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3 Peel Street, Barrie, ON L4M 3K7

Barrie, ON, L4M 3K7 · Wellington

8 Beds
6 Baths
Sq Ft
6 Parking
Multiplex Type
S13008160 MLS#

About this property

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.

Features & Amenities

  • Basement: Partial Basement, Unfinished
  • Garage: Detached
  • Cooling: None
  • Heat Type: Radiant
  • Heat Source: Gas
  • Style: 2 1/2 Storey
  • Construction: Wood , Brick
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Multiplex
Architectural Style 2 1/2 Storey
Bedrooms 8
Bathrooms 6
Basement Partial Basement, Unfinished
Garage Detached
Parking Spaces 6
Heat Type Radiant
Heat Source Gas
Cooling None
Sewer Sewer
Annual Tax $6,282
Tax Year 2025

Interior Features

Interior Features
Accessory Apartment, In-Law Suite

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
2 1/2 Storey
Construction Materials
Wood , Brick
Foundation Details
Stone
Roof
Asphalt Shingle
Basement
Partial Basement, Unfinished
Approximate Age
100+

Heating & Cooling

Heat Type
Radiant
Heat Source
Gas
Cooling
None
Heating
Yes

Parking & Garage

Garage Type
Detached
Garage
Yes
Parking Spaces
6
Parking Total
6.00
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
116.86
Lot Width
92.41

Financial & Tax

Tax Annual Amount
$6,282
Tax Year
2025
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Sewer
Sewer
Electric on Property
Yes

Room Details

Rooms Above Grade
0
Rooms Total
0
Kitchens Above Grade
5
Kitchens Total
5
Bedrooms Above Grade
8

Additional Details

Occupant Type
Tenant
Direction Faces
East
County Or Parish
Simcoe
Cross Street
Codrington Street and Peel
Directions
Codrington Street To Peel Street
Special Designation
Unknown
Showing Requirements
Lockbox, Showing System

Location

3 Peel Street, Barrie, ON L4M 3K7, Barrie, ON, L4M 3K7

Listing courtesy of Royal LePage Locations North
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