593 Stokes Bay Road, Northern Bruce Peninsula, ON

$379,900

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About 593 Stokes Bay Road

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.

Features of 593 Stokes Bay Road

MLS® # X12584438
Price $379,900
Bathrooms 0.00
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 593 Stokes Bay Road
Area Bruce
Subdivision Northern Bruce Peninsula
City Northern Bruce Peninsula
Province ON
Postal Code N0H 2M0

Amenities

Parking Spaces 5
Garages None
Is Waterfront No

Interior

Heating Propane Gas
Cooling No
Fireplace No

Listing Details

OfficeRE/MAX Grey Bruce Realty Inc.

Listing Map