16 Peter Street
South Bruce, ON
- 2,794 sqft
- Investment
- 304 days on market
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).
Listing Details
- Taxes (2025)
- $3,591
- Listed
- November 3, 2025
Price History
Listing history
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Property
- Lot Size
- 75 x 132 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Church St.
- Zoning
- C3
- Parcel Number
- 332130423
- Possession
- 30-59 days
- Occupancy
- Owner
Included
- Inclusions
- Fridge, stove, built-in dishwasher, stackable washer/dryer, deep freezer in basement (all appliance function but are not new, thus, are in AS IS condition. Light fixtures, ceiling fans, window coverings, 2 dehumidifiers, lawn mower, garden shed, A/G pool (AS IS).
- Exclusions
- None
- Rental Items
- Water softener - Culligan
Community
Postal area N0G
- Population
- 86,935
- Private dwellings
- 35,896
- Median age
- 40.8
- Average household size
- 2.6
- Median household income
- $83,000
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 South Bruce · last 12 months
- Median sold price
- $479,350
- Homes sold
- 52
- Median days on market
- 22
- Sale-to-list price
- 95.8%
Based on 52 recorded sales of commercial properties in South Bruce over the last 12 months.
Listed by
eXp Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,794 sq ft
- Price per sq ft
- $178.92
- Annual property tax
- $3,591
- Tax per sq ft
- $1.29
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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