593 Stokes Bay Road,Northern Bruce Peninsula, ON N0H 2M0
Northern Bruce Peninsula, ON N0H 2M0
Description
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.
Details
| MLS # | X12584438 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 275 |
| Listing Provided By | RE/MAX Grey Bruce Realty Inc. | X12584438 571301 |
Features
| SQ Feet | 2,712 |
|---|---|
| Acreage | 0.06 |
Interior
| Cooling | No |
|---|
Utilities
| Utilities | Yes |
|---|---|
| Sewer | Septic |
Taxes
| Tax Annual Amount | 1789 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PCL 6-1 SEC D17; UNIT 6 PL D17; NORTHERN BRUCE PENINSULA |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Bruce |
| City | Northern Bruce Peninsula |
| Postal Code | N0H 2M0 |
| Area | Northern Bruce Peninsula |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Bruce |
| City | Northern Bruce Peninsula |
| Postal Code | N0H 2M0 |
| Area | Northern Bruce Peninsula |