Attention Investors & First-Time Buyers! Here's an opportunity to own a well-managed legal triplex offering positive cash flow and an excellent cap rate in the Barrie market. Featuring three fully rented units, a proven rental history, and little to no vacancy, this property is positioned to perform from day one. Excellent AAA Rental profile with all tenants in good standing. Inside, spacious layouts, soaring ceilings, large windows, and timeless Victorian character create bright, inviting living spaces with strong tenant appeal. Ideally situated in one of Barrie's desirable lakeside pockets, the property offers an attractive combination of income, location, and long-term investment potential. For investors, the fully tenanted setup provides reliable income today with future rental growth potential. For first-time buyers, rental income can help offset mortgage costs while building equity in a sought-after location. Whether expanding your portfolio or looking for a smart entry into homeownership, this versatile triplex delivers cash flow, character, and strong investment fundamentals. A rare opportunity in a prime Barrie location!
Multi-familyProperty Type
6,974 sq ftLot Size
6 spacesParking
Listed by ANDREW DI MATTEO• ENGEL & VOLKERS TORONTO CITY
Listed by ROBERT DI MATTEO• ENGEL & VOLKERS TORONTO CITY
Attention investors: this well-maintained legal triplex delivers strong performance from day one, offering a competitive cap rate for the Barrie market (SEE ATTACHED FINANCIALS) and immediate, reliable cash flow from fully rented units. Spacious layouts, high ceilings, and classic Victorian character keep tenant demand high while supporting long-term rental growth. Bright, inviting, and located in one of Barrie's most desirable lakeside pockets, this property offers exceptional versatility. End users and investors alike will appreciate the charm of its large windows, soaring ceilings, and timeless finishes, paired with proven financial strength. Whether held as a high-yield income asset or converted back into a beautiful single-family home, this triplex offers rare upside, prime location, and long-term potential-an opportunity not to be missed.
TREB #X3404273
Jan 29, 2016
Listed
$499,900
TREB #X1137228
May 11, 2007
Listed
$379,900
TREB #S6254322
May 4, 2007
Listed
$379,900
As the MLS and public records start to fill up, we'll list the details here.