$1,099,000
Available - For Sale
Listing ID: S12227623
3 Peel Stre , Barrie, L4M 3K7, Simcoe


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 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 generous 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 six vehicles and garage space for tenant storage. Witht hree of the five units currently vacant, this is a prime opportunity to set new rental rates and maximize return.
Price $1,099,000
Taxes: $6282.30
Occupancy: Tenant
Address: 3 Peel Stre , Barrie, L4M 3K7, Simcoe
Acreage: < .50
Directions/Cross Streets: Codrington Street To Peel
Rooms: 0
Bedrooms: 8
Bedrooms +: 0
Family Room: F
Basement: Partial Base, Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 11.84 13.09
Room 2 Main Living Ro 13.87 15.32
Room 3 Main Bedroom 10.69 7.81
Room 4 Main Bedroom 9.12 13.05
Room 5 Main Bedroom 8.07 13.22
Room 6 Main Kitchen 15.58 7.41
Room 7 Main Living Ro 16.53 20.04
Room 8 Main Bedroom 13.94 9.71
Room 9 Main Bedroom 8.69 12.96
Room 10 Second Kitchen 10.17 12.43
Room 11 Second Dining Ro 6.3 12.43
Room 12 Second Living Ro 10.1 12.14
Room 13 Second Bedroom 7.41 11.45
Room 14 Second Kitchen 14.3 8.17
Room 15 Second Living Ro 16.37 15.15
Washroom Type No. of Pieces Level
Washroom Type 1 2 Main
Washroom Type 2 4 Main
Washroom Type 3 4 Second
Washroom Type 4 3 Second
Washroom Type 5 3 Third
Total Area: 0.00
Approximatly Age: 100+
Property Type: Multiplex
Style: 2 1/2 Storey
Exterior: Wood , Brick
Garage Type: Detached
Drive Parking Spaces: 6
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Imran Gondal
Broker
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416-828-6614
Bus:
905-270-2000
Fax:
905-270-0047
 
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At a Glance:
Type: Freehold - Multiplex
Area: Simcoe
Municipality: Barrie
Neighbourhood: Wellington
Style: 2 1/2 Storey
Lot Size: x 116.86(Feet)
Approximate Age: 100+
Tax: $6,282.3
Maintenance Fee: $0
Beds: 8
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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