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$2,850,000

2 TESSIER DRIVE — Penetanguishene, Ontario

L9M1V4

Team Hawke Realty

MLS® S14154198

13Beds

12Baths

14Parking

About This Property

If you are looking for an absolutely turn key 12-unit apartment building, this is it. Priced at a 6.2 cap rate. This building has had extensive renovations in the past 5 years. You will not find a better investment opportunity. 9 one-bedroom apts and 2 one-bedroom with dens and 1 two-bedroom with new kitchens, bathrooms, flooring, doors, trim, some new electrical and plumbing, drywall, heating, laundry room, security room, paved parking, appliances, fire and smoke system, and revamped decks. Great downtown Penetanguishene location, walking distance to shopping, restaurants, and a beautiful trail system along the waterfront park on Georgian Bay.Very easy to find quality tenants in this location. Minimum 36 hours' notice to show the building. First visit, we will set up only 3 apartments to give you a good feel of the property. Listing agent must be present for all showings. Financials available upon request. (id:63357)

Team Hawke RealtyMLS® S14154198

Property Location

Map

Property Details

Property Type: Multi-Unit
Bedrooms: 13
Bathrooms: 12
Stories: 3.0
Status: Active
MLS® Number: S14154198

Location & Neighborhood

What's nearby 2 TESSIER DRIVE

Nearby Schools

Canadian Martyrs
School
0.8 km
James Keating
School
0.9 km
St Ann's
School
1.3 km
Monsignor Castex
School
3.4 km
Bayview
School
3.7 km

Parks & Recreation

Penetanguishene Rotary Park
park
0.4 km
Penatanguishene Memorial Park
park
0.5 km

Transit Access

Downtown
Bus Stop
0.5 km

Local Amenities

Dining

Wing House42m
Yang's Fine Kitchen0.8 km

Library

Penetanguishene Public Library0.3 km

Banking

Edward Jones0.3 km
TD Canada Trust0.6 km

Grocery

Foodland0.5 km

POI data updated 11/5/2026

Last updated: Nov 5, 2026

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