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Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Queen'S Park
MLS Listing ID S11893949
Sold Date 04/01/25
Style 2-Storey
Bedrooms 4
Building Age 100+
Annual Tax Amount $5,291
Tax Year 2024
Property Sub-Type Triplex
Property Description
CALLING ALL INVESTORS & SAVVY BUYERS TRIPLEX IN PRIME BARRIE LOCATION WITH EXCEPTIONAL INCOME POTENTIAL! Discover this incredible legal non-conforming triplex, ideally situated on a generous 66 x 165 ft lot in the heart of Barrie. This multi-unit gem is zoned RM2 (SP-189), allowing for three or more dwelling units and even potential office use under specific conditions. With ample parking space accommodating ten cars in the driveway and additional room for 10+ vehicles, this property is ready to meet the demands of tenants and owners alike. Inside, you'll find two well-appointed 2-bedroom units and a bachelor unit, each equipped with a bathroom. Unit 1 boasts the convenience of in-suite laundry, while Units 2 and 3 offer shared laundry facilities in a common area. The upgraded main level and newer 200-amp electrical service, paired with updated shingles, provide added peace of mind and functional upgrades. Two of the three units are already tenanted, ensuring immediate income potential and a seamless transition for new owners. Ideally located close to downtown Barrie, this property offers easy access to restaurants, shops, parks, and the beautiful Lake Simcoe waterfront, with Highway 400 and public transit just minutes away. Don't miss your chance to own this centrally located triplex, perfectly designed for those seeking an established, multi-unit property with long-term potential!
Location
Province ON
County Simcoe
Community Queen'S Park
Area Simcoe
Zoning RM2 (SP-189)
Rooms
Family Room No
Basement Crawl Space, Partial Basement
Kitchen 3
Interior
Interior Features Other
Cooling None
Exterior
Parking Features RV/Truck, Other
Pool None
View City
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 165.0
Total Parking Spaces 20
Building
Foundation Poured Concrete
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