64 High Street, Barrie, ON L4N 1W4

Property Description

Attention Investors & First-Time Buyers! Here's an opportunity to own a well-managed legal triplex offering positive cash flow and an excellent cap rate in the Barrie market. Featuring three fully rented units, a proven rental history, and little to no vacancy, this property is positioned to perform from day one. Excellent AAA rental profile with all tenants in good standing.Inside, spacious layouts, soaring ceilings, large windows, and timeless Victorian character create bright, inviting living spaces with strong tenant appeal. Significant improvements were completed in 2025, including upgraded electrical service to the property along with the replacement of both the furnace and central air conditioning. In addition, the main sewer line from the property to the municipal connection was replaced after the original line had collapsed-another substantial infrastructure upgrade already taken care of.Ideally situated in one of Barrie's desirable lakeside pockets, the property offers an attractive combination of income, location, and long-term investment potential. For investors, the fully tenanted setup provides reliable income today with future rental growth potential. For first-time buyers, rental income can help offset mortgage costs while building equity in a sought-after location.Whether expanding your portfolio or looking for a smart entry into homeownership, this versatile triplex delivers cash flow, character, major recent improvements, and strong investment fundamentals. A rare opportunity in a prime Barrie location!