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.
| MLS # | S12253457 |
|---|---|
| Listing Type | For Sale |
| Style | [2-storey] |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 433 |
| Listing Provided By | CENTURY 21 B.J. ROTH REALTY LTD. | S12253457 074711 |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 10 |
| Basement | Y |
| Acreage | 0.25 |
| Interior Features | [Other] |
|---|---|
| Cooling | [Other] |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | [Asphalt Shingle] |
|---|---|
| Foundation Details | [Unknown] |
| Construction Materials | [Other] |
| Garage Yes / No | No |
|---|---|
| Parking Features | [Available] |
| Sewer | [Sewer] |
|---|
| Tax Annual Amount | 18042 |
|---|---|
| Tax Legal Description | PLAN 2, LOT 33 TO 34, CITY OF BARRIE |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Simcoe |
| City | Barrie |
| Postal Code | L4M 1B4 |
| Area | Lakeshore |
| Province | ON |
|---|---|
| County | Simcoe |
| City | Barrie |
| Postal Code | L4M 1B4 |
| Area | Lakeshore |