166 Collier Street Barrie, Ontario L4M 1H7

5 Bedroom 4 Bathroom 2,500 - 3,000 ft2
Central Air Conditioning Forced Air

$1,249,500

Rare opportunity to own a money making 4-plex in an amazing area of Barrie. The property is fully tenanted, all tenants want to stay and love it here. The property runs smoothly with low maintenance fees. Rents are as follows: Main Floor Studio: $1429, Main Floor 2-bed: $2000, Upper 1 Bed: $1500 and other upper 1-Bed: $1740. All rents are inclusive. Monthly heating, hydro and water average: $480, insurance: $275. The NET operating income is approximately $65,000 a year! All tenants are amazing and take care of the place. The location is sought after by tenants and this property has had no vacancies for over a decade. (Except when owner was renovating) All units have access to laundry. (One set is shared by 3 units, other unit has it's own). Property has just had a new roof done (June 2025) as well as some new eaves and down spouts. Potential to push back retaining wall at back and add even more value. Come have a look, you won't be disappointed. LA is owner. (id:15069)

Property Details

MLS® Number S12917266
Property Type Multi-family
Community Name Codrington
Amenities Near By Public Transit
Equipment Type Water Heater
Parking Space Total 5
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Above Ground 5
Bedrooms Total 5
Appliances Water Softener, Dryer, Stove, Two Washers, Refrigerator
Basement Type Partial
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,500 - 3,000 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Public Transit
Sewer Sanitary Sewer
Size Depth 165 Ft
Size Frontage 70 Ft
Size Irregular 70 X 165 Ft
Size Total Text 70 X 165 Ft
Zoning Description Rm2

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29511901/166-collier-street-barrie-codrington-codrington

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