Barrie, City Centre, L4N 2K7
$875,000
Listed by RE/MAX HALLMARK CHAY REALTY.
Home or investment opportunity in Central Barrie - triplex, previously a duplex converted with final approval given on Feb 2019 (on file), offers three separate units, each with its own entrance, hot water tanks, hydro meters, ductless split systems in each unit for AC/Heat; own laundry facilities, and two parking spaces for each.. Located centrally in Barrie, close to amenities, shopping centres, restaurants, bars, the waterfront, walk paths, parks and with easy access to Highway 400, this property is perfect for homebuyers looking to offset mortgage costs with rental income, co-sharers seeking joint ownership, or savvy investors looking to start investing or add to existing portfolio. The main floor unit is tenant-occupied, while the upper unit hosts a short-term tenant. Plus, with the lower unit on the ground level vacant, the possibilities are endless. Many costs are offset, with minimal expenses to manage. Plus, the seller may offer a small VTB (Vendor Take Back) depending on the strength of the offer, making this opportunity even more enticing. See the photos and videos for more insight on how well it presents, condition, location and layout.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 7 times before. To view this property's sale price history please sign in or register:
