359-363 Duckworth Street, Barrie (Grove East), Ontario, L4M3X8



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$12,350,000
Barrie
This multi-family property in Barrie is for sale.
Rare student housing investment opportunity in Barrie, offering immediate cash flow. This offering includes two well-maintained, purpose-built apartment buildings located just seconds from Highway 400 and approximately 300 metres from Georgian College's main campus, with convenient access to all major amenities. Situated on just over one acre, the property comprises a total of 32 units, 144 beds, and 50 parking spaces. The buildings feature a mix of four- and five-bedroom suites, each equipped with its own kitchen, furnace, and in-suite laundry. Showings by appointment only. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 107 days on market, against an average age of 47 days across the listings currently for sale in this city
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.
This multi-family in Barrie (Grove East) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $12,350,000, about 142.0× the local median household income of $87,000.
Carrying it typically needs a household income of about $2,412,387 (20% down, 25-yr amortization, stress-tested) — roughly 2673% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4M)
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Loading rates, 30-yr amortization
Cash Needed to Close
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