593 STOKES BAY ROAD
Northern Bruce Peninsula, Ontario
MLS® X12584438
$379,900
- Status
- Active
- Property type
- Business
- MLS® number
- X12584438
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 46Listing 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.
Property summary
- MLS® number
- X12584438
- Property type
- Business
- Square footage
- 2,712 sq ft
- Land size
- 82.47 x 110.73 FT
- Annual property taxes
- $1,789.00
- Parking
- 5 spaces
- Days on market
- 271 days
Features & details
- Cooling
- None
- Appliances
- Washer, Dryer
What would this home cost you?
Based on the $379,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Grey Bruce Realty Inc., WIARTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.