3 Level Triplex on an Exceptional 330-Foot Deep Lot in Barrie's Popular East End! A rare opportunity to acquire a purpose-built triplex on an exceptionally large lot in Barrie's desirable east end. Located on Vancouver Street, this well-positioned investment property offers three self-contained apartments consisting of one-, two- and three-bedroom units, providing a strong foundation for both investors and owner-occupiers.The property sits on an impressive 52' x 330' lot, with approximately 180 feet of the property extending to a wider 56-foot frontage, creating valuable potential for generous private green spaces for each unit while still providing ample on-site parking. The property was originally comprised of two separate lots providing ample space for a possible garden suite or 2nd building.The approximately 3,060 sq. ft. all-brick building spans three levels and includes three storage sheds, common laundry, gas heating, separate hydro meters and individual hot water tanks. Tenants pay their own electricity and hot water, helping simplify operating costs for the owner.Significant rental upside exists, with current rents below market and an opportunity to increase income through effective management and future rent adjustments.An excellent opportunity for an investor seeking a solid multi-residential asset with income-growth potential-or for a first-time buyer looking to live in one unit while rental income from the other two apartments helps offset mortgage costs.Enjoy a well-established residential neighbourhood surrounded by attractive homes and close to Lake Simcoe's Kempenfelt Bay, parks, amenities and everything Barrie's east end has to offer. A unique combination of income potential, an exceptional lot and a desirable residential setting.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Property Attached:
Yes
Home Style:
3-Storey
Approx. Age:
51-99
Total Approx Floor Area:
2000-2500
Lot Depth:
330'101 m
Lot Frontage:
52'15.8 m
Lot Details:
52.00 x 330.00 Feet
Direction Faces:
East
Bedrooms:
6
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
6
Kitchens Above Grade:
3
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms Above Grade:
12
Rooms:
5
Zoning:
R2Duck
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Block
Roof:
Asphalt Shingle
Basement:
Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
10
Total Parking Spaces:
10.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
In Addition To
Taxes:
$6,805 /
2025
Assessment:
$- /
-
Simcoe
Barrie
Codrington
Public Transit, Hospital, Level, School
Accessory Apartment, Separate Hydro Meter
Hot Water Heater
3 fridges, 3 stoves, large shed in back, medium shed, and small shed, (tenant occupied), washer, dryer,
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