158 PENETANG STREET Barrie

158 PENETANG STREET, Barrie, Ontario

$1,425,000

  • 10 Beds
  • 5 Baths

Over $35K of upgrades, including new electric service and chimney removal, will be completed before closing! Professionally managed 5-unit row property, currently all tenant-occupied on a month-to-month basis, generating a total monthly income of $7,459.53. This well-maintained property offers an attractive annual gross income of $89,514.36, making it an excellent investment opportunity. Each of the 2-bedroom units features 1 bathroom, with potential for an additional bedroom and bathroom below gradebuyer or buyer's agent to perform due diligence*. The property boasts a paved driveway completed in 2022 and a newer rear fence, enhancing its curb appeal and functionality. Purpose Built! Each unit is equipped with separate electrical breaker panels, water service, and heating system for convenience and utility efficiency. LOCATION, LOCATION! Ideally situated close to major amenities, including Georgian Mall and Bayfield Mall, the property offers residents ample shopping and dining options. It is also conveniently located near public transit routes and just minutes to Kempenfelt Park, Downtown Barrie, Georgian College, and RVH. This building represents a seamless investment opportunity with strong rental income and professional management ready for assumption if needed, ensuring a stress-free ownership experience. Financial details are available upon request. (id:23309)

  • Listing ID: S9296865
  • Property Type: Multi-family

Schedule a Tour

Schedule Private Tour

Brad Sauve would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact Brad Sauve, who specializes in Barrie real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let Brad Sauve find a property to match your lifestyle.

Rooms

LevelTypeDimensions
Primary Bedroom Second level 4.2 m x 3.01 m
Bedroom Second level 2.93 m x 2.4 m
Kitchen Main level 4.03 m x 2.96 m
Living room Main level 5.21 m x 3.12 m

Details

  • Amenities Nearby: Public Transit, Park, Schools
  • Equipment: Water Heater
  • Features: Irregular lot size, Flat site
  • Parking Spaces: 6
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: NL2

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Dryer, Refrigerator, Stove, Washer
  • BasementType: Full (Partially finished)
  • Basement Development: Partially finished
  • Bedrooms Main Level: 9
  • Bedrooms Lower Level: 1
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 5
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Stories Total: 2
  • Type: Other
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit, Park, Schools
  • Sewer: Sanitary sewer
  • Size Frontage: 76 ft
  • Size Irregular: 76 x 107.26 FT
MLS®

Listing provided by EXP REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 158 PENETANG STREET in Barrie Ontario. It was last modified on September 3rd, 2024. Contact Brad Sauve to schedule a viewing or to discover other Barrie real estate for sale.

Request More Information

Want more information or schedule a showing? Request more information with Brad Sauve, who specializes in Barrie properties.

Terms of Use Agreement

Terms of Use
This website is operated by Brad Sauve, a REALTOR® who is a member of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Brad Sauve, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Brad Sauve may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline