Kitchen (2.44 × 6.1)
Level: Main
Queen's Park, Barrie, Ontario L4N 1W4
ATTENTION INVESTORS & FIRST-TIME BUYERS! LEGAL TRIPLEX OFFERING AN ATTRACTIVE 6.95% CAP RATE & POSITIVE CASH FLOW POTENTIAL! An exceptional opportunity to acquire a well-managed, income-producing property in Barrie's desirable lakeside community. Featuring 3 fully rented units, an established rental history, minimal vacancy and tenants in good standing, this property generates approximately $60,000.00 in annual gross income, with an estimated net operating income of $43,000.00 representing an impressive 7% cap rate, with positive monthly cash flow (based on 20% down).Inside, spacious layouts, soaring ceilings, large windows and timeless Victorian character create bright, inviting living spaces with lasting tenant appeal. Significant capital improvements completed in 2025 include upgraded electrical service, a newer furnace and central air conditioning, along with repairs of the main drainage line. These substantial infrastructure upgrades provide added peace of mind and help minimize future capital expenditures. Ideally located in one of Barrie's sought-after lakeside pockets, this property offers an attractive combination of reliable income, character, location and long-term appreciation potential. For investors, it's an opportunity to enjoy established rental revenue with future growth potential. For first-time buyers, rental income can help offset mortgage expenses while building equity. A compelling turnkey investment opportunity with strong fundamentals, attractive returns and major recent improvements already completed!
Listing activity for 64 High St, Barrie, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $599,900 | N/A | Pc | S13693670 |
Level: Main
Level: Main
Level: Main
Level: 2nd
Level: 2nd
Level: 2nd
Level: 2nd
Level: 2nd
Level: 2nd
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Monthly Payment
$2,750
Total monthly payment
$3,089
Break-even down payment
100%
Expand Neighbourhood demographics to load Statistics Canada census charts.
$599,900
$599,900
CAD
Estimate unavailable
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.