116 Maple Avenue, Barrie, ON L4N 1S4
Barrie, ON, L4N 1S4 · Queen's Park
About this property
Calling all investors looking to add to their portfolio: this 2-storey legal triplex located in central Barrie with RM2 zoning is ideally situated just a short walk to the downtown core, the beautiful waterfront, marina, library, public transit and all amenities. Building also offers a separate room for coin laundry as additional income. The three units include two 2-bed units and one 1-bed unit, all offering large windows allowing for plenty of natural light and seasonal views of Kempenfelt Bay. Tenants appreciate the oversized driveway with parking for up to 4 cars and the private lot surrounded by mature trees, with Barrie's iconic Spirit Catcher in view from the driveway. Building is in need of updating, including new roof, eavestrough and siding, seller has quotes for reference upon serious inquiries.The three existing long-term tenants are month-to-month and would like to stay. Tenants pay their own hydro, and an efficient natural gas hot water boiler system heats the property. Seller may be open to a VTB. Please note: interior photos were taken prior to the current tenants moving in.
Features & Amenities
- Basement: Partial Basement, Partially Finished
- Garage: None
- Cooling: None
- Heat Type: Water
- Heat Source: Gas
- Style: 2-Storey
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 2-Storey |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Lot Size | 0 Feet |
| Basement | Partial Basement, Partially Finished |
| Garage | None |
| Parking Spaces | 4 |
| Heat Type | Water |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $5,972 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Separate Hydro Meter, Water Heater
Exterior Features
- Exterior Features
- Year Round Living
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Vinyl Siding
- Foundation Details
- Concrete Block
- Roof
- Metal
- Basement
- Partial Basement, Partially Finished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Water
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 4
- Parking Total
- 4.00
- Parking Features
- Private Double
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 0.25
- Lot Size Units
- Feet
- Lot Depth
- 132.00
- Lot Width
- 82.51
Community & Neighborhood
- Property Features
- Arts Centre, Beach, Lake/Pond, Library, Marina, Park
Financial & Tax
- Tax Annual Amount
- $5,972
- Tax Year
- 2025
- Tax Assessed Value
- $423,000
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 9
- Rooms Below Grade
- 0
- Kitchens Above Grade
- 3
- Kitchens Total
- 3
- Bedrooms Above Grade
- 5
- Bedrooms Below Grade
- 0
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Simcoe
- Cross Street
- Maple Ave / Wellington St W
- Directions
- South on Bayfield St. West on Wellington St W. South on MapleAve. Property on the Right w/ SIGN.
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
116 Maple Avenue, Barrie, ON L4N 1S4, Barrie, ON, L4N 1S4