$499,900
Available - For Sale
Listing ID: X12817962
16 Peter Street South , South Bruce, N0G 2J0, Bruce
| 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). |
| Price | $499,900 |
| Taxes: | $3591.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Owner |
| Address: | 16 Peter Street South , South Bruce, N0G 2J0, Bruce |
| Postal Code: | N0G 2J0 |
| Province/State: | Bruce |
| Directions/Cross Streets: | Church St. |
| 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: | Apartment |
| Building Percentage: | T |
| Total Area: | 2794.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Yes |
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| eXp Realty |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Bruce |
| Municipality: | South Bruce |
| Neighbourhood: | South Bruce |
| Tax: | $3,591 |
| Fireplace: | N |
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