68, CAMPBELL, Allandale, Barrie, Commercial

Description

Commercial Investment For Sale.

Tucked away on a quiet dead-end street in a highly convenient central location, this charming three unit property offers a fantastic opportunity for investors or anyone looking to live in one unit while generating rental income from the others. Legally it's a duplex with a third unregistered unit, the property sits on a spacious lot that may offer even more potential, ideal for the savvy buyer with an eye toward the future. There's a possibility to add a garden suite with required permits, creating extra value for those ready to roll up their sleeves and invest some sweat equity. The lower-level one-bedroom unit has been recently renovated and feels bright and inviting,with large windows that bring in plenty of natural light. Both upper units are two-bedroom, above-grade spaces that have been well maintained and are currently home to friendly, long-term tenants who would love to stay. Parking is plentiful, with enough space for all tenants and even a guest spot. Location-wise, it doesn't get much better just a short walk brings you to Kempenfelt Bay, with all the perks of waterfront living, or to the downtown GO station, making commuting to Toronto a breeze. Highway 400, Anne Street, and Essa Road are all easily accessible, putting everything you need within reach. The property has been responsibly managed, with solid tenants and no existing issues. Full financials are available for review, and while the third unit is not warranted for retrofit status, buyers are encouraged to conduct their own due diligence. Whether you're looking to expand your portfolio or get started in real estate with a property full of potential, this one's worth a closer look.

Community Features: Major Highway

Cross Street: Essa Road/Anne