$829,000

Investment For Sale In Barrie, Ontario

$829,000

Property Information:

CALLING ALL INVESTORS & SAVVY BUYERS TRIPLEX IN PRIME BARRIE LOCATION WITH EXCEPTIONAL INCOME POTENTIAL! Discover this incredible legal non-conforming triplex, ideally situated on a generous 66 x 165 ft lot in the heart of Barrie. This multi-unit gem is zoned RM2 (SP-189), allowing for three or more dwelling units and even potential office use under specific conditions. With ample parking space accommodating ten cars in the driveway and additional room for 10+ vehicles, this property is ready to meet the demands of tenants and owners alike. Inside, you'll find two well-appointed 2-bedroom units and a bachelor unit, each equipped with a bathroom. Unit 1 boasts the convenience of in-suite laundry, while Units 2 and 3 offer shared laundry facilities in a common area. The upgraded main level and newer 200-amp electrical service, paired with updated shingles, provide added peace of mind and functional upgrades. Two of the three units are already tenanted, ensuring immediate income potential and a seamless transition for new owners. Ideally located close to downtown Barrie, this property offers easy access to restaurants, shops, parks, and the beautiful Lake Simcoe waterfront, with Highway 400 and public transit just minutes away. Don't miss your chance to own this centrally located triplex, perfectly designed for those seeking an established, multi-unit property with long-term potential! (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Type: Partial
  • Exterior Finish: Stucco
  • Floor Space: 1499.9875 - 1999.983 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Other
  • Appliances: Dishwasher, Dryer, Microwave, Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 3
  • Amenities Nearby: Park, Public Transit, Schools
  • Floor Space (approx): 1499.9875 - 1999.983 Square Feet
  • Irregular: Yes
  • Lot Depth: 165.0 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 165 FT
  • Structure Type: Shed
  • Surface Water:
  • View Type: City view
  • Zoning: RM2 (SP-189)
  • Sewer: Sanitary sewer
  • Parking Type: RV
  • No. of Parking Spaces: 20

Rooms:

  • Bedroom 2nd Level 3.20 m x 3.51 m
  • Bedroom 2nd Level 2.59 m x 2.72 m
  • Kitchen 2nd Level 2.57 m x 3.53 m
  • Living 2nd Level 5.08 m x 2.72 m
  • Sun Room 2nd Level 2.57 m x 2.18 m
  • Kitchen Main Level 1.85 m x 3.68 m
  • Living Main Level 2.77 m x 3.68 m
  • Kitchen Main Level 2.87 m x 4.24 m
  • Living Main Level 3.20 m x 6.43 m
  • Bedroom Main Level 2.62 m x 3.12 m
  • Bedroom Main Level 2.62 m x 3.20 m
  • Laundry Main Level 1.60 m x 3.35 m

Courtesy of: RE/MAX HALLMARK PEGGY HILL GROUP REALTY

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

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