UNBEATABLE INVESTMENT OPPORTUNITY IN BARRIE'S LAKESHORE DISTRICT - RARE LEGAL MULTIPLEX WITH RELIABLE CASH FLOW & STRONG FUTURE GROWTH POTENTIAL! Outstanding opportunity to acquire a legal income-generating multiplex in one of Barrie's most coveted Lakeshore locations, just steps from Kempenfelt Bay and Centennial Beach. Within walking distance of restaurants, shopping, parks, and Barrie's vibrant downtown core filled with entertainment, community events, and waterfront activities, this property truly delivers on lifestyle and convenience. The location also offers excellent connectivity with quick access to the Allandale Waterfront GO Station, local transit routes, and Highway 400. The main front unit features a charming covered porch, a generous yard, a bright, open eat-in kitchen and living room, three upper-level bedrooms, and a full bath. Comfort is assured with forced-air heating and central air conditioning. Behind it, the rear fourplex offers four well-designed units, each with an eat-in kitchen, open living space, two bedrooms, and a full bath, all heated with electric baseboards. With an extended driveway providing ample parking, separate entrances and utility metres, individual storage for every unit, and all kitchen appliances included, this versatile property generates reliable income with plenty of potential for upgrades and future growth. Properties of this scale and in such a prime location are rarely available - secure this exceptional investment today and reap the rewards for years to come!
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Approx. Age:
100+
Total Approx Floor Area:
3500-5000
Lot Size:
<.50
Lot Depth:
165'50.3 m
Lot Frontage:
66'20.1 m
Lot Shape:
Rectangular
Topography:
Flat
Direction Faces:
East
Bedrooms:
11
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
5
Bedrooms Above Grade:
11
Kitchens Above Grade:
5
Rooms Above Grade:
21
Zoning:
RM2
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Stone, Concrete Block
Roof:
Asphalt Shingle
Basement:
Full, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Fence - Partial
Parking Features:
Private
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
Flexible
Lot Irregularities:
65.78 X 163.32 X 66.01 ft
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Assessment:
$689,000
Assessment Year:
2025
Taxes:
$9,726.99 /
2025
Assessment:
$689,000.00 /
2025
Simcoe
Barrie
Sanford
Lake/Pond, Park, Public Transit, School, Arts Centre, Beach
Separate Hydro Meter, Sump Pump, Water Heater Owned
Year Round Living
Carbon Monoxide Detectors
Hot Water Tank.
Carbon Monoxide Detectors, Fridge x5, Stove x5, Owned Hot Water Heaters x5, Coin Operated Washer & Dryer.
Washer & Dryer In The Main House, Tenant's Belongings.
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