Nouveau
Prime Multifamily Investment Near Kempenfelt Bay!
1 550 000 $CA
Description
Prime Multifamily Investment Near Kempenfelt Bay! This purpose-built 6-unit building offers a rare, turnkey opportunity just steps from the Allandale Waterfront GO Station and the scenic Barrie waterfront. Meticulously maintained with significant rental upside, this asset has undergone extensive recent capital improvements to minimize future CAPEX. Major upgrades include: a full roof replacement (2023), high-efficiency boiler (2025), and a 2023 common area renovation featuring new flooring, stairs, and fresh paint throughout. Investors will benefit from additional income via the updated on-site coin laundry (2024) and two owned 50-gallon water heaters. Recent unit-specific updates include a full renovation of Unit #3 (2025) and bathroom refreshes in Units #3 and #6. Perfectly positioned on a quiet cul-de-sac style street with ample parking and low vacancy rates, this property provides consistent cash flow with easy access to Highway 400 and Downtown Barrie's vibrant shops and dining. (Note: Unit #2 appliances are tenant-owned). This is a perfect hassle free investment for the prudent investor.
Air conditionnéSous-sol
Engel & Völkers
Votre conseiller: ANDREW DI MATTEO, Salesperson
ID de la propriété: AM-5519426
Détails de la propriété
Type d'objet
Immeuble
Pièces
11
Salles de bains
6
Nombre d'étages
2
Emplacements de parking
6
Propriétés à proximité
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Votre agence
Engel & Völkers
Fournisseur :
13926907 Canada Inc.
Politique de confidentialité du fournisseur
Franchisé Engel & Volkers Canada Inc.