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 area’s 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 owner’s 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, it’s 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.