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    For Sale - 64 High Street, Barrie, Ontario

    Est payment $2,881/mo
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    Views   1
    Time on Jump  64 day

    AI Summary *

    • Legal triplex in a desirable lakeside community offers great investment potential.
    • Three fully rented units with strong rental history and minimal vacancy.
    • Generates approximately $60,000 annual gross income with positive cash flow.
    • Significant improvements include upgraded electrical and newer furnace with AC.
    • Attractive location with potential for long-term appreciation and equity building.




    Attention investors & first-time buyers! Legal triplex offering an attractive 6. 95% cap rate & positive cash flow potential! An exceptional opportunity to acquire a well-managed, income-producing property in barrie's desirable lakeside community. Featuring 3 fully rented units, an established rental history, minimal vacancy and tenants in good standing, this property generates approximately $60,000. 00 in annual gross income, with an estimated net operating income of $43,000. 00 representing an impressive 7% cap rate, with positive monthly cash flow (based on 20% down). Inside, spacious layouts, soaring ceilings, large windows and timeless victorian character create bright, inviting living spaces with lasting tenant appeal. Significant capital improvements completed in 2025 include upgraded electrical service, a newer furnace and central air conditioning, along with repairs of the main drainage line. These substantial infrastructure upgrades provide added peace of mind and help minimize future capital expenditures. Ideally located in one of barrie's sought-after lakeside pockets, this property offers an attractive combination of reliable income, character, location and long-term appreciation potential. For investors, it's an opportunity to enjoy established rental revenue with future growth potential. For first-time buyers, rental income can help offset mortgage expenses while building equity. A compelling turnkey investment opportunity with strong fundamentals, attractive returns and major recent improvements already completed!
    Listing IDS13693670
    Address64 High Street
    CityBarrie, Ontario
    Price$599,900
    Bed / Bath3 / 3 Full
    Style2-Storey, Triplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features OtherOwnership FreeholdWaterfront NoneBasement FullFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Brokerage: ENGEL & VOLKERS TORONTO CITY

    * 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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    64 High Street
    Barrie , Ontario
    3 3 $599,900
    Get more info