$1,799,900 FOR SALE

Investment

Lot: 62 x 166.29 ftTotal Area: 6,449 ft2
2023 Taxes: $10,871.71

106 Peel St
Barrie, ON L4M 3L4 | Wellington | Simcoe

Large purpose built well maintained 12 bedroom 6-plex nestled in the quiet neighbourhood of Barrie, total available 6449sqft. Approx annual gross income of $114,640.00 makes this an attractive opportunity for any investor. 3 of 6 units updated. Each unit has 2 bedrooms with a designated balcony area off the living area on top 4 units. Shared common coin commercial laundry room on the main floor (2021). Expanded parking (2020) spaces for 9 vehicles. Close to parks, schools, public transportation, bus and school routes yet within close proximity to downtown, pubs and waterfront for urban charm, scenic beauty. Good tenants all paid up to date. 3 units under market value. Financials available on request. Easy access to all amenities and Hwy 400.

Extras
Windows approx 2009. Roof & Stucco approx 2015. Boiler 2021. Water softener 2021. All units Separately hydro metered. Landlord includes Gas radiant heat & water. 2x staircase in common area. All inspections up to date.

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Listed By RE/MAX HALLMARK CHAY REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S8234460
Last Updated May 03, 2024
Property Summary
Property Type Investment

More like this:
Category Apartment
Legal Description PT LT 29 W/S PEEL ST PL 139 BARRIE AS IN RO947035; BARRIE
Occupancy Tenant
Possession Date TBA
Taxes (2023) $10,871.71
Tax Type Annual
Directions/Cross Streets Bayfield St / Wellington St
Neighbourhood Wellington
Area Simcoe
Price History
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Detailed Information
Freestanding Y
Bathrooms 6
Lot 62 x 166.29 ft
Lot Irregularities 164.36 Ft X 62.16 Ft X 168.20 Ft X 62.01
Total Area 6,449 ft2
Approximate Age 51-99
Air Conditioning N
Garage Type None
Parking Spaces 9
Heat Type Radiant
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning RM2
Seller Property Info Statement N

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