Purpose built triplex on huge lot in popular east end Barries Vancouver Street. 1, 2 and 3 bedroom apartments. 52 ft x 330 ft deep lot with 180 feet of that being 56 feet wide, an opportunity for individual private green spaces for each unit and ample parking inside of that. It was two separate lots having widths of 52 and 56 feet. Separate Hydro meters and water heaters, Tenant pays for own electricity and hot water. Common laundry, gas heat. 3060 sq ft building on three levels, all brick and three sheds. Good for investors or first time buyers too as you can live in one of the apartments in a nice neighbourhood and rent the other two to help you with your mortgage. Great neighbourhood, near Lake Simcoes Kempenfelt Bay, amongst nice neighbouring homes where your friends are or where you may have grown up. Significant upside in income if managed efficiently, rents below market.
Extras
Buy in your own name so you can move in, and ask tenants to leave, if you want to live there. If its bought in a company we found you cant do that.
PT LT 54 & PT LT 55 PL 1155 AS IN RO938071 (FIRSTLY) ; BARRIE and PT PARK LT 6 S/S STEEL ST PL 112 BARRIE AS IN RO938071 (SECONDLY); BARRIE
Occupancy
Tenant
Possession Date
to be arranged
Taxes (2024)
$6,266.31
Tax Type
Annual
Assessment (2024)
$463,000
Directions/Cross Streets
Steel St / Vancouver St
Neighbourhood
Codrington
Area
Simcoe
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
52 x 329.64 ft
Total Area
2,863 ft2
Air Conditioning
N
Basement
Y
Garage Type
None
Heat Type
Gas Hot Water
Area Influences
Major Highway
Utilities
Y
Water
Municipal
Lot/Bldg/Unit Code
Lot
Zoning
R2
Seller Property Info Statement
N
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