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$2,189,900
Est. payment /mo
10 Beds
10 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Lakeshore
MLS Listing ID S12253457
Style 2-Storey
Bedrooms 10
Annual Tax Amount $18,042
Tax Year 2025
Property Sub-Type Multiplex
Appx SqFt 3500-5000
Property Type Multi-Family
Property Description
Positioned directly across from the waterfront of Kempenfelt Bay and surrounded by high-density condo development, this quarter-acre multi-residential opportunity offers exceptional long-term upside in one of Barrie's most desirable growth corridors. The property comprises two income-producing buildings 1)an eight-plex, & 2)a detached rental home.Each suite is a 1-bedroom unit, providing a stable and highly rentable configuration. Most tenants are responsible for their own gas, hydro, water, and cable, ensuring streamlined operating expenses and predictable net income for the owner. With its prime location, flexible footprint, and proximity to the lakefront, transit, and urban intensification, this property just may represent a rare chance to secure a high-demand multi-residential asset with both immediate cash flow and compelling redevelopment potential.
Location
Province ON
County Simcoe
Area Simcoe
Zoning C2-1
Rooms
Basement Full, Unfinished
Kitchen 10
Interior
Interior Features Other
Cooling Other
Inclusions Fridge x 10, Stove x 10
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 10
Building
Foundation Unknown
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Lited by CENTURY 21 B.J. ROTH REALTY LTD.