150 Peel Street
Interior view
Interior view
42
Expired
Multiplex

150 Peel Street

Blue Mountains, ON, N0H 2P0

Multiplex
Area
1100-1500 sq.ft
Bed
2
Bedrooms
Bath
2
Bathrooms
Parking
10
Single Garage
Expired

Property Description

Original Remarks

Exceptional Multi-Residential Investment Opportunity in Thornbury! Set on 4.6 acres in the heart of Thornbury, this unique property offers both immediate income and incredible development potential. The property consists of 9 fully tenanted rental units, a mix of one-and two-bedroom townhomes.A proposed development plan outlines the potential for up to 30 units (subject to approvals), making this a rare opportunity for investors or developers looking to expand in one of the areas most sought-after communities.The main residence features a spacious living, dining, and kitchen area with a bright white kitchen, ample cupboard space, peninsula seating, and doors opening to a private back deck surrounded by mature trees. With 2 bedrooms and 2 bathrooms, it's ideal as an owners unit or for additional rental income.Other units on the property provide a steady income stream, with all currently leased. Serviced by town water and septic, the property offers flexibility for future plans while continuing to deliver returns today.Perfectly located, its within walking distance to Downtown Thornbury, minutes across the road to Georgian Bay, and only a short drive to private ski and golf clubs in The Blue Mountains.Whether you're looking to sit back and collect rental income or explore the development potential, this property is a standout investment in Southern Georgian Bay.Square footage, bedroom/bathroom count and interior photos/video are from the main unit.

PROPERTY HISTORY

150 Peel Street

Type:Multiplex
Style:1 Storey/Apt
Size Range:1100-1500
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X12415574
Community:Blue Mountains
Days on Market:-
Year Built:-
Age range:-
Basement:None
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$5,716/yr (2024)
Municipality:Blue Mountains
Lot Size:4.6 Feet

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