81 Innisfil Street new

Barrie,ON L4N 3E3

$ 1199000

11 Beds

6 Baths

4216 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,216 sqft

Price per Sqft $284

MLS Listing ID 40761994

Style Two Story

Bedrooms 11

Full Baths 5

Half Baths 1

Year Built 1896

Annual Tax Amount $9,726

Lot Size 10,890 Sqft

Property Sub-Type Detached

Property Description

UNBEATABLE INVESTMENT OPPORTUNITY IN BARRIE'S LAKESHORE DISTRICT - RARE LEGAL MULTIPLEX WITH RELIABLE CASH FLOW & STRONG FUTURE GROWTH POTENTIAL! Outstanding opportunity to acquire a legal income-generating multiplex in one of Barrie's most coveted Lakeshore locations, just steps from Kempenfelt Bay and Centennial Beach. Within walking distance of restaurants, shopping, parks, and Barrie's vibrant downtown core filled with entertainment, community events, and waterfront activities, this property truly delivers on lifestyle and convenience. The location also offers excellent connectivity with quick access to the Allandale Waterfront GO Station, local transit routes, and Highway 400. The main front unit features a charming covered porch, a generous yard, a bright, open eat-in kitchen and living room, three upper-level bedrooms, and a full bath. Comfort is assured with forced-air heating and central air conditioning. Behind it, the rear fourplex offers four well-designed units, each with an eat-in kitchen, open living space, two bedrooms, and a full bath, all heated with electric baseboards. With an extended driveway providing ample parking, separate entrances and utility metres, individual storage for every unit, and all kitchen appliances included, this versatile property generates reliable income with plenty of potential for upgrades and future growth. Properties of this scale and in such a prime location are rarely available - secure this exceptional investment today and reap the rewards for years to come!

Location

Province ON

County Simcoe County

Area Barrie

Zoning RM2

Rooms

Kitchen 5

Interior

Heating Baseboard,Electric,Forced Air,Natural Gas

Cooling Central Air

Laundry Coin Operated,Laundry Room,Lower Level

Exterior

Exterior Feature Year Round Living

Parking Features Asphalt

Fence Fence - Partial

Waterfront Description Lake Privileges,Lake/Pond

Roof Type Asphalt Shing

Building

Lot Description Urban,Rectangular,Arts Centre,Beach,Park,Place of Worship,Public Transit,School Bus Route,Schools,Shopping Nearby,Trails,Other

Foundation Concrete Block,Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Vinyl Siding

New Construction No

Schools

Elementary Schools Hillcrest-Barrie P.S./St. John Vianney C.S.

High Schools Innisdale S.S./St. Peter'S Catholic S.S.

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