For Sale: 16 Peter Street S, South Bruce, ON - REW
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$499,900
0 bd • ba • 2794 sf • Multifamily
16 Peter Street S
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$499,900
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16 Peter Street SSouth Bruce, ON, N0G 2J0

  • 0 Bed
  • Bath
  • 2794 Sqft
  • Multifamily

About this home

This property represents a compelling investment opportunity, particularly for those interested in converting it into a duplex and enjoying rental income benefits. With its generous size and well-considered layout, it easily accommodates two spacious units, each offering privacy and comfort. The presence of separate entrances ensures convenience and independence for both households, making it ideal for multi-generational living or rental income potential (a ramp could be added to rear entrance for accessibility purposes as main has wheelchair accessible 2 pc. bath). Additionally, the ample parking available - space for up to seven cars - further enhances the appeal for prospective tenants or owners. This building was once a beloved convent and later a bustling municipal office and library, not to mention the home of a well-loved scrapbook boutique where supplies were sold, and workshops held. Many adjustments were made by the present owners to accommodate this venture including expansion of parking, steel doors, fire safety, and more. Other noteworthy updates include a metal roof and modern boiler system, and electrical updates, offering peace of mind for years to come. Centrally located near schools, recreation centre and downtown, this unique combination of features positions the property as a versatile and attractive option for investors seeking strong returns and long-term value. (Note: Add water/sewer/garbage surcharge fee to annual taxes). (id:63626)
Listed by: NICOLE SCHNURR, Salesperson, eXp Realty

Home facts and features

Price details
List Price
$499,900
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Gross Taxes for 2025
$3,591
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
132 feet
Frontage
75.0 feet
Heating Type
Hot water radiator heat, Natural gas
Cooling
Fully air conditioned
Appliances
Dishwasher, Dryer, Freezer, Washer, Window Coverings
Agent details
Primary Agent
NICOLE SCHNURR
Primary Broker
eXp Realty
Secondary Agent
Secondary Broker
eXp Realty
Listing details
Days on REW
106 Days
Property Views
39
MLS® Number
X12817962
Source
Canadian Real Estate Association
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Property Insights

Sacred Heart School
  • Catholic
  • JK - 8
Mildmay-Carrick Central School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
NICOLE SCHNURR
Phone:
(519) 889-1276
Office:
866-530-7737
Broker
HEATHER KEIP
Phone:
(519) 889-1674
Office:
866-530-7737
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.