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$829,000
Est. payment /mo
4 Beds
3 Baths
1,852 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,852 sqft
Price per Sqft $447
Subdivision Ba06 - Lakeshore
MLS® Listing ID 40685100
Bedrooms 4
Originating Board Barrie & District Association of REALTORS® Inc.
Year Built 1885
Property Description
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:24570)
Location
Province ON
Interior
Heating Other
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 20
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold