Property Information:

Attention All Investors!!! A rare opportunity to acquire a fully renovated, stabilized investment property in one of Barrie's rapidly evolving downtown neighbourhoods. Unlike many income properties requiring significant capital investment or rent turnover, this asset has already undergone extensive improvements and is fully leased at market rents, offering immediate, reliable cash flow. Ideally situated just a two-minute walk from the waterfront, GO Train Station, and an abundance of downtown amenities, the property is well-positioned for long-term appreciation and strong tenant demand.The mixed-use building features eight residential apartments and two commercial units. One of the commercial spaces presents an excellent opportunity for an owner-occupier to operate their business on the ground floor while maintaining a convenient on-site presence to oversee the property. Each residential unit is equipped with its own wall-mounted heat pump for efficient heating and cooling, with baseboard heating as supplemental heat. All units are separately metered, with tenants responsible for their own hydro and water, helping to minimize operating expenses and simplify property management. An updated rent roll, current lease information, and additional documentations are available in the attachments for qualified buyers' review. Book your private showing today! (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Air Conditioning: Yes
Floor Space: 7400 sqft
Heating Type: Other, Baseboard heaters
Cooling Type: Fully air conditioned

Property Features:

Property Type: Multi-family
Bedrooms: 12
Amenities Nearby: Highway, Public Transit
Floor Space (approx): 7400 Square Feet
Irregular: Yes
Lot Depth: 147.6 Feet
Lot Frontage: 82.4 Feet
Lot Size: 82.44 x 147.59 FT
Zoning: C4
No. of Parking Spaces: 14

Courtesy of: REAL BROKER ONTARIO LTD., EXP COMMERCIAL BROKERAGE, RIGHT AT HOME REALTY

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Demographic Information of 170 BRADFORD STREET, Barrie, Ontario, L4N 3B5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$86,743.11

Average Number of Children

1.38

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.71 %

High school certificate or equivalent

35.46 %

Apprenticeship trade certificate/diploma

5.88 %

College/non-university certificate

26.73 %

University certificate (below bachelor)

1.14 %

University Degree

15.08 %

Commuter

Travel To Work

By Car

74.09 %

By Public Transit

8.56 %

By Walking

6.37 %

By Bicycle

0.0 %

By Other Methods

10.98 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

72.43 %

Houses

27.57 %

170 BRADFORD STREET, Barrie, Ontario, L4N 3B5