6 Bedroom
3 Bathroom
2,000 - 2,500 ft2
None
Radiant Heat
$1,088,888
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:50976)
Property Details
|
MLS® Number
|
S13681520 |
|
Property Type
|
Multi-family |
|
Community Name
|
Codrington |
|
Amenities Near By
|
Public Transit, Hospital, Schools |
|
Equipment Type
|
Water Heater |
|
Features
|
Level Lot |
|
Parking Space Total
|
10 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
6 |
|
Bedrooms Total
|
6 |
|
Age
|
51 To 99 Years |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Water Meter, Dryer, Stove, Washer, Refrigerator |
|
Basement Features
|
Apartment In Basement |
|
Basement Type
|
N/a |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Radiant Heat |
|
Stories Total
|
3 |
|
Size Interior
|
2,000 - 2,500 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Hospital, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
330 Ft |
|
Size Frontage
|
52 Ft |
|
Size Irregular
|
52 X 330 Ft |
|
Size Total Text
|
52 X 330 Ft |
|
Zoning Description
|
R2duck |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Third Level |
Bedroom |
3.3 m |
2.87 m |
3.3 m x 2.87 m |
|
Third Level |
Bedroom |
3.3 m |
3.91 m |
3.3 m x 3.91 m |
|
Third Level |
Living Room |
3.4 m |
5.31 m |
3.4 m x 5.31 m |
|
Third Level |
Kitchen |
3.81 m |
2.21 m |
3.81 m x 2.21 m |
|
Third Level |
Bathroom |
2.5 m |
1.5 m |
2.5 m x 1.5 m |
|
Third Level |
Bedroom |
3.3 m |
2.06 m |
3.3 m x 2.06 m |
|
Lower Level |
Bedroom |
3.25 m |
3.84 m |
3.25 m x 3.84 m |
|
Lower Level |
Living Room |
5.28 m |
3.33 m |
5.28 m x 3.33 m |
|
Lower Level |
Kitchen |
2.11 m |
3.78 m |
2.11 m x 3.78 m |
|
Lower Level |
Bathroom |
2.5 m |
1.5 m |
2.5 m x 1.5 m |
|
Main Level |
Bedroom |
3.38 m |
3 m |
3.38 m x 3 m |
|
Main Level |
Bedroom |
3.35 m |
3.91 m |
3.35 m x 3.91 m |
|
Main Level |
Living Room |
3.4 m |
5.23 m |
3.4 m x 5.23 m |
|
Main Level |
Kitchen |
2.18 m |
3.76 m |
2.18 m x 3.76 m |
|
Main Level |
Bathroom |
2.5 m |
1.5 m |
2.5 m x 1.5 m |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/30162497/137-vancouver-street-barrie-codrington-codrington
