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Active
593 Stokes Bay RD Northern Bruce Peninsula, ON N0H 2M0
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Northern Bruce Peninsula
MLS Listing ID X12584438
Annual Tax Amount $1,789
Tax Year 2025
Property Sub-Type Investment
Property 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.
Location
State ON
County Bruce
Area Bruce
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 82.47
Lot Depth 110.73
Others
ParcelsYN No
Listed by RE/MAX Grey Bruce Realty Inc.