UNBEATABLE INVESTMENT OPPORTUNITY IN BARRIE’S LAKESHORE DISTRICT - RARE LEGAL MULTIPLEX WITH RELIABLE CASH FLOW & STRONG FUTURE GROWTH POTENTIAL! Outstanding opportunity to acquire a legal income-generating multiplex in one of Barrie’s most coveted Lakeshore locations, just steps from Kempenfelt Bay and Centennial Beach. Within walking distance of restaurants, shopping, parks, and Barrie’s vibrant downtown core filled with entertainment, community events, and waterfront activities, this property truly delivers on lifestyle and convenience. The location also offers excellent connectivity with quick access to the Allandale Waterfront GO Station, local transit routes, and Highway 400. The main front unit features a charming covered porch, a generous yard, a bright, open eat-in kitchen and living room, three upper-level bedrooms, and a full bath. Comfort is assured with forced-air heating and central air conditioning. Behind it, the rear fourplex offers four well-designed units, each with an eat-in kitchen, open living space, two bedrooms, and a full bath, all heated with electric baseboards. With an extended driveway providing ample parking, separate entrances and utility metres, individual storage for every unit, and all kitchen appliances included, this versatile property generates reliable income with plenty of potential for upgrades and future growth. Properties of this scale and in such a prime location are rarely available - secure this exceptional investment today and reap the rewards for years to come! (id:4069)
Address
81 INNISFIL Street
List Price
$1,149,900
Property Type
Single Family
Type of Dwelling
House
Style of Home
2 Level
Transaction Type
Sale
Area
Ontario
Sub-Area
Barrie
Bedrooms
11
Bathrooms
6
Floor Area
4,216 Sq. Ft.
Lot Size
0.25 Sq. Ft.
Year Built
1896
MLS® Number
40789265
Listing Brokerage
RE/MAX Hallmark Peggy Hill Group Realty Brokerage
Basement Area
Full (Partially finished)
Postal Code
L4N3E3
Zoning
RM2
Site Influences
Beach, Park, Place of Worship, Public Transit, Schools, Shopping
Features
Paved driveway, Laundry- Coin operated, Sump Pump
