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Triplex99 days on market

$699,500

9 Penetang Street, Barrie, ON L4M 1V5

Codrington · Barrie · L4M 1V5

Listing brokerage: RE/MAX HALLMARK CHAY REALTY

Beds
5
Baths
4
Sq ft
2500-3000
Parking
6

About this home

Income-producing legal triplex situated on an approximately 66 ft x 132 ft RM2-zoned lot in one of Barrie's most historic neighbourhoods. This substantial circa-1888 red-brick property offers approximately 3,050 sq. ft. of living space comprised of two spacious 2-bedroom units and one large 1-bedroom unit, making it an excellent addition to an investment portfolio. Significant renovations and updates were completed in 2013 while preserving the property's character and charm. Located on historic Court House Hill and once home to former Barrie Alderman Edward Tyrer, this unique property offers investors the rare opportunity to own an income-producing asset with historical significance and long-term potential. Gutters and downspouts have been repaired. Updated photos to come.

Details

Interior

Bedrooms
5
Bathrooms
4
Washrooms
1 × 3-piece (Main), 2 × 3-piece (Second), 1 × 3-piece (Ground)
Kitchens
3
Rooms
13
Size
2500-3000 sq ft
Basement
Partial Basement
Features
On Demand Water Heater, Sump Pump

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
None, Window Unit(s)

Parking

Garage
None
Total spaces
6
Covered spaces
0
Features
Private, Front Yard Parking

Exterior & Lot

Style
2-Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Stone
Lot size
65.25 × 128 feet
Faces
East
Pool
None

Utilities

Sewer
Sewer

Taxes & Fees

Property taxes
$6,222 (2026)
HST
Not Subject to HST

Listing

MLS® number
S13533376
Type
Triplex
Transaction
For Sale
Neighbourhood
Codrington
Cross streets
Mulcaster and Codrington
Possession
30-59 days

History

Past listings and sales for this home and building.

Location

9 Penetang Street, Barrie, ON L4M 1V5 · Near Mulcaster and Codrington

Monthly cost

Estimated monthly cost

$3,616/mo

Mortgage
$3,097
Property tax
$519
Down payment$139,900 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

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