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

593 Stokes Bay Road, Northern Bruce Peninsula, Ontario  N0H 2M0 - Photo 1 - X12584438
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593 Stokes Bay Road, Northern Bruce Peninsula, Ontario  N0H 2M0 - Photo 1 - X12584438
593 Stokes Bay Road, Northern Bruce Peninsula, Ontario  N0H 2M0 - Photo 2 - X12584438
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593 Stokes Bay Road, Northern Bruce Peninsula, Ontario  N0H 2M0 - Photo 46 - X12584438

$399,900

2,712 ft2
None

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:36109)

Property Details

MLS® Number X12584438
Property Type Business
Community Name Northern Bruce Peninsula
Equipment Type Water Heater
Parking Space Total 5
Rental Equipment Type Water Heater

Building

Appliances Dryer, Washer
Cooling Type None
Size Interior 2,712 Ft2

Land

Acreage No
Sewer Septic System
Size Depth 110 Ft ,8 In
Size Frontage 82 Ft ,5 In
Size Irregular 82.47 X 110.73 Ft
Size Total Text 82.47 X 110.73 Ft
Zoning Description C4
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593 Stokes Bay Road
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