- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- S13029528
- Bus Major:
- Residential
- Photos (2)
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A rare strategic acquisition for the savvy developer or land-banker! This massive 4.468-acre infill parcel is situated in the heart of Penetanguishene, surrounded by established residential neighborhoods. Uniquely positioned to offer suplimental cash flow, the property features a standalone 3 bedroom residence currently generating $2,360 per month in rental income-providing an excellent carry while you navigate the planning process.Currently zoned R1 and Deferred Development (D), these retained lands represent one of the last significant intensification opportunities within the Primary Settlement Area. With municipal services at the lot line and close proximity to the waterfront and downtown core, the potential for a multi-lot severance or residential project is immense (subject to Town approval). Secure a holding property today and build for tomorrow. Buyer to conduct their own due diligence regarding rezoning and future use.
- Property Type:
- Commercial
- Property Sub Type:
- Land
- Freestanding:
- Yes
- Total Area:
- 1500 sq. ft. Square Feet
- Total Area:
- 1,500 sq. ft.
- Lot Depth:
- 628'
- Lot Frontage:
- 325'4½"
- Lot Shape:
- Irregular
- Water supply:
- Municipal
- Soil Test:
- Environmental Audit
- Zoning:
- R1 & Deffered Development
- Survey Available:
- Yes
- Garage:
- None
- Parking Spaces:
- 10
- Possession Details:
- 30 days from unconditional offer
- HST Applicable To Sale Price:
- In Addition To
- Assessment Year:
- 2025
- Development Charges Paid:
- No
- Type Taxes:
- Annual
- Taxes:
- $3,802 / 2025
- Assessment:
- $- / 2025
- Simcoe
- Penetanguishene
- Penetanguishene
- None
- HOT TUB - AS IS, Built-in Microwave, Carbon Monoxide Detector, Dryer, Gas Stove, Hot Tub, Refrigerator, Satellite Dish, Smoke Detector, Washer, Hot Water Tank Owned, Window Coverings
- None
- None
- No
- No
- Utilities:
- Yes
- Sewers:
- Sanitary+Storm
- Seller Property Info Statement:
- Yes
- Major Business Type:
- Residential
- Category:
- Designated
- Outside Storage:
- No
- Date Listed:
- Apr 22, 2026
-
Property Outline -
Property Location
Listed by KAIZEN CAPITAL REALTY PARTNERS
Data was last updated April 24, 2026 at 06:15 AM (UTC)
- WEI WANG
- Bay Street Group Inc.
- 1 (647) 9147337
- Contact by Email
Wei Wang @ Bay Street Group Inc. Brokerage
Location
#500 – 8300 Woodbine Ave
Markham, ON L3R9Y7