$760,000Asking Price
Excellent Investment Opportunity! Rare legal triplex offering three fully self-contained 2-bedroom units, each with separate entrances, delivering strong income potential and long-term rental appeal. All three units are currently fully leased, providing excellent rental income and immediate cash flow for investors.Well-maintained with numerous updates, including a newer stove in the main unit, self-contained laundry in the main unit, new self-contained laundry with new washer and gas dryer in the lower unit, and a new kitchen countertop and sink in the upper unit. Additional important upgrades include gas furnace, central air (2020), most windows replaced, and updated plumbing, plus separate supply improvements to each unit.The property features ample parking and a practical layout well suited to long-term tenancy. Ideally located in a convenient Barrie neighbourhood close to downtown amenities, transit, shopping, schools, parks, and Lake Simcoe waterfront.Note: Interior photos were taken prior to current tenancies, when the units were vacant. All three units are tenanted. Minimum 48 hours' notice required for all showings.
Excellent Investment Opportunity! Rare legal triplex offering three fully self-contained 2-bedroom units, each with separate entrances, delivering strong income potential and long-term rental appeal. All three units are currently fully leased, providing excellent rental income and immediate cash flow for investors.Well-maintained with numerous updates, including a newer stove in the main unit, self-contained laundry in the main unit, new self-contained laundry with new washer and gas dryer in the lower unit, and a new kitchen countertop and sink in the upper unit. Additional important upgrades include gas furnace, central air (2020), most windows replaced, and updated plumbing, plus separate supply improvements to each unit.The property features ample parking and a practical layout well suited to long-term tenancy. Ideally located in a convenient Barrie neighbourhood close to downtown amenities, transit, shopping, schools, parks, and Lake Simcoe waterfront.Note: Interior photos were taken prior to current tenancies, when the units were vacant. All three units are tenanted. Minimum 48 hours' notice required for all showings.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 4-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
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Queen's Park, Barrie is a north GTA neighbourhood notable for its singles, renters, salespeople, tradespeople and manufacturing workers. It has a higher than average population of immigrants. Residents tend to be older with a significant number of adults aged 25 to 39, 25 to 39 and 25 to 39 and seniors aged 65 to 74.
Kids Per Family
0.8
kids per family
in the neighbourhood.
59%
of residents are
single and loving it.
59% singles
Barrie (46%)
60%
of residents
are renters.
60% renters
Barrie (30%)
16%
of residents are
university grads.
16% university grads
Barrie (23%)Average Household Income
$72K
is the average household
income in the neighbourhood.
Professions
| Sales | 19% |
| Trades | 11% |
| Business | 7% |
| Manufacturing | 6% |
| Government | 6% |
14%
of residents were
born outside of Canada.
14% immigrants
Barrie (13%)2.2% from UK
All-time
0.6% from Syria
Recent
Foreign Languages
| French | 2% |
| German | 1% |
| Spanish | 1% |
Religions
| Christian | 56% |