32 Maria Street, Penetanguishene, ON L9M 1L7

About this residence

Fantastic Investment Opportunity or Live-In Income Property in Penetanguishene! Welcome to 32 Maria Street, a well maintained multiplex offering excellent potential for both first time buyers and seasoned investors. Featuring three one-bedroom units, this property offers a fantastic opportunity to generate rental income while building equity. Two units are currently tenanted, while the third is vacant and ready for its next occupant. Looking to get into the market? Live in one unit and let the rental income from the other two help supplement your mortgage payments, or secure your own A+ tenant to maximize your investment potential. Outside, you'll find ample parking for 8+ vehicles, a detached garage/storage shop that was previously used as a personal workshop, plus additional storage space ideal for housing lawn care and snow removal equipment. Whether you're looking to expand your investment portfolio or take your first step into homeownership with the added benefit of rental income, this versatile property is full of opportunity. Don't miss your chance to explore the possibilities here!

Property details

Property type

Multiplex

Total rooms

11

Garage

Detached

Parking spaces

8

Annual taxes

$3,953 (2025)

Possession

Flexible

Directions

Main Street to Edward to Maria

Location