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For Sale

166 Collier Street, Barrie, ON L4M 1H7

$1,149,500

166 Collier Street, Barrie — MLS S12917266
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Beds
5
Baths
4
Sqft
2500-3000
Type
Fourplex
Style
2-Storey
Parking
5
Heating
Forced Air
A/C
Central Air
Basement
Partial Basement, Exposed Rock
MLS®
S12917266

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.

This fourplex sits in Codrington, 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 SUTTON GROUP INCENTIVE REALTY INC..

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