3 Peel Street, Barrie, ON L4M 3K7
$1,099,000
8
6
3500-5000
Multiplex
2 1/2 Storey
6
Radiant
None
Partial Basement, Unfinished
S13008160
Welcome to 3 Peel Street, a unique and versatile property offering strong income potential in a sought-after downtown location. Situated on a spacious corner lot,this legal 4-plex also includes a detached in-law suite carriage house, offering a total of 5 self-contained units, all within walking distance to the library, farmers market, transit, and local amenities. The focal point is a red brick century home full of character, featuring distinctive gable details and timeless curb appeal. Inside,the property blends historic charm with functional living across multiple rental units. Unit 1, on the main floor, is a 3-bedroom suite with a separate powder room and a dedicated bath/shower room. Unit 2, in the detached carriage house, offers two bedrooms, a living room, kitchen, and a 4-piece bathroom, ideal for tenants seeking added privacy. Unit 3 is a 1- bedroom with new flooring and a refreshed 3-piece bathroom. Unit 4 is a spacious 1-bedroom with an eat-in kitchen, separate living room, full 4-piece bathroom, and fresh paint with new floors. Unit 5 features one bedroom, a galley-style kitchen, separate living room, and a 3-piece bath. Recent upgrades include electrical and plumbing inspections, a new pressure booster for the water system, and two new rental hot water heaters. The property offers parking for multiple vehicles and detached garage space for tenant storage. 4 out of the 5 units are currently tenanted.
This multiplex sits in Wellington, 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 Royal LePage Locations North.
This listing content is provided by the originating MLS® system and is displayed here under IDX rules while the listing is active. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Information is deemed reliable but is not guaranteed accurate; listing data is not to be altered and ceases to be displayed when the listing is no longer active.