For Sale - 13 HENRY Street, Barrie, Ontario

Est payment $3,121/mo
Views   1
Time on Jump  1 days
  • Legal triplex in downtown Barrie, great for investment and potential growth.
  • One unit vacant, allowing for market rent setting or owner occupancy.
  • Positive cash flow with existing tenants on month-to-month leases.
  • Generous lot size offers significant development potential for future units.
  • Income potential enhanced by recent legislation for more residential units.



Located in downtown barrie, this llegal 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.
Listing IDS13055392
Address13 HENRY Street
CityBarrie, Ontario
Price$650,000
Bed4
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Public TransitBasement 1Heating / Cooling Gas Forced Air ClosedHeating Fuel Gas
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Listing Agency:  RE/MAX By The Bay Brokerage

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