13, HENRY, Queen's Park, Barrie, Commercial
- 4 beds |
- 1600 SQFT
Description
Commercial Investment For Sale.
Located in downtown Barrie, this lLEGAL TRIPLEX offers a strong investment opportunity with immediate income and future growth potential. The property is easy to rent, generates positive cash flow, and presents excellent potential for additional units and increased revenue.One unit is currently vacant, providing flexibility for an investor to set market rent or for owner-occupancy. All existing tenants are on month-to-month leases, offering added flexibility.Unit Breakdown: Unit 1: 1-bedroom (vacant) - estimated market rent ~$1,600/month; Unit 2: 2-bedroom - $1,681/month; Unit 3: Studio - $1,943/month( All units are all-inclusive). 2025 Annual Expenses:Water: $1,404.89; Hydro: $2,675.84; Gas: $2,873.60. An added bonus is the generous lot size, offering significant development potential. Take advantage of Bill 23, More Homes Built Faster Act, 2022, which may allow for additional residential units, maximizing long-term value and income.
Community Features: Public Transit
Cross Street: Eccles St N
Key Facts
- Days on: 1 days
- Mls Status: New
- Bedrooms Total: 4
- Lot Type: Lot
- Lot Width: 66.00
- Parking Spaces: 6
- Garage Type: Outside/Surface
- Heat Source: Gas
- Heat Type: Gas Forced Air Closed
- Cooling: No
- Building Area Total: 1600 Square Feet
Location 13, HENRY, Queen's Park, Barrie
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