$399,900
Available - For Sale
Listing ID: X12584438
593 Stokes Bay Road , Northern Bruce Peninsula, N0H 2M0, Bruce
| A familiar landmark in Stokes Bay, the building once known as the Copper Kettle Restaurant has been transformed into a 3-unit residential income property-a fantastic opportunity for investors or buyers looking for a home with built-in revenue. The triplex features: 1-bedroom unit currently rented at $525/month, a 2-bedroom unit currently rented at $600/month, and a 2-bedroom unit recently rented at $700/month. With two longer-term tenants and one newly occupied unit, this property offers stable income and the potential to grow your investment. Ideal for those who want to live in one unit while benefiting from tenants helping offset expenses. Located on the beautiful Bruce Peninsula, this property sits in the welcoming community of Stokes Bay, just a short drive to Lion's Head and Tobermory-home to incredible natural attractions, hiking, boating, and tourism demand. Whether you're expanding your real estate portfolio or searching for a practical home-plus-income solution, this unique and well-known property is worth a closer look. |
| Price | $399,900 |
| Taxes: | $1789.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 593 Stokes Bay Road , Northern Bruce Peninsula, N0H 2M0, Bruce |
| Postal Code: | N0H 2M0 |
| Province/State: | Bruce |
| Legal Description: | PCL 6-1 SEC D17; UNIT 6 PL D17; NORTHERN |
| Directions/Cross Streets: | Stokes Bay Road and Stokes River Road |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Accommodation |
| Building Percentage: | T |
| Total Area: | 2712.00 |
| Total Area Code: | Square Feet |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Propane Gas |
| Central Air Conditioning: | No |
| Sewers: | Septic |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX Grey Bruce Realty Inc. |
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Lynn Tribbling
Sales Representative
Dir:
416-252-2221
Bus:
416-383-9525
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Bruce |
| Municipality: | Northern Bruce Peninsula |
| Neighbourhood: | Northern Bruce Peninsula |
| Tax: | $1,789 |
| Fireplace: | N |
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