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593 Stokes Bay Road Northern Bruce Peninsula, Ontario N0H 2M0

2712 sqft
None

$399,900

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. (id:13139)

Property Details

MLS® Number X12584438
Property Type Business
Community Name Northern Bruce Peninsula
EquipmentType Water Heater
ParkingSpaceTotal 5
RentalEquipmentType Water Heater

Building

Appliances Dryer, Washer
CoolingType None
SizeInterior 2712 Sqft

Land

Acreage No
Sewer Septic System
SizeDepth 110 Ft ,8 In
SizeFrontage 82 Ft ,5 In
SizeIrregular 82.47 X 110.73 Ft
SizeTotalText 82.47 X 110.73 Ft
ZoningDescription C4

https://www.realtor.ca/real-estate/29145131/593-stokes-bay-road-northern-bruce-peninsula-northern-bruce-peninsula

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