Call Me: 705.441.3687
Welcome to 569 Catherine Street, a fully renovated, turn-key commercial property offering a secure and lucrative investment in one of the region's growing family-oriented communities. This building has been completely gutted and professionally updated from top to bottom, including new plumbing, electrical, Hvac, roof, windows, and all systems brought up to current codes and requirements for daycare and tutoring operations. The result is a modern, compliant facility with long-term potential. Currently tenanted by a high-quality, upscale daycare and tutoring business with 4 years remaining on the lease (plus renewal option), this property generates over $100,000 annually in guaranteed rental income with built-in yearly increases. The tenant is responsible for all TMI (taxes, maintenance, and insurance), making this a truly hands-off, high-yield opportunity. Located in a family-friendly area with schools, parks, and residential neighborhoods nearby, the demand for childcare remains strong, supporting the stability and long-term viability of the tenant. With a professionally structured lease and a tenant invested in staying long term, 569 Catherine Street is not just a building, it's a rare chance to own a secure, income-producing asset in a thriving community. Large lot would allow for future building/expansion. Property has 7 washrooms, additional separate sinks and includes a full kitchen. (id:44887)
| MLS® Number | X12179254 |
| Property Type | Office |
| Community Name | Saugeen Shores |
| FarmType | Other |
| ParkingSpaceTotal | 16 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 3892 Sqft |
| Type | Offices |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 132 Ft |
| SizeFrontage | 99 Ft |
| SizeIrregular | 99 X 132 Ft |
| SizeTotalText | 99 X 132 Ft |
| ZoningDescription | Rm |
https://www.realtor.ca/real-estate/28379368/569-catherine-street-saugeen-shores-saugeen-shores
Contact us for more information
Adam Lesperance
Broker
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
My goal is to combine knowledge, passion and skills to exceed each client’s expectations, and most of all, to show I genuinely care. Real Estate can change your life, and because of that, I want to create an experience worth talking about.
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