For sale · Queen's Park, Barrie
13 HENRY Street, Barrie
$625,000
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- Property type
- Multi-family
- Bedrooms
- 3
- Bathrooms
- 3
- Parking
- 6
- Approx. size
- 1500–2000 sq ft
- Postal code
- L4N1C5
- MLS® number
- S13657858
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Narrated summary of this listing
About this property
Located in downtown Barrie, this LEGAL TRIPLEX offers a strong investment opportunity with immediate income and future growth potential. The property is easy to rent, generates positive cash flow, and presents excellent potential for additional units and increased revenue.One unit is currently vacant, providing flexibility for an investor to set market rent or for owner-occupancy. All existing tenants are on month-to-month leases, offering added flexibility.Unit Breakdown: Unit 1: 1-bedroom (till May 31st 2027) -1$,495/month; Unit 2: 2-bedroom - $1,681/month; Unit 3: Studio - $1,943/month( All units are all-inclusive). 2025 Annual Expenses:Water: $1,404.89; Hydro: $2,675.84; Gas: $2,873.60. An added bonus is the generous lot size, offering significant development potential. Take advantage of Bill 23, More Homes Built Faster Act, 2022, which may allow for additional residential units, maximizing long-term value and income. (id:66289)
Schools & boundaries
Property details
- Neighbourhood
- Queen's Park
- Storeys
- 1.5
- Basement
- Unfinished
- Heating
- Forced air, Natural gas
- Fireplace
- Yes
- Foundation
- Block
- Lot size
- 66 x 165 FT
- Frontage
- 66 feet
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Zoning
- RM1
- Annual taxes
- $5,139
- Parking type
- No Garage
- Cross streets
- Cross Streets: Eccles St N. ** Directions: Dunlop St to Eccles St N to Henry St.
Features
Included appliances
- Refrigerator
- Stove
Interior & exterior
- Vinyl siding
Listing courtesy of RE/MAX By The Bay Brokerage. The listing data displayed on this site is provided under copyright by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®). Information is deemed reliable but is not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.