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.
Address
569 Catherine Street
List Price
$1,800,000
MLS® Status
New
Expiration Date
2026-05-31
Property Type
Commercial
Type of Dwelling
Office
Transaction Type
Sale
Area
Saugeen Shores
Region
Bruce
Lot Size Source
MPAC
Lot Depth
132
Lot Type
Lot
Lot Size Units
Feet
Lot Width
99
Parcel Number
332720093
Total Building Area
3892.41
Occupant Type
Tenant
Cross Street
Catherine Street / Waterloo Street
MLS® Number
X12597886
Listing Brokerage
Keller Williams Realty Centres
Postal Code
N0H 2C1
Posession Details
Flexible
Parking Spaces
16
Tax Amount
$14,591.00
Tax Year
2025
Standard Status
Active
Board Or Association
One Point Association of REALTORS
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None
Security Features
No