No
Bedrooms
13
Total Bedrooms
13
Washrooms
12
Square Footage
5000 + sqft
Basement
Crawl Space,Unfinished
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
None
Family Room
No
Kitchens
12
Total Kitchens
12
Fireplace Features
No
Exterior
Depth
93.0
Front
94.0
Acreage
< .50
Driveway
Private,Unreserved
Lot Size
94 x 93.0 ft
Pool
None
Parking Spaces
14
Total Parking Spaces
14.00
Parking Description
None
Garage Spaces
0
Zoning
CG
Depth
93.0
Front
94.0
Acreage
< .50
Driveway
Private,Unreserved
Lot Size
94 x 93.0 ft
Pool
None
Parking Spaces
14
Total Parking Spaces
14.00
Parking Description
None
Garage Spaces
0
Zoning
CG
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
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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