14 & 16 Hillcrest Street W Teeswater, Ontario N0G 2S0
$589,000
Lots of Opportunities and Options define this Multi-building, Multi-residential, investment property. Surrounded by mature landscaping, a charming 1472 sq ft yellow brick house, with attached double car garage sits on the west side of the property. While on the east side of the property, there is a 3133 sq ft former church, previously re-purposed into a solid 3 level, 4 unit apartment building. All this is located on a large 3.69 acre parcel of land that runs parallel to the scenic Teeswater River. You even have seasonal water views from the house. The property also has trails and pathways through the bush at the back of the property and ample cleared space for a nice garden or recreational use. (The house has a lower level garage drive-out that would be perfect for an ATV). The property is currently vacant allowing the new owner ease in doing the necessary renovations and to choose their own tenants, determine the rent payment and to customize a new lease agreement. Don't want to be a landlord? There might be the option to sever off the 4-plex building. Why not book a time to see this property and start exploring your many options. The Municipality of South Bruce is exploring with NWMO a possible site north of Teeswater. Studies are ongoing and their hopes are to reach a decision in 2024. www.nwmo.ca www.southbruce.ca (id:42639)
Property Details
| MLS® Number | 40337674 |
| Property Type | Multi-family |
| Amenities Near By | Schools |
| Community Features | Community Centre |
| Parking Space Total | 11 |
Building
| Bathroom Total | 5 |
| Bedrooms Total | 7 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | None |
| Foundation Type | Poured Concrete |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | Yes |
| Land Amenities | Schools |
| Sewer | Municipal Sewage System |
| Size Frontage | 193 Ft |
| Size Irregular | 3.69 |
| Size Total | 3.69 Ac|2 - 4.99 Acres |
| Size Total Text | 3.69 Ac|2 - 4.99 Acres |
| Zoning Description | R1, Ep |
https://www.realtor.ca/real-estate/24982391/14-16-hillcrest-street-w-teeswater
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October 18 2022 08:57:08
REALTORS® Association of Grey Bruce Owen Sound
Century 21 In-Studio Realty Inc., Brokerage (Wiarton), Century 21 In-Studio Realty Inc., Brokerage (Kincardine)