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$1,150,000
Est. payment /mo
7 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Queen'S Park
MLS Listing ID S13471982
Style Bungalow-Raised
Bedrooms 7
Annual Tax Amount $8,414
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Cash-Flowing 4-Plex in One of Barrie's Most Desirable Investment Locations! This legal 4-plex offers over 4,000 sq. ft. of living space and generates over $60,000 annually in rental income, plus additional income from coin-operated laundry. Featuring three 2-bedroom units and one 1-bedroom unit, this turnkey property is ideal for investors seeking strong cash flow today and future upside tomorrow. Set on an oversized lot with parking for up to 8 vehicles and room to expand, this property offers rare flexibility in the heart of Barrie. The current tenants are reliable, easy to work with, and have a proven history of paying on time or early, making for a smooth ownership transition. A quick closing is available. Located in Barrie's historic Queen's Park neighbourhood, residents enjoy a short walk to downtown, the waterfront, parks, restaurants, shopping, public transit, and the Allandale GO Station. The area is known for its mature trees, historic character, strong rental demand, and convenient access to Highway 400. Whether you're looking to add a proven income-producing asset to your portfolio or capitalize on future development potential, this is the type of investment opportunity that rarely comes available in downtown Barrie.
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Basement None
Kitchen 4
Interior
Interior Features Separate Heating Controls, Separate Hydro Meter, Water Heater
Cooling None, Other
Inclusions 4 Fridges, 4 Stoves, 1 Coin Washer, 1 Coin Dryer, 1 shed.
Exterior
Exterior Feature Landscaped, Porch, Year Round Living, Controlled Entry, Privacy
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 7
Building
Foundation Concrete Block
Others
ParcelsYN No
Virtual Tour https://www.winsold.com/tour/464236
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