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$625,000
Available - For Sale
Listing ID: S13055392
Located in downtown Barrie, this LEGAL 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.
Price $625,000
Taxes: $5,139
Tax Type: Annual
Occupancy by: Tenant
Address: 13 HENRY Street , Barrie, L4N 1C5, Simcoe
Postal Code: L4N 1C5
Province/State: Simcoe
Legal Description: LT 4 S/S HENRY ST PL 27; BARRIE
Directions/Cross Streets: Eccles St N
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Accommodation
Building Percentage: T
Total Area: 1,600
Total Area Code:  Square Feet
Area Influences: Public Transit  
Approximatly Age: 16-30
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
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RE/MAX By The Bay Brokerage

13 HENRY Street , Barrie, L4N 1C5, Simcoe

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Barrie
Neighbourhood: Queen's Park
Style:
Lot Size: x 165.00(Feet)
Approximate Age: 16-30
Tax: $5,139
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949