Invest Smart in Barrie: Turnkey 4-Plex with Strong Cash Flow & Future Upside - Attn Savvy investors and house hackers, here's your opportunity to own a fully tenanted 4-unit income property in one of Barrie's most accessible neighbourhoods. Ideally located near schools, parks, Highway 400, and the bustling Bayfield corridor, this property blends location, long-term value, and immediate income. Property Highlights: Major Capital Improvements Completed (May 2025): Brand new shingles, sub-roof, and eavestroughs major expenses already taken care of. Separate Hydro Meters: Each unit has its own hydro meter giving you more control over utility management. Fully Leased: Enjoy immediate, reliable cash flow from four units including two recently secured tenants. Income Growth Potential: One upper 1-bedroom unit has already been updated. Bonus Revenue Opportunity: On-site laundry could be easily converted to coin-operated for additional income. Tenant-Friendly Location: Steps from transit, parks, schools, shopping, and Barrie's scenic waterfront this is a high-demand rental zone. Accessibility: Easy commuter access to Waterfront/Allandale GO Station and Highway 400.Whether you're starting your portfolio, scaling your investments, or looking to offset your mortgage with rental income this property offers cash flow today and value growth tomorrow. |
Price | $875,000 |
Taxes: | $4597.00 |
Assessment Year: | 2024 |
Occupancy: | Tenant |
Address: | 48 Rose Stre , Barrie, L4M 2T2, Simcoe |
Acreage: | .50-1.99 |
Directions/Cross Streets: | Rose St / Peel |
Rooms: | 17 |
Bedrooms: | 4 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Partial Base, Separate Ent |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Fourplex |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | None |
Drive Parking Spaces: | 8 |
Pool: | None |
Approximatly Square Footage: | 2000-2500 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | Other |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Elevator Lift: | False |
Sewers: | Sewer |
Utilities-Cable: | Y |
Utilities-Hydro: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK CHAY REALTY |
|
Book Showing | Email a Friend |
Type: | Freehold - Fourplex |
Area: | Simcoe |
Municipality: | Barrie |
Neighbourhood: | 400 North |
Style: | 2-Storey |
Tax: | $4,597 |
Beds: | 4 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |