$1,088,888Asking Price
137 Vancouver Street, Barrie, ON L4M 4M5
Codrington, Barrie
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.
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.
See MoreKey Info
- 3-Storey Triplex
- 4+ Parking
- No Garage
- Steel/Vancouver
- 2000-2500 Approximate Sq Feet
- 51-99 Years Approximate Age
- No Ensuite Laundry
- Radiant Gas Heating
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $6,805 in 2025
- Possession: Flexible
Details
- Brick Exterior
- No Fireplace
- 3 Kitchens
- MLS #S13681520
- RIGHT AT HOME REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Lower | 6.92' x 12.40' | |
| 2 | Bathroom | Lower | 8.20' x 4.92' | 4-PieceBath |
| 3 | Kitchen | Main | 7.15' x 12.34' | |
| 4 | Bathroom | Main | 8.20' x 4.92' | 4-PieceBath |
 | 1 4-Piece Bathroom on Upper | |||
| 1 4-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom | |||
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Who lives here?
Codrington, Barrie is a north GTA neighbourhood notable for its singles, renters, university grads and business and education, law & public sector professionals. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 74.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Singles
52%
of residents are
single and loving it.
52% singles
Barrie (46%)Renters
42%
of residents
are renters.
42% renters
Barrie (30%)Education
28%
of residents are
university grads.
28% university grads
Barrie (23%)Income
Average Household Income
$103K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 13% |
| Government | 11% |
| Business | 10% |
| Trades | 9% |
| Management | 6% |
Immigrants
7%
of residents were
born outside of Canada.
7% immigrants
Barrie (13%)Birthplace - All
1.8% from UK
All-time
Birthplace - Recent
0.2% from China
Recent
Foreign Languages
Foreign Languages
| French | 2% |
| Spanish | 1% |
| Italian | 1% |
| German | 1% |
Religions
Religions
| Christian | 60% |
| Muslim | 1% |
| Jewish | 1% |
