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Exceptional Multi-Residential Investment Opportunity in Thornbury! Set on 2.3 acres in the heart of Thornbury, this unique property offers both immediate income and incredible development potential. The property consists of 9 fully tenanted rental units, a mix of one-and two-bedroom townhomes.A proposed development plan outlines the potential for up to 30 units (subject to approvals), making this a rare opportunity for investors or developers looking to expand in one of the areas most sought-after communities.The main residence features a spacious living, dining, and kitchen area with a bright white kitchen, ample cupboard space, peninsula seating, and doors opening to a private back deck surrounded by mature trees. With 2 bedrooms and 2 bathrooms, it's ideal as an owners unit or for additional rental income.Other units on the property provide a steady income stream, with all currently leased. Serviced by town water and septic, the property offers flexibility for future plans while continuing to deliver returns today.Perfectly located, its within walking distance to Downtown Thornbury, minutes across the road to Georgian Bay, and only a short drive to private ski and golf clubs in The Blue Mountains.Whether you're looking to sit back and collect rental income or explore the development potential, this property is a standout investment in Southern Georgian Bay.Square footage, bedroom/bathroom count and interior photos/video are from the main unit.
City: Blue Mountains
Neighborhood: Blue Mountains
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Sep 19, 2025 | 3 | $2,500,000 | N/A | New | X12415654 |
Purchase Price | $2500000 |
Down Payment | $500000 |
Mortgage Insurance | $0 |
Total Mortgage | $2000000 |
Mortgage Payment | $12325 |
Property Taxes | $476 |
Maintenance Fees | $0 |
Monthly Payment | $12801 |
Located at 150 Peel St S , this Blue Mountains house is available for sale. This property was listed for $2,500,000 on Fri Sep 19 2025. This house's size is 1100-1500 Sqft. It has 2 bedrooms and 2 bathrooms. The property includes the following rooms: Br, 2nd Br, Bathroom, Bathroom, Living, Kitchen, Dining. This property comes with 10 parking spots. 150 Peel St S, Blue Mountains is situated in the Blue Mountains neighbourhood.
MLS#: X12415574 · $2,500,000 · 2 bedroom house in Blue Mountains, Blue Mountains