16 Peter ST S, South Bruce, ON N0G 2J0
16 Peter ST S, South Bruce, ON N0G 2J0
16 Peter ST S, South Bruce, ON N0G 2J0
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$499,900
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision South Bruce

MLS Listing ID X12817962

Annual Tax Amount $3,591

Tax Year 2025

Property Sub-Type Investment

Property Description

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).

Location

Province ON

County Bruce

Area Bruce

Zoning C3

Interior

Cooling Yes

Inclusions Fridge, stove, built-in dishwasher, stackable washer/dryer, deep freezer in basement (all appliance function but are not new, thus, are in AS IS condition. Light fixtures, ceiling fans, window coverings, 2 dehumidifiers, lawn mower, garden shed, A/G pool (AS IS).

Exterior

Parking Features None

Utilities Available Yes

Building

Lot Description Building


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Lited by eXp Realty

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Tyler Verheul

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16 Peter ST S