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Type: Fourplex
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Style: 2-Storey
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Lot Size: 65 x 135.04 Feet
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Age: No Data
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Taxes: $4,597 per year
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Days on Site: 1 Days
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Added: Mar 10, 2025 (1 day ago)
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Updated:
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Last Checked: 46 minutes ago
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MLS®#: S12013850
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Listed By: Re/max hallmark chay realty
Separate hydro meters for each unit: Common Area for Laundry room: Invest in Barrie: 4-Unit Income Property with Steady Cash Flow. Whether starting your real estate journey, expanding your investment portfolio, or looking for a property with rental income to help offset costs, this well-located 4-unit income property in Barrie provides the flexibility and potential you need. Located just minutes from Barrie's picturesque waterfront, this property is ideally situated near Allandale Station and offers easy access to Highway 400, parks, schools, public transit, and the Bayfield Street corridor with shopping and other essential amenities. Property Highlights: Prime Location: Centrally positioned with easy access to local amenities, public transit, and recreational spaces, this property is in high demand among tenants. Fully Rented: With all units currently leased, including two new tenants, you'll enjoy steady cash flow from day one. Income Potential: One of the upper-level 1-bedroom units was recently renovated, providing an opportunity to command higher rents and attract quality tenants. Separate Meters & Utilities Flexibility: Each unit has its own separate meter. Additional Income Opportunity: On-site laundry facilities could be converted into coin-operated machines, providing an extra source of revenue to help offset operating costs. Renovation Potential: Several units could benefit from updates, allowing for increased rental rates and enhanced property value. Accessibility: The property offers excellent access to Highway 400 and is within walking distance of public transit and a wide range of amenities. A solid, fully-rented investment opportunity with room for growth in Barrie's rental market.
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Property
Status: Sale
Property Type: Fourplex
Style: 2-Storey
Area: Barrie
Community: 400 North
Availability Date: Flexible
Assessment Year: 2024
Inside
Bedrooms: 4
Bathrooms: 4
Kitchens: 4
Rooms: 17
Den/Family Room: No
Air Conditioning: Other
Fireplace: No
Laundry Level: Main
Central Vacuum: N
Washrooms: 4
Utilities
Electricity: Yes
Gas: Yes
Cable: Yes
Telephone: Yes
Building
Basement: Part Bsmt
Basement 2: Sep Entrance
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Elevator: N
Energy Certificate: N
Green Verification Status: N
Water Supply: Municipal
Physically Handicapped-Equipped: N
Special Designation: Unknown
Retirement: N
Parking
Garage Type: None
Covered Parking Spaces: 8
Total Parking Spaces: 8
Fees
Tax Year: 2024
Tax Legal Description: LT 69 PL 1329 ; BARRIE
Taxes: $4,597
Land
Cross Street: Rose St / Peel
Municipality District: Barrie
Fronting On: West
Parcel Number: 588100067
Parcel of Tied Land: N
Pool: None
Sewer: Sewers
Lot Depth: 135.04 Feet
Lot Frontage: 65 Feet
Acres: .50-1.99
Somewhat Walkable
- Some errands can be accomplished on foot.
Some Transit
- Most errands require a car.
Somewhat Bikeable
- Most errands require a car.
Monsignor Clair Separate School
Elementary: CatholicOakley Park Public School
Elementary: PublicCundles Heights Public School
Elementary: PublicÉÉC Frère-André
Elementary: CatholicMaple Grove Public School
Elementary: PublicHillcrest Public School
Elementary: PublicBarrie Campus
Secondary: PublicÉSC Nouvelle-Alliance
Secondary: CatholicSimcoe Alternative Secondary School
Secondary: PublicSt Joseph's Separate School
Secondary: CatholicBarrie North Collegiate Institute
Secondary: PublicEastview Secondary School
Secondary: Public-
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- 3 bath
- 4 bed
- 2000 sqft
22 Thackeray Crescent, Barrie, Ontario • L4N 6J6 • Letitia Heights
