85 days on Market

150 Peel St, Blue Mountains, Ontario N0H 2P0

Other
-
-
~4.6 sqft
$2,500,000
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Other
-
-
~4.6 sqft

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Highlights

Property Estimate

Days on market85 days

Estimated valueNot available

Price/Sqft$543,478/sqft

Monthly cost

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Description

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.


Property Details

StyleApartment
View-
Age of property-
SqFt~4.6 SqFt
Lot Size-
Parking Spaces10
MLS ®NumberX12415654
Community NameThe Blue Mountains
Data SourceTRREB
Listing byRoyal LePage Locations North

Features

Heating: Other
Cooling: Part

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property History

Sep 19, 2025
ListedActive
$2,500,000
85 days on market
history photo preview40
Listing by trreb®
Property listed by Royal LePage Locations North, Brokerage
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Market Data - The Blue Mountains

Geo Zone Map ThumbnailThe Blue Mountains

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

62 days

Compared to

2024

63 days

2023

51 days

2022

35 days

New Listings

Past 30 days

70 listings

Compared to

2024

142 listings

2023

119 listings

2022

89 listings

Units sold

Past 30 days

24 units

Compared to

2024

34 units

2023

21 units

2022

30 units

Median Sold Price

Past 30 days

$920,000

Compared to

2024

$997,500

2023

$875,000

2022

$1,292,500


What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget