166 COLLIER STREET, Barrie (Codrington), Ontario, L4M1H7
MLS: S12917266 | Fourplex
$1,249,500
Property Description
Rare opportunity to own a money making 4-plex in an amazing area of Barrie. The property is fully tenanted, all tenants want to stay and love it here. The property runs smoothly with low maintenance fees. . The NET operating income is approximately $65,000 a year! That's over a 5.2% cap rate. All tenants are amazing and take care of the place. The location is sought after by tenants and this property has had no vacancies for over a decade. (Except when owner was renovating) All units have access to laundry. (One set is shared by 3 units, other unit has it's own). Property has just had a new roof done (June 2025) as well as some new eaves and down spouts. Potential to push back retaining wall at back and add even more value. Come have a look, you won't be disappointed. LA is owner. (id:64974)
Quick Facts
- Property Type: Fourplex
- Bedrooms: 5 (5 above)
- Bathrooms: 4
- Attached: Yes
- Parking: 5.0 spaces (No Garage)
- Frontage: 70 ft (21.3 m)
Costs
- Annual Taxes: $5,887.00
Listing Provided by: SUTTON GROUP INCENTIVE REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: Partial
- Appliances: Refrigerator, Water softener, Stove, Dryer, Two Washers
- Utilities: Sewer, Electricity
Exterior & Construction
- Exterior: Brick
- Foundation: Stone
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 70 ft (21.3 m)
- Zoning: RM2
Community & Neighbourhood
- Neighbourhood: Codrington
Listing Information
Listing History
MLS listing activity for 166 COLLIER STREET, Barrie (Codrington), Ontario, L4M1H7 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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166 COLLIER STREET, Barrie (Codrington), Ontario, L4M1H7