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    For Sale - 137 Vancouver Street, Barrie, Ontario

    Est payment $5,229/mo
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    Views   2
    Time on Jump  53 day

    AI Summary *

    • Three self-contained apartments in a purpose-built triplex for diverse living options.
    • Impressive 330-foot deep lot offers potential for private green spaces or a garden suite.
    • Significant rental upside with current rents below market rates for enhanced income.
    • Located in a desirable neighborhood close to Lake Simcoe and local amenities.
    • Great for investors or first-time buyers looking to offset mortgage costs.




    3 level triplex on an exceptional 330-foot deep lot in barrie's popular east end! A rare opportunity to acquire a purpose-built triplex on an exceptionally large lot in barrie's desirable east end. Located on vancouver street, this well-positioned investment property offers three self-contained apartments consisting of one-, two- and three-bedroom units, providing a strong foundation for both investors and owner-occupiers. The property sits on an impressive 52' x 330' lot, with approximately 180 feet of the property extending to a wider 56-foot frontage, creating valuable potential for generous private green spaces for each unit while still providing ample on-site parking. The property was originally comprised of two separate lots providing ample space for a possible garden suite or 2nd building. The approximately 3,060 sq. Ft. All-brick building spans three levels and includes three storage sheds, common laundry, gas heating, separate hydro meters and individual hot water tanks. Tenants pay their own electricity and hot water, helping simplify operating costs for the owner. Significant rental upside exists, with current rents below market and an opportunity to increase income through effective management and future rent adjustments. An excellent opportunity for an investor seeking a solid multi-residential asset with income-growth potential-or for a first-time buyer looking to live in one unit while rental income from the other two apartments helps offset mortgage costs. Enjoy a well-established residential neighbourhood surrounded by attractive homes and close to lake simcoe's kempenfelt bay, parks, amenities and everything barrie's east end has to offer. A unique combination of income potential, an exceptional lot and a desirable residential setting.
    Listing IDS13681520
    Address137 Vancouver Street
    CityBarrie, Ontario
    Price$1,088,888
    Bed / Bath6 / 3 Full
    Style3-Storey, Triplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Accessory Apartment, Separate Hydro MeterAmenities Public Transit, Hospital, Level, SchoolOwnership FreeholdBasement ApartmentFoundation BlockHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 10.00
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    Listing Brokerage: RIGHT AT HOME REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    137 Vancouver Street
    Barrie , Ontario
    6 3 $1,088,888
    Get more info