$989,000

Investment For Sale In Barrie, Ontario

$989,000

Property Information:

Purpose built triplex on huge lot in popular east end Barrie’s 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, Tennant 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 neighborhood and rent the other two to help you with your mortgage. Great neighborhood, near Lake Simcoe‘s Kempenfelt Bay, amongst nice neighboring homes where your friends are or where you may have grown up. Significant upside in income if manage efficiency, rents below market.

Inclusions: Carbon Monoxide Detector,3 Fridges, 3 Stoves, Large Shed In Back, Medium Shed, And Small Shed, (Tenant Occupied), Washer, Dryer, Mirror In Hall, Floor Mat Front Door, Mailbox (Assigned To Each Unit).

Exclusions : Tenant Belongings, 3rd Floor A/C Unit, Ladders Inside Of Building, Plants & Pots, Hose, Closet Cupboards In Hall On First Floor.

Building Features:

  • Floor Space: 2040 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Full, Finished
  • Built in: 1958
  • Cooling: None
  • Driveway Parking: Private Drive Triple+ Wide
  • Exterior Features: Year Round Living
  • Floor Space (approx): 2040 Square Feet
  • Heating: Natural Gas, Radiant, Other
  • Interior Features: Accessory Apartment, Separate Hydro Meters
  • Laundry Features: Common Area, Shared
  • Lot Depth: 329.64 Feet
  • Lot Features: Irregular Lot, Ample Parking, City Lot, Near Golf Course, Highway Access, Hospital, Park, Place of Worship, Playground Nearby, Quiet Area, Schools
  • Lot Frontage: 52.00 Feet
  • Other Structures: Shed(s)
  • Parking Features: Asphalt
  • Road Frontage Type: Municipal Road
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector
  • Water Source: Municipal
  • Water Treatment:
  • Waterfront Features: Lake/Pond
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 10

Courtesy of: Royal LePage First Contact Realty

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
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