On the market for 406 days — longer than average. The seller may be open to negotiation.
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.
*Estimates based on comparable rentals in the area. Actual income may vary.
Based on active listings in Barrie. Data updates daily.
How walkable, bikeable, and transit-friendly this neighbourhood is.
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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