Purpose built triplex on huge lot in popular east end Barries Vancouver Street. 1, 2 and 3 bedroom apartments. 52 ft x 330 ft deep lot with 180 feet of that being 56 feet wide, an opportunity for individual private green spaces for each unit and ample parking inside of that. It was two separate lots having widths of 52 and 56 feet. Separate Hydro meters and water heaters, Tenant pays for own electricity and hot water. Common laundry, gas heat. 3060 sq ft building on three levels, all brick and three sheds. Good for investors or first time buyers too as you can live in one of the apartments in a nice neighbourhood and rent the other two to help you with your mortgage. Great neighbourhood, near Lake Simcoes Kempenfelt Bay, amongst nice neighbouring homes where your friends are or where you may have grown up. Significant upside in income if managed efficiently, rents below market. |
Extras: Buy in your own name so you can move in, and ask tenants to leave, if you want to live there. If its bought in a company we found you cant do that. |
Price | $989,000 |
Taxes: | $6266.31 |
Tax Type: | Annual |
Assessment: | $463000 |
Assessment Year: | 2024 |
Occupancy by: | Tenant |
Address: | 137 Vancouver St , Barrie, L4M 4M5, Ontario |
Postal Code: | L4M 4M5 |
Province/State: | Ontario |
Legal Description: | PT LT 54 & PT LT 55 PL 1155 AS IN RO9380 |
Lot Size: | 52.00 x 329.64 (Feet) |
Directions/Cross Streets: | Steel St / Vancouver St |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 2863.00 |
Total Area Code: | Sq Ft |
Area Influences: | Major Highway |
Heat Type: | Gas Hot Water |
Central Air Conditioning: | N |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE FIRST CONTACT REALTY |
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Type: | Com - Investment |
Area: | Simcoe |
Municipality: | Barrie |
Neighbourhood: | Codrington |
Lot Size: | 52.00 x 329.64(Feet) |
Tax: | $6,266.31 |