42
See all 42 photos
$2,500,000
Est. payment /mo
2 Beds
2 Baths
New
150 Peel ST S Blue Mountains, ON N0H 2P0
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Blue Mountains
MLS Listing ID X12415574
Style 1 Storey/Apt
Bedrooms 2
Annual Tax Amount $5,716
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Exceptional Multi-Residential Investment Opportunity in Thornbury! Set on 2.3 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.
Location
State ON
County Grey County
Community Blue Mountains
Area Grey County
Zoning D
Rooms
Family Room No
Basement None
Kitchen 1
Interior
Interior Features Other
Cooling Wall Unit(s)
Exterior
Exterior Feature Deck
Parking Features Mutual, Other
Pool None
View Trees/Woods
Roof Type Asphalt Shingle
Road Frontage Public Road
Lot Frontage 248.77
Total Parking Spaces 10
Building
Foundation Concrete
Others
Senior Community No
Listed by Royal LePage Locations North
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