$734,999

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#1-4 58 Penetang Street, Barrie (Codrington) - Multi-family for Sale

#1-4 58 Penetang Street, Barrie (Codrington), Ontario, L4M1V6

7 beds4 baths4 parking2,750 ft²47 × 175 ft (8,155 sq ft) lot sizeListed 83 days ago

Overview

This multi-family property in Barrie is for sale offering roughly 2,750 sq ft of space.

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Description

INVESTORS!! Looking to add to your real estate portfolio? Looking to enter into the real estate market and start your portfolio? Take a look today! Great two story building and has been renovated for a total of 4 units in building. *UNIT 1* 3 bedrooms, 1 bath. *UNIT 2* 3 bedrooms, 1 bath. *UNIT 3* 2 bedrooms, 1 bath. *UNIT 4* 1 bedroom, 1 bath. Conveniently located in downtown area, walking distance to shopping, restaurants, library, and more! UNIT 1 & UNIT 3 include Fridge, Stove, dishwasher (as is). UNIT 4 includes Fridge, Stove. UNIT 2 includes Fridge, Stove. Onsite parking. Close to all Amenities & Family Fun At Centennial Park & Lake Simcoe's Waterfront. Easy access to Shopping, Services, Library & Rec Centres and key commuter routes - public transit, GO Train / Bus, highways north to cottage country and south to the GTA. Many trails and parks to enjoy all year around. (id:66096)

Property Details

MLS®: S13673286
Property Type: Multi-family
Zoning: RM2
Bedrooms: 7
Beds (above / below): 7 above · 0 below
Bathrooms: 4
Parking: 4
Interior Size: 2,750 ft²
Lot Size: 47 × 175 ft (8,155 sq ft)
Frontage: 47 ft
Storeys: 2
Basement: Apartment in basement, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Fireplace: Yes
Property Tax: $7,623.47/yr
Listed

Rooms

Second level

Bedroom: 4 x 2.1 meters
Kitchen: 4 x 4.9 meters
Bedroom 2: 2.7 x 3.7 meters
Bedroom 3: 2.4 x 2.4 meters

Third level

Bedroom: 2.1 x 2.6 meters
Kitchen: 2.9 x 4 meters
Bedroom 2: 2.6 x 3 meters

Main level

Bedroom 2: 3.02 x 3.05 meters
Bedroom: 3.05 x 3.05 meters
Kitchen

Features

Appliances: Refrigerator, Stove
Foundation: Concrete
Exterior: Vinyl siding
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

83d

Barrie (Codrington) listings, avg age

57d

Price / ft²

$267

List price

$735K

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.

Haho

This 7-bed multi-family in Barrie (Codrington) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX HALLMARK CHAY REALTY · SCOTT WOOLSEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4M)

This home lists at $734,999, about 8.4× the local median household income of $87,000.

Carrying it typically needs a household income of about $143,571 (20% down, 25-yr amortization, stress-tested) — roughly 65% above the area median.

Median household income: $87,000
Population: 46,902
Median age: 38
Owner / renter: 62% / 38%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L4M)

$734,999· $267/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.60% · $48,499.90

Min 6.60%50%

Mortgage payment$3,806/mo

↳ CMHC premium ($27,460 capitalized)

Property tax (est.)$635/mo

Total monthly$4,441

Cash Needed to Close

Down payment (6.60%)$48,500

Land transfer tax$11,175

Est. closing costs$4,705

Total cash needed$64,380

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#1-4 58 Penetang Street, Barrie (Codrington) - Multi-family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L4M)

Book a showing

Full Cost Breakdown