13 HENRY STREET
Barrie (Queen's Park), Ontario
MLS® S13657858
$625,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- S13657858
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- —
1 / 13Listing description
Located in downtown Barrie, this LEGAL TRIPLEX offers a strong investment opportunity with immediate income and future growth potential. The property is easy to rent, generates positive cash flow, and presents excellent potential for additional units and increased revenue. One unit is currently vacant, providing flexibility for an investor to set market rent or for owner-occupancy.
All existing tenants are on month-to-month leases, offering added flexibility. Unit Breakdown: Unit 1: 1-bedroom (till May 31st 2027) -1$,495/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.
Property summary
- MLS® number
- S13657858
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 66 x 165 FT
- Annual property taxes
- $5,139.00
- Parking
- 6 spaces · No Garage
- Days on market
- 38 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Unfinished, N/A
- Appliances
- Refrigerator, Stove
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $625,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX By The Bay Brokerage, WASAGA BEACH.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.