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$ 589,000
Est. payment /mo
Price Dropped by $10K
116 Maple AVE Barrie, ON L4N 1S4
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Queen'S Park
MLS Listing ID S13415186
Annual Tax Amount $5,972
Tax Year 2025
Property Sub-Type Investment
Property Description
Calling all investors looking to add to their portfolio: this 2-storey legal triplex located in central Barrie with RM2 zoning is ideally situated just a short walk to the downtown core, the beautiful waterfront, marina, library, public transit and all amenities. Building also offers a separate room for coin laundry as additional income. The three units include two 2-bed units and one 1-bed unit, all offering large windows allowing for plenty of natural light and seasonal views of Kempenfelt Bay. Tenants appreciate the oversized driveway with parking for up to 4 cars and the private lot surrounded by mature trees, with Barrie's iconic Spirit Catcher in view from the driveway. The three existing long-term tenants are month-to-month and would like to stay. Building is in need of updating, including new roof, eavestrough and siding, seller has quotes for reference upon serious inquiries. Tenants pay their own hydro, and an efficient natural gas hot water boiler system heats the property. Seller may be open to a VTB. Please note: interior photos were taken prior to the current tenants moving in.
Location
Province ON
County Simcoe
Area Simcoe
Interior
Cooling No
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Lot Frontage 82.51
Lot Depth 132.0
Building
Building Age 51-99
Others
ParcelsYN No
Listed by KELLER WILLIAMS EXPERIENCE REALTY
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