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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Sanford
MLS Listing ID S12755048
Annual Tax Amount $22,828
Tax Year 2025
Property Sub-Type Investment
Property Description
Opportunity Awaits at 94 Sanford Street, Barrie. Expand your portfolio with this turnkey, 12-unit residential building located in the heart of one of Ontario's fastest-growing rental markets with as little as 10% Down! Priced at a 5.25% CAP and featuring 12 spacious 2-bedroom units, with modern updates and private balconies. En-suite laundry and 12+ dedicated parking spaces. Prime central Barrie-minutes from the Waterfront, Allandale GO Station, and Hwy 400. Positioned in a high-demand area with historically low vacancy rates. 40% of units with significant upside on turnover. Potential to Qualify for CMHC MLI Select. This is a rare chance to acquire a clean, high-yielding asset in a "Primary Growth Centre." Whether you are looking for stable cash flow or long-term appreciation, 94 Sanford delivers.
Location
Province ON
County Simcoe
Area Simcoe
Zoning RM2
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 103.98
Lot Depth 167.38
Others
ParcelsYN No
Listed by PROPERTY.CA INC.
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