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).
LT 38 W/S BRADFORD ST PL 25 BARRIE; PT LT 39 E/S CHARLES ST PL 25 BARRIE AS IN RO929871; BARRIE
Possession Date
Flexible
Taxes (2023)
$6,353
Directions/Cross Streets
Brock Street
Neighbourhood
Allandale Centre
Area
Simcoe
Price History
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Detailed Information
Fronting On
W
Special Designations
Unknown
Bedrooms
6
Bathrooms
4
Rooms
15
Kitchens
4
Lot
66.63 x 215 ft
Exterior
Brick
Air Conditioning
Wall Unit
Family Room
Y
Fireplace/Stove
Y
Pool
None
Basement
None, Unfinished
Drive
Available
Garage Spaces
0.0
Garage Type
None
Parking Spaces
8
Total Parking Spaces
8.0
Heat Source
Gas
Heat Type
Forced Air
Sewers
Sewers
Water
Municipal
Seller Property Info Statement
N
Bathrooms
Pieces
Level
4
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