13 HENRY STREET,Barrie (Queen's Park),Ontario,L4N1C5
For sale
$650,000
13 HENRY STREET,Barrie (Queen's Park),Ontario,L4N1C5
Located in downtown Barrie, this LEGAL TRIPLEX offers a strong investment opportunity with immediate income and future growth potential. The property is easy to rent, generates positive cash flow, and presents excellent potential for additional units and increased revenue.One unit is currently vacant, providing flexibility for an investor to set market rent or for owner-occupancy. All existing tenants are on month-to-month leases, offering added flexibility.Unit Breakdown: Unit 1: 1-bedroom (vacant) - estimated market rent ~$1,600/month; Unit 2: 2-bedroom - $1,681/month; Unit 3: Studio - $1,943/month( All units are all-inclusive). 2025 Annual Expenses:Water: $1,404.89; Hydro: $2,675.84; Gas: $2,873.60. An added bonus is the generous lot size, offering significant development potential. Take advantage of Bill 23, More Homes Built Faster Act, 2022, which may allow for additional residential units, maximizing long-term value and income. (id:63658)
PROPERTY SUMMARY
| MLS® # | : | S13055392 |
| Listing price | : | $650,000 |
| Listed on | : | 07-05-2026 |
| Property subtype | : | For sale |
| Square footage | : | 1600 sqft |
| Year built | : | 0000 |
| Listing office | : | RE/MAX By The Bay Brokerage |
BEDROOM & BATHROOM
| Total bedrooms | : | 4 Bedrooms |
| Total bathrooms | : | 0 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : |
Community location
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