Discover a special opportunity to own a well-maintained triplex in Barrie's sought-after East End, nestled in a quiet, tree-lined neighbourhood surrounded by single-family homes on generous lots. Whether you're looking to live in one apartment and rent the others, or you're an investor expanding your portfolio, this property checks every box. Enjoy the flexibility to move in and start earning income right away, from two additional units - or rent out all three and build long-term wealth in one of Barrie's most desirable areas. Two-2 bedroom apartments and one-1 bedroom. One of the two-bedroom units is currently vacant giving you the freedom to select your own tenants and set market rents for this unit from day one. The second two-bedroom unit has been recently rented at market rent. Units are separately metered for hydro. The location is unbeatable, close to Royal Victoria Hospital, Johnsons Beach, Codrington School, East Bayfield Recreation Centre, The Barrie Country Club, beautiful parks, and Downtown Barrie. Its the kind of area that attracts stable tenants and makes residents proud to call home. ** Added Opportunity - explore the potential to add a fourth unit to the property through the addition of an Accessory Dwelling Unit on this generous 55' x 165' lot! ** Opportunities like this don't come along often and when they do, they stay in the portfolio for years. Dont wait to book your viewing, this one wont last long!
Under Contract:
Hot Water Tank-Gas
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
2-Storey
Approx. Age:
51-99
Total Approx Floor Area:
2000-2500
Lot Depth:
165'50.3 m
Lot Frontage:
55'16.8 m
Topography:
Flat
Direction Faces:
North
Bedrooms:
4+1
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Kitchens Above Grade:
2
Rooms Above Grade:
8
Rooms Below Grade:
3
Fractional Ownership:
No
Zoning:
R2
Assignment:
No
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Membrane
Basement:
Apartment, Full
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private, Unreserved
Parking Spaces:
5
Total Parking Spaces:
5.0
Family Room:
No
Possession Details:
Negotiable
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment:
$430,000
Assessment Year:
2025
Taxes:
$6,071 /
2025
Assessment:
$430,000.00 /
2025
Simcoe
Barrie
Codrington
Beach, Golf, Hospital, Lake/Pond, Public Transit, Rec./Commun.Centre
Separate Hydro Meter, Separate Heating Controls, Water Heater
Carbon Monoxide Detectors, Smoke Detector
Hot Water Tanks x 2 - Coinomatic Washer & Dryer (month-to-month)
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