$1,100,000

Investment For Sale In Barrie, Ontario

$1,100,000

Property Information:

Discover a special opportunity to own a well-maintained triplex in Barrie's sought-after East End, nestled in a quiet, tree-lined neighbourhood surrounded by single-family homes on generous lots. Whether you're looking to live in one apartment and rent the others, or you're an investor expanding your portfolio, this property checks every box. Enjoy the flexibility to move in and start earning income right away, from two additional units - or rent out all three and build long-term wealth in one of Barrie's most desirable areas. Two-2 bedroom apartments and one-1 bedroom. One of the two-bedroom units is currently vacant giving you the freedom to select your own tenants and set market rents for this unit from day one. The second two-bedroom unit has been recently rented at market rent. Units are separately metered for hydro. The location is unbeatable, close to Royal Victoria Hospital, Johnsons Beach, Codrington School, East Bayfield Recreation Centre, The Barrie Country Club, beautiful parks, and Downtown Barrie. Its the kind of area that attracts stable tenants and makes residents proud to call home. ** Added Opportunity - explore the potential to add a fourth unit to the property through the addition of an Accessory Dwelling Unit on this generous 55' x 165' lot! ** Opportunities like this don't come along often and when they do, they stay in the portfolio for years. Dont wait to book your viewing, this one wont last long! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Air Conditioning: Yes
  • Amenities: Separate Hydro Meters, Separate Heating Controls
  • Basement Type: Full
  • Exterior Finish: Brick, Vinyl siding
  • Fire Protection: Smoke Detectors
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4+1
  • Bathrooms: 3
  • Amenities Nearby: Golf Nearby, Hospital, Public Transit
  • Community Features: Community Centre
  • Features: Flat site
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 165 Feet
  • Lot Frontage: 55 Feet
  • Lot Size: 55 x 165 FT
  • Surface Water:
  • Utility Type: Sewer - Installed, Cable - Installed, Hydro - Installed
  • Zoning: R2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage, Shared
  • No. of Parking Spaces: 5

Rooms:

  • Living 2nd Level 3.63 m x 3.99 m
  • Kitchen 2nd Level 3.63 m x 4.78 m
  • Bedroom 2nd Level 3.58 m x 3.33 m
  • 2nd Bedroom 2nd Level 3.58 m x 4.85 m
  • Bedroom Lower Level 3.58 m x 3.33 m
  • Laundry Lower Level 3.58 m x 4.85 m
  • Living Lower Level 3.63 m x 3.99 m
  • Kitchen Lower Level 3.63 m x 4.78 m
  • Living Main Level 3.63 m x 3.99 m
  • Kitchen Main Level 3.63 m x 4.78 m
  • Bedroom Main Level 3.58 m x 3.33 m
  • 2nd Bedroom Main Level 3.58 m x 4.85 m

Courtesy of: Royal LePage First Contact Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • Vacant Apartment - 2nd Level - 2 Bedroom -
  • Apartment Entry - Marble Tile Floors -
  • 4 piece Bathroom -
  • Eat-in Kitchen -
  • View from Kitchen to Living Room -
  • Living Room - View to Front of Building -
  • View from Living Room to Kitchen -
  • View from Foyer to 2 Bedrooms -
  • Bedroom 1 -
  • Bedroom 2 -
  • 4 Piece Bath -
  • Shared Coinomatic Laundry, Separate Hydro -
  • Potential for ARU in Rear Yard -
  • Ample Parking Behind Building -
  • Residential Neighbourhood with schools and parks. -
  • View of Rear Yard and Kempenfelt Bay. -