Property Information:

Excellent Investment Opportunity! Rare legal triplex offering three fully self-contained 2-bedroom units, each with separate entrances, delivering strong income potential and long-term rental appeal. All three units are currently fully leased, providing excellent rental income and immediate cash flow for investors.Well-maintained with numerous updates, including a newer stove in the main unit, self-contained laundry in the main unit, new self-contained laundry with new washer and gas dryer in the lower unit, and a new kitchen countertop and sink in the upper unit. Additional important upgrades include gas furnace, central air (2020), most windows replaced, and updated plumbing, plus separate supply improvements to each unit.The property features ample parking and a practical layout well suited to long-term tenancy. Ideally located in a convenient Barrie neighbourhood close to downtown amenities, transit, shopping, schools, parks, Highway, Dunlop exit 1.5 km and Lake Simcoe waterfront.Note: Interior photos were taken prior to current tenancies, when the units were vacant. All three units are tenanted. Minimum 48 hours' notice required for all showings. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Basement Type: N/A, N/A
Exterior Finish: Aluminum siding
Floor Space: 1500 - 2000 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 4+2
Bathrooms: 3
Features:
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 90 Feet
Lot Frontage: 63.5 Feet
Lot Size: 63.5 x 90 FT
Structure Type: Deck, Shed
Utility Type: Cable - Installed, Sewer - Installed, Hydro - Installed
Zoning: RM1
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 6

Courtesy of: SUTTON GROUP INCENTIVE REALTY INC.

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Demographic Information of 39 DONALD STREET, Barrie, Ontario, L4N 1E4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$95,798.15

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.71 %

High school certificate or equivalent

34.04 %

Apprenticeship trade certificate/diploma

8.05 %

College/non-university certificate

26.21 %

University certificate (below bachelor)

1.65 %

University Degree

12.34 %

Commuter

Travel To Work

By Car

83.61 %

By Public Transit

5.33 %

By Walking

9.52 %

By Bicycle

0.0 %

By Other Methods

1.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.75 %

Houses

40.25 %

39 DONALD STREET, Barrie, Ontario, L4N 1E4