166 COLLIER STREET,Barrie (Codrington),Ontario,L4M1H7

$1,249,500

166 COLLIER STREET,Barrie (Codrington),Ontario,L4M1H7

Rare opportunity to own a money making 4-plex in an amazing area of Barrie. The property is fully tenanted, all tenants want to stay and love it here. The property runs smoothly with low maintenance fees. . The NET operating income is approximately $65,000 a year! That's over a 5.2% cap rate. All tenants are amazing and take care of the place. The location is sought after by tenants and this property has had no vacancies for over a decade. (Except when owner was renovating) All units have access to laundry. (One set is shared by 3 units, other unit has it's own). Property has just had a new roof done (June 2025) as well as some new eaves and down spouts. Potential to push back retaining wall at back and add even more value. Come have a look, you won't be disappointed. LA is owner. (id:63658)

PROPERTY SUMMARY

MLS® #	:	S12917266
Listing price	:	$1,249,500
Listed on	:	31-03-2026
Property subtype	:	For sale
Square footage	:	2500 sqft
Year built	:	0000
Listing office	:	SUTTON GROUP INCENTIVE REALTY INC.

BEDROOM & BATHROOM

Total bedrooms	:	5 Bedrooms
Total bathrooms	:	4 Bathrooms

BUILDING

Building type	:
Parking	:	No Garage

Community location

Neighbourhood Highlights

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