194 Dunlop Street E, Barrie, ON L4M 1B4

$2,189,900
10
BD
10
BA
3,500
SqFt

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List Price
$2,189,900
MLS#
S12253457
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2-Storey
Bedrooms
10
Bathrooms
10
Living Area
3500-5000
Province
ON
Municipality
Barrie
Area
Simcoe
Neighborhood
Lakeshore
Subdivision
Dunlop St E / Berczy St

Property Description

Positioned directly across from the waterfront of Kempenfelt Bay and surrounded by high-density condo development, this quarter-acre multi-residential opportunity offers exceptional long-term upside in one of Barrie's most desirable growth corridors. The property comprises two income-producing buildings 1)an eight-plex, & 2)a detached rental home.Each suite is a 1-bedroom unit, providing a stable and highly rentable configuration. Most tenants are responsible for their own gas, hydro, water, and cable, ensuring streamlined operating expenses and predictable net income for the owner. With its prime location, flexible footprint, and proximity to the lakefront, transit, and urban intensification, this property just may represent a rare chance to secure a high-demand multi-residential asset with both immediate cash flow and compelling redevelopment potential.

Additional Information

Taxes
$18,042
Heat Type
Water
Heat Source
Gas
Air Conditioning
Other
Kitchens
10
Exterior
Other
Garage Type
None
Pool
None
Parking Spaces
10
Parking Type
Available

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD..