134 Napier Street, Barrie, ON L4M 1W5

$1,100,000
5
BD
3
BA
2,000
SqFt

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List Price
$1,100,000
MLS#
S13629462
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
2-Storey
Bedrooms
5
Bathrooms
3
Living Area
2000-2500
Province
ON
Municipality
Barrie
Area
Simcoe
Neighborhood
Codrington
Subdivision
Cook Street And Napier Street

Property Description

Discover a special opportunity to own a well-maintained triplex in Barrie's sought-after East End, nestled in a quiet, tree-lined neighbourhood surrounded by single-family homes on generous lots. Whether you're looking to live in one apartment and rent the others, or you're an investor expanding your portfolio, this property checks every box. Enjoy the flexibility to move in and start earning income right away, from two additional units - or rent out all three and build long-term wealth in one of Barrie's most desirable areas. Two-2 bedroom apartments and one-1 bedroom. One of the two-bedroom units is currently vacant giving you the freedom to select your own tenants and set market rents for this unit from day one. The second two-bedroom unit has been recently rented at market rent. Units are separately metered for hydro. The location is unbeatable, close to Royal Victoria Hospital, Johnsons Beach, Codrington School, East Bayfield Recreation Centre, The Barrie Country Club, beautiful parks, and Downtown Barrie. Its the kind of area that attracts stable tenants and makes residents proud to call home. ** Added Opportunity - explore the potential to add a fourth unit to the property through the addition of an Accessory Dwelling Unit on this generous 55' x 165' lot! ** Opportunities like this don't come along often and when they do, they stay in the portfolio for years. Dont wait to book your viewing, this one wont last long!

Additional Information

Taxes
$6,071
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit(s)
Kitchens
3
Exterior
Brick, Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
5
Parking Type
Private, Unreserved

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Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE FIRST CONTACT REALTY.