$625,000
13 HENRY Street, Barrie, ON L4N 1C5
3 beds3 baths6 parking 1500-2000 ft²
Key facts
- MLS®
- S13657858
- Status
- New
- Type
- Triplex
- Taxes
- $5,139
- Size
- 1500-2000 ft²
- Parking
- 6 total
- Listed
- 2026-08-10
- Brokerage
- RE/MAX By The Bay Brokerage
- Cross street
- Eccles St N
Description
Located in downtown Barrie, this LEGAL TRIPLEX offers a strong investment opportunity with immediate income and future growth potential. The property is easy to rent, generates positive cash flow, and presents excellent potential for additional units and increased revenue.One unit is currently vacant, providing flexibility for an investor to set market rent or for owner-occupancy. All existing tenants are on month-to-month leases, offering added flexibility.Unit Breakdown: Unit 1: 1-bedroom (till May 31st 2027) -1$,495/month; Unit 2: 2-bedroom - $1,681/month; Unit 3: Studio - $1,943/month( All units are all-inclusive). 2025 Annual Expenses:Water: $1,404.89; Hydro: $2,675.84; Gas: $2,873.60. An added bonus is the generous lot size, offering significant development potential. Take advantage of Bill 23, More Homes Built Faster Act, 2022, which may allow for additional residential units, maximizing long-term value and income.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.