REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,088,888
Est. payment /mo
Active
137 VANCOUVER STREET Barrie (codrington), ON L4M4M5
6 Beds
3 Baths
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000 - 2500
Square Footage 2,000 sqft
Price per Sqft $544
Subdivision Codrington
MLS® Listing ID S13681520
Bedrooms 6
Property Description
3 Level Triplex on an Exceptional 330-Foot Deep Lot in Barrie's Popular East End! A rare opportunity to acquire a purpose-built triplex on an exceptionally large lot in Barrie's desirable east end. Located on Vancouver Street, this well-positioned investment property offers three self-contained apartments consisting of one-, two- and three-bedroom units, providing a strong foundation for both investors and owner-occupiers.The property sits on an impressive 52' x 330' lot, with approximately 180 feet of the property extending to a wider 56-foot frontage, creating valuable potential for generous private green spaces for each unit while still providing ample on-site parking. The property was originally comprised of two separate lots providing ample space for a possible garden suite or 2nd building.The approximately 3,060 sq. ft. all-brick building spans three levels and includes three storage sheds, common laundry, gas heating, separate hydro meters and individual hot water tanks. Tenants pay their own electricity and hot water, helping simplify operating costs for the owner.Significant rental upside exists, with current rents below market and an opportunity to increase income through effective management and future rent adjustments.An excellent opportunity for an investor seeking a solid multi-residential asset with income-growth potential-or for a first-time buyer looking to live in one unit while rental income from the other two apartments helps offset mortgage costs.Enjoy a well-established residential neighbourhood surrounded by attractive homes and close to Lake Simcoe's Kempenfelt Bay, parks, amenities and everything Barrie's east end has to offer. A unique combination of income potential, an exceptional lot and a desirable residential setting. (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Third level 3.3 m X 2.87 m Bedroom
Extra Room 2 Third level 3.3 m X 3.91 m Bedroom
Extra Room 3 Third level 3.4 m X 5.31 m Living room
Extra Room 4 Third level 3.81 m X 2.21 m Kitchen
Extra Room 5 Third level 2.5 m X 1.5 m Bathroom
Extra Room 6 Third level 3.3 m X 2.06 m Bedroom
Interior
Heating Radiant heat
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 10
Garage No
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Listed by RIGHT AT HOME REALTY
GET MORE INFORMATION
QUICK SEARCH