150 Peel Street
Blue Mountains, ON
- 2 bed
- 4 sqft
- Investment
- 347 days on market
Exceptional Multi-residential Investment Opportunity in Thornbury!Set on 4.6 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 unitsa 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, its 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 youre 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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2024)
- $5,716
- Listed
- September 19, 2025
Price History
Listing history
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Parking
- Garage
- None
Utilities
- Sewer
- Septic
Location & Legal
- Cross Street
- HWY 26 towards Meaford, past foodland, turn left onto Peel St S.
- Zoning
- D
- Parcel Number
- 371320104
- Possession
- Other
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Apts - 6 To 12 Units
Community
Postal area N0H
- Population
- 53,674
- Private dwellings
- 34,400
- Median age
- 52.8
- Average household size
- 2.3
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Blue Mountains · last 12 months
- Median sold price
- $895,500
- Homes sold
- 296
- Median days on market
- 50
- Sale-to-list price
- 94.4%
Based on 296 recorded sales of commercial properties in Blue Mountains over the last 12 months.
Listed by
Royal LePage Locations North
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $5,716
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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