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$499,900

Investment

16 Peter Street S, South Bruce, ON N0G 2J0South Bruce

Listing Overview

MLS ID:X12817962
Status:New
Type:Commercial / Investment
Taxes:$3,591 / yr (2025)
Days on Market:42
Listed:2026-02-25
Last Updated:Mar 30, 2026
Cross Street:Church St.
Data Source:PROPTX

Interior

Utilities

Heat Type:Gas Hot Water

Outdoor / Lot

Lot Size:75ft × 132ft

Parking

Garage Type:None

Description

This property represents a compelling investment opportunity, particularly for those interested in converting it into a duplex and enjoying rental income benefits. With its generous size and well-considered layout, it easily accommodates two spacious units, each offering privacy and comfort. The presence of separate entrances ensures convenience and independence for both households, making it ideal for multi-generational living or rental income potential (a ramp could be added to rear entrance for accessibility purposes as main has wheelchair accessible 2 pc. bath). Additionally, the ample parking available - space for up to seven cars - further enhances the appeal for prospective tenants or owners. This building was once a beloved convent and later a bustling municipal office and library, not to mention the home of a well-loved scrapbook boutique where supplies were sold, and workshops held. Many adjustments were made by the present owners to accommodate this venture including expansion of parking, steel doors, fire safety, and more. Other noteworthy updates include a metal roof and modern boiler system, and electrical updates, offering peace of mind for years to come. Centrally located near schools, recreation centre and downtown, this unique combination of features positions the property as a versatile and attractive option for investors seeking strong returns and long-term value. (Note: Add water/sewer/garbage surcharge fee to annual taxes).

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