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In-PersonVirtual Tour
$ 2,999,900
Est. payment | /mo
12 Beds
7,400 SqFt
$ 2,999,900
Est. payment | /mo
12 Beds
7,400 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 7400
Square Footage 7,400 sqft
Price per Sqft $405
Subdivision City Centre
MLS® Listing ID S13537218
Bedrooms 12
Property Description
Attention All Investors!!! A rare opportunity to acquire a fully renovated, stabilized investment property in one of Barrie's rapidly evolving downtown neighbourhoods. Unlike many income properties requiring significant capital investment or rent turnover, this asset has already undergone extensive improvements and is fully leased at market rents, offering immediate, reliable cash flow. Ideally situated just a two-minute walk from the waterfront, GO Train Station, and an abundance of downtown amenities, the property is well-positioned for long-term appreciation and strong tenant demand.The mixed-use building features eight residential apartments and two commercial units. One of the commercial spaces presents an excellent opportunity for an owner-occupier to operate their business on the ground floor while maintaining a convenient on-site presence to oversee the property. Each residential unit is equipped with its own wall-mounted heat pump for efficient heating and cooling, with baseboard heating as supplemental heat. All units are separately metered, with tenants responsible for their own hydro and water, helping to minimize operating expenses and simplify property management. An updated rent roll, current lease information, and additional documentations are available in the attachments for qualified buyers' review. Book your private showing today! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other, Baseboard heaters
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 14
Garage No
Private Pool No
Others
Virtual Tour https://youtu.be/DDFk5azSC60
Listed by REAL BROKER ONTARIO LTD.
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