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39 Poyntz St 12,000 SF Health Care Building Offered at $2,399,000 CAD in Penetanguishene, ON L9M 1N5
INVESTMENT HIGHLIGHTS
- 2 GARAGE BUILDINGS ALSO PENDING REZONING
- MAIN BUILDING IS 8600 S.F. WITH ATTACHED 2 UNIT DUPLEX (HOUSE) 3400 S.F.
- BEING SOLD WITH PLANS AND ZONING FOR MULTI RES USE, OR CAN BE RUN AS RETIREMENT HOME STILL.
EXECUTIVE SUMMARY
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+ years.
PROPERTY FACTS
| Price | $2,399,000 CAD | Lot Size | 0.99 AC |
| Price Per Bed | $104,304 CAD | Building Size | 12,000 SF |
| Sale Type | Investment | No. Beds | 23 |
| Property Type | Health Care | No. Stories | 2 |
| Property Subtype | Assisted Living | Year Built | 1962 |
| Building Class | C | ||
| Zoning | I-H5 - APPLICATION TO REZONE TO RESIDENTIAL | ||
| Price | $2,399,000 CAD |
| Price Per Bed | $104,304 CAD |
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 0.99 AC |
| Building Size | 12,000 SF |
| No. Beds | 23 |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | I-H5 - APPLICATION TO REZONE TO RESIDENTIAL |
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39 Poyntz St
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