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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 1,088,888

Est. payment | -/mo

6 Beds

3 Baths

2,000 SqFt

Save

$ 1,088,888

Est. payment | -/mo

Save

6 Beds

3 Baths

2,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Square Footage 2,000 sqft

Price per Sqft $544

Subdivision Codrington

MLS® Listing ID S13681520

Bedrooms 6

Property Description

3 Level Triplex on an Exceptional 330-Foot Deep Lot in Barrie's Popular East End! A rare opportunity to acquire a purpose-built triplex on an exceptionally large lot in Barrie's desirable east end. Located on Vancouver Street, this well-positioned investment property offers three self-contained apartments consisting of one-, two- and three-bedroom units, providing a strong foundation for both investors and owner-occupiers.The property sits on an impressive 52' x 330' lot, with approximately 180 feet of the property extending to a wider 56-foot frontage, creating valuable potential for generous private green spaces for each unit while still providing ample on-site parking. The property was originally comprised of two separate lots providing ample space for a possible garden suite or 2nd building.The approximately 3,060 sq. ft. all-brick building spans three levels and includes three storage sheds, common laundry, gas heating, separate hydro meters and individual hot water tanks. Tenants pay their own electricity and hot water, helping simplify operating costs for the owner.Significant rental upside exists, with current rents below market and an opportunity to increase income through effective management and future rent adjustments.An excellent opportunity for an investor seeking a solid multi-residential asset with income-growth potential-or for a first-time buyer looking to live in one unit while rental income from the other two apartments helps offset mortgage costs.Enjoy a well-established residential neighbourhood surrounded by attractive homes and close to Lake Simcoe's Kempenfelt Bay, parks, amenities and everything Barrie's east end has to offer. A unique combination of income potential, an exceptional lot and a desirable residential setting. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Third level 3.3 m X 2.87 m Bedroom

Extra Room 2 Third level 3.3 m X 3.91 m Bedroom

Extra Room 3 Third level 3.4 m X 5.31 m Living room

Extra Room 4 Third level 3.81 m X 2.21 m Kitchen

Extra Room 5 Third level 2.5 m X 1.5 m Bathroom

Extra Room 6 Third level 3.3 m X 2.06 m Bedroom

Interior

Heating Radiant heat

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 10

Garage No

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Listed by RIGHT AT HOME REALTY

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

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137 VANCOUVER STREET Barrie (codrington), ON L4M4M5