158 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 rezoning 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.