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. (id:47421)
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Detailed Information
Lot
82.42 x 110.67 ft
Equipment
Water Heater
Listing Contract Date
2025-11-28
Location Description
Cross Streets: Stokes Bay Road and Stokes River Road. ** Directions: North on Highway 6 to Ferndale, at main intersection, turn left and proceed on Bruce Road 9 to Stokes Bay Road, turn right onto Stokes Bay Road and head north. Follow to where the road turns right, turn right and follow to #593 on left hand side.
# of Parking Spaces
5
Property Type
Business
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
C4
Building
Appliances
Dryer, Washer
Cooling Type
None
Land
Total Size
82.47 x 110.73 FT
Sewer
Septic System
Size of Irregular Land
82.47 x 110.73 FT
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