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For Sale

13 HENRY Street, Barrie, ON L4N 1C5

$650,000

13 HENRY Street, Barrie — MLS S13055392
13 HENRY Street photo 213 HENRY Street photo 313 HENRY Street photo 413 HENRY Street photo 513 HENRY Street photo 613 HENRY Street photo 713 HENRY Street photo 813 HENRY Street photo 9
Sqft
1600
Type
Investment
Style
Accommodation
Parking
6
Heating
Gas Forced Air Closed
A/C
No
MLS®
S13055392

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.

This investment sits in Queen's Park, in Barrie. Barrie is the hub of our home turf: a waterfront city on Kempenfelt Bay with commuter GO service, a growing downtown, and neighbourhoods that range from century homes near the bay to brand-new builds in the south end.

Browse more on our Barrie community page, or see every local listing at our listings search.

Thinking of a move of your own? We list homes across Simcoe County and beyond for a 1% listing commission with full service included. Questions about this property or the market? Contact us or call 705-722-9111.

Listing courtesy of RE/MAX By The Bay Brokerage.

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