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! (id:44523)
This fully upgraded commercial property is located in the heart of downtown Barrie, offering exceptional rental potential. It features a recently paved driveway and backyard, with ample parking space for over 10 vehicles. Zoned for commercial use, the property supports a variety of possibilities, including real estate offices, legal practices, and medical offices, making it a versatile investment opportunity. (id:44523)
INVESTORS!!! Looking to add to your real estate portfolio? Looking to enter into the real estate and start your portfolio? Take a look today! Great two storey home has been renovated to a four unit building, with all units currently tenanted. Coin laundry in basement for extra income, room for storage in basement (if required). UNIT 1 - 3 bedrooms, 1 bath. UNIT 2 - 3 bedrooms, 1 bath. UNIT 3 - 2 bedrooms, 1 bath. UNIT 4 - 1 Bedroom / Bachelor. Tenants would like to stay. Onsite parking. Close to All Amenities & Family Fun At Barrie's Centennial Park & Lake Simcoe Waterfront. Easy access to Shopping, Services, Library & Rec Centres and key commuter routes - public transit, GO Trains, highways north and south. Many trails and parks to enjoy all year around. Property financial report available upon request. **EXTRAS** UNIT 1 and UNIT 2 include Fridge, Stove - tenants pay hydro/heat. UNIT 3 includes Fridge, Stove, dishwasher (as is) - tenant pays hydro/heat. UNIT 4 includes Fridge, Stove - rent is inclusive. 2 Furnaces. 1 HWT (R). 4 x hydro panels. (id:44523)
Discover this exceptional purpose-built duplex in west Barrie, ideally located close to Highway 400, public transit, parks, and schools. This property features two spacious units: a four-bedroom, two-bathroom upper apartment and a three-bedroom, one-bathroom main floor apartment. Each unit benefits from exclusive use of garage space, with the garages thoughtfully divided for privacy and security. The upper apartment is large and spacious, complete with a family room and living room, very large bedrooms, and two full bathrooms. The kitchen boasts an island with space for a dishwasher and bar stools, and it opens to the family room, which walks out to a covered outdoor balcony—perfect for relaxing with some chairs, music, and a BBQ. This unit also has primary access to the expansive, partially cleared and landscaped backyard, which is fenced on either side. The upper unit is currently vacant, offering the opportunity to move in yourself or rent it out for around $2,600 per month. The main floor apartment features tall ceilings and large above-grade windows, creating a bright and airy living space. The living room is open to the kitchen, which includes a peninsula countertop, fridge, stove, and dishwasher. The bedrooms are of good size with one boasting a large walk-in closet. This unit is currently rented to great tenants who would like to remain. Both units have separate gas and electric meters, their own furnaces, and hot water heaters, with the upstairs unit also having air conditioning. Tenants pay their own electric and gas, while the landlord covers water. There is ample parking for 6+ vehicles in the long driveway. This is a fantastic investment property, offering the flexibility to live in one unit and rent out the other, or rent both units for a long-term investment. Schedule a showing today. (id:44523)
Discover this exceptional purpose-built duplex in west Barrie, ideally located close to Highway 400, public transit, parks, and schools. This property features two spacious units: a four-bedroom, two-bathroom upper apartment and a three-bedroom, one-bathroom main floor apartment. Each unit benefits from exclusive use of garage space, with the garages thoughtfully divided for privacy and security. The upper apartment is large and spacious, complete with a family room and living room, very large bedrooms, and two full bathrooms. The kitchen boasts an island with space for a dishwasher and bar stools, and it opens to the family room, which walks out to a covered outdoor balcony, perfect for relaxing with some chairs, music, and a BBQ. This unit also has primary access to the expansive, partially cleared and landscaped backyard, which is fenced on either side. The upper unit is currently vacant, offering the opportunity to move in yourself or rent it out for around $2,600 per month. The main floor apartment features tall ceilings and large above-grade windows, creating a bright and airy living space. The living room is open to the kitchen, which includes a peninsula countertop, fridge, stove, and dishwasher. The bedrooms are of good size with one boasting a large walk-in closet. This unit is currently rented to great tenants who would like to remain. Both units have separate gas and electric meters, their own furnaces, and hot water heaters, with the upstairs unit also having air conditioning. Tenants pay their own electric and gas, while the landlord covers water. There is ample parking for 6+ vehicles in the long driveway. This is a fantastic investment property, offering the flexibility to live in one unit and rent out the other, or rent both units for a long-term investment. Schedule a showing today. (id:44523)
Investment Opportunity - Fully tenanted 9 Plex in north ward of Orillia! Newly constructed 9-plex in 2016, converted from a motel, presenting a 6% cap rate. All 9 units have up to current market rents. All units have been upgraded to meet current market demands, ensuring maximum rental potential. With 8 one-bedroom units and 1 three-bedroom unit, this property caters to a diverse tenant base, allowing for steady occupancy and reliable income streams. There has been zero vacancy since 2016. The public coin laundry facility enhances the income potential of this investment, there's room and hook-ups to accommodate additional machines. Each tenant has a dedicated parking space. Additionally there are four visitor parking spaces. Each unit also has private yards. For detailed financial information don't hesitate to inquire within. Seller will entertain a VTB (id:44523)
ATTENTION INVESTORS - FOUR HOMES ON ONE PROPERTY!!! Beautiful & well kept Victorian home converted to two units plus three 1350 sq ft townhomes, two w/walkout basement apartments. Total of SEVEN rental units, fully occupied with $150,000+ annual rental income. All units come with separate laundry. Massive 109' x 165' lot with RM2 zoning, potential for development/expansion. Many recent upgrades & renos in 2024. RARE one of a kind opportunity!!! Financial details available upon request. VTB available. (id:44523)
Are you looking for a way to beat the market? Interest rates are continually dropping. Unlike the majority of other properties on the market, this one actually cash flows. This is a phenomenal opportunity to own a piece of real estate with not 1,not 2, but 6 sources of income! This property features 6 residential apartment units, a generously sized lot and healthy income with room for improvement. Net income is $5,531.93 per month. Mortgage estimated at $4,253.80. That is $1,278.13 positive cash flow every month. These calculations are based on a 3.99% interest rate and a 20% down payment. As rates drop the cash flow will increase. The units are currently renting at an average of $1,130 per month, well below market value. With the opportunity to renovate as tenants vacate these units are estimated to lease out at an average of $1,650 per month. That would increase cash flow by an astounding $3,120.00 per month! In total the net cash flow would be $4,398.13. Once this process is completed, there is the opportunity to refinance based on the increased cash flow. This would allow you to potentially pull equity from this property to acquire more real estate and continue growing. Investing in real property is one of the best strategies to protect your wealth and hedge against inflation. Do not let this opportunity slip through your fingers. With rates dropping this property only becomes more and more attractive every day. This information is included for example only and is not meant to be taken as financial, legal, or tax advice.We invite you to seek the advice of your mortgage broker, accountant, lawyer, and contractor to create a plan that works best for you. Minimum of 48 hours notice before all showings. (id:44523)
43 bedroom rooming house with 2 huge kitchens on a large property with ample parking. 65% occupied so there is lots of room for you to add your additional choice of tenants. Building is in good condition and could also be ideal for student housing with its layout and proximity to the college. Income and expense statements available on request. (id:44523)
Don't Miss Out on This Fantastic Investment Opportunity! This centrally located, Duplex in Midland offers versatility and potential. Featuring a spacious main residence with three bedrooms and an additional legal two-bedroom apartment, it's perfect for generating rental income or multi-generational living. Situated near schools, shopping centers, and downtown, convenience is at your doorstep. The main residence boasts updated wiring, a modern kitchen, and generous living and dining spaces. Currently, both units are on a month-to-month lease, ready for owner occupancy. Whether you're an investor or looking for a place to call home, this property is a must-see! Schedule a viewing today and seize this opportunity before it’s gone! (id:44523)
This legally registered residential duplex presents a prime opportunity for any astute investor. Nestled in a tranquil part of the city, it sits on a premium lot that directly backs onto MaCmorrison Park, offering serene views and ample recreational space. The property features two generously sized 2-bedroom suites, perfect for rental income or multi-generational living. The location is particularly advantageous, with nearby schools, shopping, RVH, Georgian College, and Lake Simcoe adding convenience to everyday living. The house is meticulously maintained and showcases a well-presented interior and exterior. Each suite is bathed in natural light, creating spacious and inviting living environments with laundry in each unit, updated shingles (approx 2020), and a gas furnace (2021). The garage space was altered slightly to accommodate the main floor bathroom, so Buyers should measure and do their due diligence regarding the useable space. Combining a peaceful setting with proximity to essential amenities, this property is a standout choice for investors and homeowners seeking a versatile and appealing residence. (id:44523)
Discover your next investment gem in this beautifully furnished legal duplex, just a stone's throw from the serene greens of Sunnidale Park. The stunning skylight fills the space with natural light, creating a warm and inviting atmosphere.Perfect for investors, the upper unit is already rented at the top end of the market rent. Spacious, light-filled living areas and cozy bedrooms make this duplex appealing to tenants, ensuring a solid return on investment. Enjoy the comfort of gas fireplaces that keep the space warm in winter, enhancing the cozy ambience. Plus, you'll have your own private outdoor space ideal for relaxation or entertaining.Location couldn't be better! With easy access to walking trails, playgrounds, and local amenities, this duplex offers the perfect blend of urban living and nature. Don't miss out on this incredible opportunity! (id:44523)
