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RAVI PATEL

Sales Representative
Achievers Realty, Brokerage, Brokerage Independently owned and operated. 1620 Albion Road, Unit#202, Etobicoke, Ontario M9V 4B4 Cell: 647-389-1227Office: 905-497-6701Fax: 905-497-6700

$1,088,888
Available - For Sale
Listing ID: S13681520
137 Vancouver Street , Barrie, L4M 4M5, Simcoe


3 Level Triplex on an Exceptional 330-Foot Deep Lot in Barrie's Popular East End! A rare opportunity to acquire a purpose-built triplex on an exceptionally large lot in Barrie's desirable east end. Located on Vancouver Street, this well-positioned investment property offers three self-contained apartments consisting of one-, two- and three-bedroom units, providing a strong foundation for both investors and owner-occupiers.The property sits on an impressive 52' x 330' lot, with approximately 180 feet of the property extending to a wider 56-foot frontage, creating valuable potential for generous private green spaces for each unit while still providing ample on-site parking. The property was originally comprised of two separate lots providing ample space for a possible garden suite or 2nd building.The approximately 3,060 sq. ft. all-brick building spans three levels and includes three storage sheds, common laundry, gas heating, separate hydro meters and individual hot water tanks. Tenants pay their own electricity and hot water, helping simplify operating costs for the owner.Significant rental upside exists, with current rents below market and an opportunity to increase income through effective management and future rent adjustments.An excellent opportunity for an investor seeking a solid multi-residential asset with income-growth potential-or for a first-time buyer looking to live in one unit while rental income from the other two apartments helps offset mortgage costs.Enjoy a well-established residential neighbourhood surrounded by attractive homes and close to Lake Simcoe's Kempenfelt Bay, parks, amenities and everything Barrie's east end has to offer. A unique combination of income potential, an exceptional lot and a desirable residential setting.
Price $1,088,888
Taxes: $6805.00
Occupancy: Tenant
Address: 137 Vancouver Street , Barrie, L4M 4M5, Simcoe
Directions/Cross Streets: Steel/Vancouver
Rooms: 12
Bedrooms: 6
Bedrooms +: 0
Family Room: F
Basement: Apartment
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Lower Bedroom 10.66 12.6
Room 2 Lower Living Ro 17.32 10.92
Room 3 Lower Kitchen 6.92 12.4
Room 4 Lower Bathroom 8.2 4.92 4 Pc Bath
Room 5 Main Bedroom 11.09 9.84
Room 6 Main Bedroom 10.99 12.82
Room 7 Main Living Ro 11.15 17.15
Room 8 Main Kitchen 7.15 12.33
Room 9 Main Bathroom 8.2 4.92 4 Pc Bath
Room 10 Third Bedroom 10.82 6.76
Room 11 Third Bedroom 10.82 9.41
Room 12 Third Bedroom 10.82 12.82
Room 13 Third Living Ro 11.15 17.42
Room 14 Third Kitchen 12.5 7.25
Room 15 Third Bathroom 8.2 4.92 4 Pc Bath
Washroom Type No. of Pieces Level
Washroom Type 1 4 Upper
Washroom Type 2 4 Main
Washroom Type 3 4 Basement
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Triplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 10
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 2000-2500
Property Features: Public Trans, Hospital
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: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY
Personal Picture
RAVI PATEL
Sales Representative
Dir:
647-389-1227
Bus:
905-497-6701
Fax:
905-497-6700
 
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At a Glance:
Type: Freehold - Triplex
Area: Simcoe
Municipality: Barrie
Neighbourhood: Codrington
Style: 3-Storey
Lot Size: x 330.00(Feet)
Approximate Age: 51-99
Tax: $6,805
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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