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Ruth Pedrosa

ruth@rpdrealestate.com +1(416) 998-5478

$ 1,249,500

Est. payment | -/mo

5 Beds

4 Baths

Save

$ 1,249,500

Est. payment | -/mo

Save

5 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Codrington

MLS Listing ID S12917266

Style 2-Storey

Bedrooms 5

Annual Tax Amount $5,887

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Rare opportunity to own a money making 4-plex in an amazing area of Barrie. The property is fully tenanted, all tenants want to stay and love it here. The property runs smoothly with low maintenance fees. . The NET operating income is approximately $65,000 a year! That's over a 5.2% cap rate. All tenants are amazing and take care of the place. The location is sought after by tenants and this property has had no vacancies for over a decade. (Except when owner was renovating) All units have access to laundry. (One set is shared by 3 units, other unit has it's own). Property has just had a new roof done (June 2025) as well as some new eaves and down spouts. Potential to push back retaining wall at back and add even more value. Come have a look, you won't be disappointed. LA is owner.

Location

Province ON

County Simcoe

Area Simcoe

Rooms

Family Room No

Basement Partial Basement, Exposed Rock

Kitchen 4

Interior

Interior Features Water Softener

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 70.0

Lot Depth 165.0

Total Parking Spaces 5

Building

Unit Features Library,Public Transit

Foundation Stone

Others

ParcelsYN No

Listed by SUTTON GROUP INCENTIVE REALTY INC.

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 998-5478

ruth@rpdrealestate.com

166 Collier ST Barrie, ON L4M 1H7

Ruth Pedrosa

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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166 Collier ST