6 beds · 4 baths · null
Great opportunity for investors/builders. Own a fully tenanted multi-residential property in downtown Barrie, close to the waterfront and many other essential amenities, 5 minutes walk from GO station. Two buildings on the property, including main building that consists of 3 units (1 - 2 bedroom, 1 - 1 bedroom and a bachelor unit), and secondary building converted into additional residential unit with 2 bedrooms. Total rent is $4750/month. Landlord is responsible for all utilities (excluding internet) and snow clearing. New Official Plan adopted in May 2024 and new zoning to come into effect in September 2024 will allow up to 39 units to be built on this lot (buyer/buyer's agent to verify new zoning bylaws). (id:39198)
Building Type Triplex
Year built
Square Footage
Stories 2
Bedrooms 6
Bathrooms 4
Parking 8
NeighbourhoodAllandale Centre
Land size 66.63 x 215 FT
Heating type Forced air
Basement typeN/A (Unfinished)
Parking Type
Time on REALTOR.ca16 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: RIGHT AT HOME REALTY
Home price
$1,099,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$9,997 / month
Rent $8,841
Savings $1,156
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$8,811 / month
Rent $8,570
Savings $241
Initial deposit 5%
Savings target Fixed at 5%