Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

593 Stokes Bay Road, Northern Bruce Peninsula, ON N0H 2M0 (Stokes Bay Road and Stokes River Road)
$ 399900 - MLS : X12584438

From Our Gallery

Description

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.

Location Description

Stokes Bay Road and Stokes River Road

Property Detail

Community: Northern Bruce Peninsula
Property Type: Tenant/Commercial
Garages: None
Annual Property Taxes : $ 1789

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Propane Gas
Sewer : Septic ,

Listing Contracted With: RE/MAX Grey Bruce Realty Inc.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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