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$ 2,189,900
Est. payment | /mo
10 Beds
10 Baths
$ 2,189,900
Est. payment | /mo
10 Beds
10 Baths
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
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
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 10
Interior
Interior Features Other
Cooling Other
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Pool None
Roof Type Asphalt Shingle
Lot Frontage 55.0
Lot Depth 200.0
Total Parking Spaces 10
Building
Foundation Unknown
Others
ParcelsYN No
Listed by CENTURY 21 B.J. ROTH REALTY LTD.
Nearby Locations
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