$989,000 FOR SALE

Investment

Lot: 52 x 329.64 ftTotal Area: 2,863 ft2
2024 Taxes: $6,266.31

137 Vancouver St
Barrie, ON L4M 4M5 | Codrington | Simcoe

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.

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Listed By ROYAL LEPAGE FIRST CONTACT REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S9378905
Last Updated Oct 09, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
PIN 588450082
Legal Description 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
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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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