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Katharina Lenz

katharina@lenz-homes.ca +1(506) 269-3975

$ 1,140,000

Est. payment | -/mo

7 Beds

4 Baths

3,500 SqFt

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$ 1,140,000

Est. payment | -/mo

Save Virtual Tour

7 Beds

4 Baths

3,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500 - 5000

Square Footage 3,500 sqft

Price per Sqft $325

Subdivision Queen'S Park

MLS® Listing ID S13553000

Style Raised bungalow

Bedrooms 7

Property Description

Cash-Flowing 4-Plex in One of Barrie's Most Desirable Investment Locations! This legal 4-plex offers over 4,000 sq. ft. of living space and generates over $60,000 annually in rental income, plus additional income from coin-operated laundry. Featuring three 2-bedroom units and one 1-bedroom unit, this turnkey property is ideal for investors seeking strong cash flow today and future upside tomorrow. Set on an oversized lot with parking for up to 8 vehicles and room to expand, this property offers rare flexibility in the heart of Barrie. The current tenants are reliable, easy to work with, and have a proven history of paying on time or early, making for a smooth ownership transition. A quick closing is available. Located in Barrie's historic Queen's Park neighbourhood, residents enjoy a short walk to downtown, the waterfront, parks, restaurants, shopping, public transit, and the Allandale GO Station. The area is known for its mature trees, historic character, strong rental demand, and convenient access to Highway 400. Whether you're looking to add a proven income-producing asset to your portfolio or capitalize on future development potential, this is the type of investment opportunity that rarely comes available in downtown Barrie. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Second level 2.44 m X 2.13 m Kitchen

Extra Room 2 Second level 1.83 m X 1.83 m Dining room

Extra Room 3 Second level 3.66 m X 3.05 m Living room

Extra Room 4 Second level 3.66 m X 4.27 m Bedroom

Extra Room 5 Second level 3.66 m X 3.35 m Bedroom 2

Interior

Heating Baseboard heaters, Radiant heat,

Exterior

Parking Features No

Fence Fenced yard

Community Features School Bus

View Y/N No

Attached Garage No

Total Parking Spaces 8

Garage No

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Raised bungalow

Others

Virtual Tour https://winsold.com/matterport/embed/464236/CVkRvtdZ48s

Listed by EXP REALTY

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(506) 269-3975

katharina@lenz-homes.ca

Learn More About LPT Realty

89 DONALD STREET Barrie (queen's Park), ON L4N1E6