Apartment buildings for sale in Barrie–Simcoe

32 Maria Street, Penetanguishene

Units not stated
Listed by Royal LePage In Touch Realty
Updated October 22, 2026
$659,900
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Details from the listing

Property taxes$3,953 (2025)
Lot size49.35 × 166.46 ft
OccupancyTenant
HeatWater, Gas

From the listing

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 self-contained 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 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 at 32 Maria Street!

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Listings refreshed October 22, 2026 at 10:55 a.m. ET