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$ 2,189,900
Est. payment | /mo
9 Beds
9 Baths
$ 2,189,900
Est. payment | /mo
9 Beds
9 Baths
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Lakeshore
MLS Listing ID S12251647
Bedrooms 9
Annual Tax Amount $18,042
Tax Year 2025
Property Sub-Type Investment
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
State ON
County Simcoe
Area Simcoe
Zoning C2-1
Rooms
Kitchen 9
Interior
Cooling No
Inclusions Fridge x 10, Stove x 10
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Lot
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