Was listed for:Expired Mar 17, 2026
$2,500,000

150 Peel Street S

Blue Mountains, ON N0H 2P0

Multiplex ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 150 Peel Street S, Blue Mountains

2025-09-19
-
Active
Price
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MLS#
X12415654
2025-09-19
2026-03-17
Expired
Price
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MLS#
x12415574

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 150 Peel Street S, Blue Mountains

Summarized Description

  • Exceptional investment opportunity in Thornbury.
  • 9 fully tenanted rental units available.
  • Potential for up to 30 units development.
  • Spacious main residence with bright kitchen.
  • Private back deck surrounded by trees.
  • Walking distance to Downtown and Georgian Bay.
  • Flexible property with immediate income.
  • Ideal for investors or developers.

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 units, a 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, it's 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 you're 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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,716
Land Transfer Tax Fee
$48,975

Basement Type
None

Interior Features

Interior Extras
Other
View
Trees/Woods
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None

Building

Building Type
Multiplex
Building Style
1 Storey/Apt

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
248.77 ft
Lot Depth
0.00 ft
Lot Size
4.6
Lot Shape
Irregular

Parking & Garages

Garage Type
None
Garage Spaces
10
Parking Spaces
10
Total Garage And Parking Spaces
10

Heating & Cooling

Heat Source
Electric
Heat Type
Other
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Septic
Telephone
Yes

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Bathroom—
    Main level, 3 Pc Bath
  • Bathroom—
    Main level, 4 Pc Bath
  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Dining Room—
    Main level

Washrooms

  • 3-piece
  • 4-piece

Municipality
Blue Mountains
Neighbourhood
Blue Mountains
Main cross streets
HWY 26 towards Meaford, past foodland, turn left onto Peel St S.
Zoning
D
Directions
HWY 26 towards Meaford, past foodland, turn left onto Peel St S.

MLS® number
X12415574
Data source
Toronto Regional Real Estate Board
Status change
2026-03-17
Listed on
2025-09-19
Days on market
179 days
Possession type
Other
Co-op commission
2%+tax
Seller
Listed by
Royal LePage Locations North

Home Market Value

Current home valuation for 150 Peel Street S, Blue Mountains, Blue Mountains, ON. Listed for $2,500,000

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Estimated Sales Range

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HOMEH Estimate for 150 Peel Street S, Blue Mountains

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Land Transfer Tax

Provincial

$48,975

Total Land Transfer Tax

$48,975

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