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Royal LePage
Royal LePage
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$1,149,900

Barrie ON, L4N 3E3

MLS® # 40789271

Property Information:

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!

Inclusions: Carbon Monoxide Detector,Fridge X5, Stove X5, Owned Hot Water Heaters X5, Coin Operated Washer & Dryer.

Exclusions : Washer & Dryer In The Main House, Tenant's Belongings.

Building Features:

  • Floor Space: 4216 Square Feet

Property Features:

  • Bedrooms: 11
  • Accessibility Features: Multiple Entrances, Parking
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Other, Full, Partially Finished, Sump Pump
  • Built in: 1896
  • Construction Materials: Brick, Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide
  • Exterior Features: Year Round Living
  • Fencing: Fence - Partial
  • Floor Space (approx): 4216 Square Feet
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters, Other
  • Laundry Features: Coin Operated, In-Suite
  • Lot Depth: 165 Feet
  • Lot Features: Rectangular, Park, Place of Worship, Public Transit, School Bus Route, Schools, Shopping Nearby, Trails
  • Lot Frontage: 66.00 Feet
  • Parking Features: Asphalt
  • Road Frontage Type: Municipal Road, Year Round Road
  • Road Surface Type: Paved
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Waterfront Features: Lake Privileges, Lake/Pond
  • Zoning: RM2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX Hallmark Peggy Hill Group Realty Brokerage

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 81 Innisfil Street, Barrie, ON, L4N 3E3

Demographic Information of 81 Innisfil Street, Barrie, ON, L4N 3E3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,448.96

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.02 %

High school certificate or equivalent

41.09 %

Apprenticeship trade certificate/diploma

8.57 %

College/non-university certificate

23.5 %

University certificate (below bachelor)

0.71 %

University Degree

11.11 %

Commuter

Travel To Work

By Car

74.18 %

By Public Transit

9.85 %

By Walking

12.44 %

By Bicycle

0.0 %

By Other Methods

3.53 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

51.8 %

Houses

48.2 %

Own Vs. Rent

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