$12,995,000

359-363 DUCKWORTH STREET, Barrie (Grove East), Ontario, L4M 3X8

MLS® # S13584938

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Barrie (Grove East) ON, L4M 3X8

MLS® # S13584938

Property Information:

Rare student housing investment opportunity in Barrie, offering immediate cash flow. This offering includes two well-maintained, purpose-built apartment buildings located just seconds from Highway 400 and approximately 300 metres from Georgian College's main campus, with convenient access to all major amenities. Situated on just over one acre, the property comprises a total of 32 units, 144 beds, and 50 parking spaces. The buildings feature a mix of four- and five-bedroom suites, each equipped with its own kitchen, furnace, and in-suite laundry. Showings by appointment only. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Floor Space: 64408 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Dishwasher, Dryer

Property Features:

Property Type: Multi-family
Bathrooms: 64
Floor Space (approx): 64408 Square Feet
Irregular: Yes
Lot Depth: 258 Feet
Lot Frontage: 200 Feet
Lot Size: 1.19 Acres
Zoning: RA1 (SP-457)
Sewer: Sanitary sewer
No. of Parking Spaces: 50

Courtesy of: CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO, SUTTON GROUP PREFERRED REALTY INC.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 359-363 DUCKWORTH STREET, Barrie (Grove East), Ontario, L4M 3X8

Lifestyle
Neighbourhood

Demographic Information of 359-363 DUCKWORTH STREET, Barrie (Grove East), Ontario, L4M 3X8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$86,700.34

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.45 %

High school certificate or equivalent

27.1 %

Apprenticeship trade certificate/diploma

5.84 %

College/non-university certificate

30.05 %

University certificate (below bachelor)

1.35 %

University Degree

19.2 %

Commuter

Travel To Work

By Car

88.97 %

By Public Transit

3.73 %

By Walking

3.29 %

By Bicycle

0.0 %

By Other Methods

4.01 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.61 %

Houses

88.39 %

Own Vs. Rent