For sale

$2,850,000

Est. $13,516/mo —

•

12 ba

•

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sq ft

2 Tessier Dr, Penetanguishene, ON L9M 1V4

About this home

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:51075)

Multi-familyProperty Type

14 spacesParking

Listed by JIM HAWKE

Listed by VANESSA MOREAU

Listing updated: Nov 5, 2026 at 12:29pm

Redfin checked: 13 minutes ago

•Source:CREA #S14154198

Open houses

No upcoming open houses.

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Around this home

Schools

0.6km

École Élémentaire Saint-Joseph

Public, JK-6 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Bathrooms
12 bathrooms

Heating & cooling
Electric heating
Cooling

Sale and tax history for 2 Tessier Dr

Sale History
Tax History

Date

Event

Price

TREB #S12567720

Mar 3, 2026

Delisted

—

Nov 21, 2025

Listed

$2,980,000

+42

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Public record

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Style

Single Family Residential

Region

Simcoe County

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Last updated by owner on Aug 9, 2023.

Contact listing agent

JIM HAWKE

705-527-7877

At this time, Redfin doesn't have an agent available to help you with this home.

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