3 East Street, Barrie, ON L4M 2N3

$1,100,100
5
BD
3
BA
1,500
SqFt

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List Price
$1,100,100
MLS#
S13586364
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
3-Storey
Bedrooms
5
Bathrooms
3
Living Area
1500-2000
Province
ON
Municipality
Barrie
Area
Simcoe
Neighborhood
Wellington
Subdivision
Owen St And East St

Property Description

Solid brick triplex in a desirable, quiet Barrie neighbourhood, offering an excellent opportunity for investors looking to expand their portfolio and unlock future value. This well-maintained property features two 2-bedroom units and one 1-bedroom unit, all currently tenanted. The standout feature is the exceptionally large lot, offering exciting potential for an even larger future redevelopment or the possibility of adding an even larger 4 STOREY additional income-producing rental building on the property (subject to municipal approvals and due diligence). Additional features include paved parking for numerous vehicles, coin-operated laundry, all appliances: refrigerators and stoves, and efficient heating. Conveniently located close to Bayfield Street, downtown Barrie, shopping, transit, amenities and major commuter routes. Please allow a minimum of 48 hours notice for all showings. Do not approach or disturb tenants directly.

Additional Information

Taxes
$5,082
Heat Type
Radiant
Heat Source
Other
Air Conditioning
Window Unit(s)
Family Room
Yes
Kitchens
3
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
6
Parking Type
Private Triple

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX REALTRON REALTY INC..