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$499,900

16 PETER STREET S, South Bruce, Ontario, N0G 2J0

MLS® # X12817962

South Bruce ON, N0G 2J0

MLS® # X12817962

Property Information:

This property represents a compelling investment opportunity, particularly for those interested in converting it into a duplex and enjoying rental income benefits. With its generous size and well-considered layout, it easily accommodates two spacious units, each offering privacy and comfort. The presence of separate entrances ensures convenience and independence for both households, making it ideal for multi-generational living or rental income potential (a ramp could be added to rear entrance for accessibility purposes as main has wheelchair accessible 2 pc. bath). Additionally, the ample parking available - space for up to seven cars - further enhances the appeal for prospective tenants or owners. This building was once a beloved convent and later a bustling municipal office and library, not to mention the home of a well-loved scrapbook boutique where supplies were sold, and workshops held. Many adjustments were made by the present owners to accommodate this venture including expansion of parking, steel doors, fire safety, and more. Other noteworthy updates include a metal roof and modern boiler system, and electrical updates, offering peace of mind for years to come. Centrally located near schools, recreation centre and downtown, this unique combination of features positions the property as a versatile and attractive option for investors seeking strong returns and long-term value. (Note: Add water/sewer/garbage surcharge fee to annual taxes). (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 2794 sqft
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dishwasher, Dryer, Freezer, Washer, Window Coverings

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 2794 Square Feet
  • Irregular: Yes
  • Lot Depth: 132 Feet
  • Lot Frontage: 75 Feet
  • Lot Size: Bldg=75 x 132 FT
  • Zoning: C3

Courtesy of: eXp Realty

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 16 PETER STREET S, South Bruce, Ontario, N0G 2J0

Demographic Information of 16 PETER STREET S, South Bruce, Ontario, N0G 2J0

Life Stage

Older Parents, Younger Kids

Employment Type

Blue Collar/Primary

Average Household Income

$104,696.15

Average Number of Children

1.91

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.8 %

High school certificate or equivalent

43.46 %

Apprenticeship trade certificate/diploma

6.17 %

College/non-university certificate

18.51 %

University certificate (below bachelor)

0.02 %

University Degree

10.04 %

Commuter

Travel To Work

By Car

97.17 %

By Public Transit

0.0 %

By Walking

0.08 %

By Bicycle

0.0 %

By Other Methods

2.75 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

10.32 %

Houses

89.68 %

Own Vs. Rent