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Listed price in listed location currency (CAD).
$1,299,000

0010

MLS® S13705676

Overview

Key Facts

Type Commercial Land
Levels Commercial Sale
Size -
Garage None
Taxes $3,802
Days Active 12
Lot Size 4.468
Approx. Age 
MLS® Number S13705676

Property Address: 39 Yeo St, Penetanguishene, ON, L9M1C7

Average square foot calculated using Size range provided by listing agent.

Description

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. Additionally, there is an unopened municipally owned road allowance bordering the west edge of the property. Seller has completed the following work related to the development of the property:-Initial planning consultation (May 2022)-Stage 1&2 Archaeological Assessment (December 2022)-Preliminary Site Plan (August 2023)-Environmental Impact Study (August 2023). Buyer to conduct their own due diligence regarding rezoning and future use.
MLS® NumberS13705676
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $1,299,000

Preliminary Site Plan
For Sale · 11 days

$1,299,000

MLS® S13705676

12 days ago

Not Sold Yet

October 2026, Withdrawn for $1,299,000

Withdrawn · 180 days

$1,299,000

MLS® S13029528

In a month

Canceled on Oct 20, 2026

August 2026, For Sale for $1,299,000

Preliminary Site Plan
For Sale · 11 days

$1,299,000

MLS® S13705676

12 days ago

Not Sold Yet

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