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    For Sale - 34 Berczy Street, Barrie, Ontario

    Est payment $17,666/mo
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    Views   3
    Time on Jump  175 day

    AI Summary *

    • Purpose-built multiplex with 11 spacious two-bedroom units for strong tenant demand.
    • Walking distance to waterfront, grocery stores, restaurants, and shopping.
    • Potential to add a 12th unit with washroom rough-in for increased income.
    • Upgraded exterior with durable EIFS system for long-term performance.
    • Five units below market rent provide future income upside as tenants turnover.




    Updated, purpose-built multiplex walking distance to the beautiful waterfront and situated within barrie's urban growth centre making it ideally positioned for strong tenant demand. This well-maintained apartment building features 11 spacious two-bedroom units on a large lot with more than enough parking. Major bonus is the current locker area has potential to convert it to a 12th unit complete with a washroom rough-in. The exterior has been significantly upgraded with a gemstone finishing eifs system. This boosts durability and visual appeal mimicking natural stone with a textured, mineral-rich surface. It acts like a thermal blanket for the building and stands up to harsh weather making it a smart, stylish choice for long-term performance. The balconies have also been significantly upgraded to this turn key investment gem. Five of the units are being rented below market rent so in time as tenants turnover, there is also significant upside in income opportunity. Residents enjoy easy access to transit and can walk to grocery stores, restaurants, and shopping. A solid investment in one of barrie's desirable and fast-growing areas.
    Listing IDS12454766
    Address34 Berczy Street
    CityBarrie, Ontario
    Price$3,678,900
    StyleInvestment
    Land Size16771
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Baseboard

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    Listing Agency:  CENTURY 21 B.J. ROTH REALTY LTD.

    * 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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    34 Berczy Street
    Barrie , Ontario
    $3,678,900
    Get more info