$925,000

For sale

59 Brock Street, Barrie (Sanford), Ontario, L4N2M1

3 baLot size 81 × 127 ft (10,242 sq ft)

Listed by RE/MAX HALLMARK CHAY REALTY

48 Brock Street, Barrie (Sanford), Ontario, L4N2L7

For sale

13 days ago

$599K

48 Brock Street, Barrie (Sanford), Ontario, L4N2L7

3 bd2 ba6 pk1,750 ft²Lot size 45 × 127 ft (5,749 sq ft)

Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY

12 Dufferin Street, Barrie (Sanford), Ontario, L4N2J7

For sale

49 days ago

$750K

12 Dufferin Street, Barrie (Sanford), Ontario, L4N2J7

5 bd3 ba4 pk900 ft²Lot size 50 × 120 ft (6,000 sq ft)

Listed by CENTURY 21 B.J. ROTH REALTY LTD.

Investment analysis

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$925,000

Barrie

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Description

PRIME TRIPLEX INVESTMENT OPPORTUNITY IN THE HEART OF BARRIE! Welcome to 138 Innisfil Street, a well-positioned triplex offering an excellent opportunity for investors seeking a property in a highly desirable and convenient location. Ideally situated just minutes from downtown Barrie, residents can enjoy easy access to a vibrant selection of shops, restaurants, cafés, entertainment and everyday amenities, while Centennial Beach and the beautiful waterfront are also within close proximity. Uniquely serene forest/park like large lot with lots of room for future possibilities. 1.1KM to new Barrie soccer facility. With its sought-after location and multi-unit configuration, this property presents an excellent opportunity to add a versatile income-producing asset to your portfolio in one of Barrie's established neighbourhoods. Unit 1 is a two bedroom (will be vacant on closing), unit 2 is a three bedroom (tenant occupied), and unit 3 is a three bedroom (currently vacant). (id:66096)

Property Details

MLS®: S13866264
Property Type: Multi-family
Zoning: EP, RM2
Bedrooms: 8
Beds (above / below): 8 above · 0 below
Bathrooms: 3
Parking: 6
Interior Size: 3,250 ft²
Lot Size: 90 × 171 ft (15,424 sq ft)
Frontage: 90 ft
Storeys: 2
Basement: Finished, Full, Walk-up, N/A, N/A
Heating: Baseboard heaters, Electric, Natural gas
Cooling: Window air conditioner
Garage: No Garage
Property Tax: $5,591/yr
Listed: 29 days ago

Rooms

Main level

Living room: 3.28 x 4.43 meters
Dining room: 2.81 x 2.71 meters
Kitchen: 2.71 x 2.79 meters
Primary Bedroom: 3.98 x 3.9 meters
Bedroom 2: 3.07 x 3.1 meters
Bedroom 3: 3.26 x 3.12 meters

Second level

Bedroom 2: 3.07 x 3.18 meters
Bedroom 3: 3.26 x 3.12 meters
Living room: 3.28 x 4.43 meters
Dining room: 2.81 x 2.71 meters
Kitchen: 2.71 x 2.79 meters
Primary Bedroom: 3.98 x 3.98 meters

Lower level

Living room: 4.75 x 4.47 meters
Office: 3.27 x 2.74 meters
Kitchen: 3.17 x 3.04 meters
Primary Bedroom: 3.21 x 3.55 meters
Bedroom 2: 3.17 x 2.93 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

29d

Barrie (Sanford) listings, avg age

27d

Price / ft²

$285

List price

$925K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Area context

Neighbourhood profile (L4N)

This home lists at $925,000, about 9.5× the local median household income of $97,000.

Carrying it typically needs a household income of about $180,685 (20% down, 25-yr amortization, stress-tested) — roughly 86% above the area median.

Median household income: $97,000
Population: 100,835
Median age: 39.6
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L4N)

$925,000· $285/ft²

For sale

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Full Cost Breakdown

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Down Payment7.30% · $67,500

Min 7.30%50%

Mortgage payment$4,754/mo

↳ CMHC premium ($34,300 capitalized)

Property tax (est.)$466/mo

Total monthly$5,220

Cash Needed to Close

Down payment (7.30%)$67,500

Land transfer tax$14,975

Est. closing costs$5,275

Total cash needed$87,750

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Rental cashflow calculator

138 Innisfil Street, Barrie (Sanford) - Multi-family for Sale

Description

Property Details

Rooms

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Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L4N)

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