UNBEATABLE INVESTMENT OPPORTUNITY IN BARRIE’S LAKESHORE DISTRICT - RARE LEGAL MULTIPLEX WITH RELIABLE CASH FLOW & STRONG FUTURE GROWTH POTENTIAL! Outstanding opportunity to acquire a legal income-generating multiplex in one of Barrie’s most coveted Lakeshore locations, just steps from Kempenfelt Bay and Centennial Beach. Within walking distance of restaurants, shopping, parks, and Barrie’s vibrant downtown core filled with entertainment, community events, and waterfront activities, this property truly delivers on lifestyle and convenience. The location also offers excellent connectivity with quick access to the Allandale Waterfront GO Station, local transit routes, and Highway 400. The main front unit features a charming covered porch, a generous yard, a bright, open eat-in kitchen and living room, three upper-level bedrooms, and a full bath. Comfort is assured with forced-air heating and central air conditioning. Behind it, the rear fourplex offers four well-designed units, each with an eat-in kitchen, open living space, two bedrooms, and a full bath, all heated with electric baseboards. With an extended driveway providing ample parking, separate entrances and utility metres, individual storage for every unit, and all kitchen appliances included, this versatile property generates reliable income with plenty of potential for upgrades and future growth. Properties of this scale and in such a prime location are rarely available - secure this exceptional investment today and reap the rewards for years to come! (id:51532)
Tags
Property Summary
Property Type
Multi-family
Storeys
2
Square Footage
4216 sqft
Subdivision Name
BA06 - Lakeshore
Title
Freehold
Land Size
0.25 ac|under 1/2 acre
Built in
1896
Building
Bathrooms
Total
11
Interior Features
Basement Type
Full (Partially finished)
Building Features
Features
Paved driveway, Laundry- Coin operated, Sump Pump
Foundation Type
Block
Square Footage
4216 sqft
Rental Equipment
Water Heater
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Baseboard heaters, Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Park, Place of Worship, Public Transit, Schools, Shopping