6 beds · 2 baths · 3372 sqft
Discover the potential at 61 Robert Street West, Penetanguishene a multi-family home nestled on a large corner lot with serene water views. This expansive property boasts two separate driveways, offering ample parking and convenience for each unit. The first unit is move-in ready, featuring a spacious layout with 3 bedrooms and 1 bathroom, complemented by upgraded finishes, hardwood flooring, upgraded plumbing and wiring for modern living. The second unit presents a unique opportunity as a blank canvas, ready for you to transform it into your dream space, office space, income-generating apartment or the perfect in-law suite. Whether you're looking for a home with additional rental income or a cash flow positive investment property, this is a great opportunity not to be missed. Both units have; separate entrances, separate hydro meters, natural gas line, water, forced-air furnace, a/c and hot water tanks. Additional living spaces; basement with possibilities to finish with walk-out to backyard and full third story that was once finished living space. Are you ready to take this property to the next level and earn instant equity? Now’s your chance! (id:39198)
Building Type House, Detached
Year built 1910
Square Footage 3372 sqft
Stories 2
Bedrooms 6
Bathrooms 2
Parking 6
NeighbourhoodPE02 - West of Main Street
Land size 0.156 ac|under 1/2 acre
Heating type Forced air
Basement typeFull (Unfinished)
Parking Type
Time on REALTOR.ca3 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: Keller Williams Co-Elevation Realty, Brokerage (Midland)
Home price
$424,900
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$3,865 / month
Rent $3,418
Savings $447
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$3,406 / month
Rent $3,313
Savings $93
Initial deposit 5%
Savings target Fixed at 5%