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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
Royal LePage Locations North |
|
Book Showing | Email a Friend |
Type: | Freehold - Multiplex |
Area: | Simcoe |
Municipality: | Barrie |
Neighbourhood: | Wellington |
Style: | 2 1/2 Storey |
Approximate Age: | 100+ |
Tax: | $6,282.3 |
Beds: | 8 |
Baths: | 6 |
Fireplace: | N |
Pool: | None |