166 Collier Street, Barrie, ON L4M 1H7, Barrie, ON, L4M 1H7
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.
Quick Facts
- Property Type: Fourplex
- Style: 2-Storey
- Bedrooms: 5 (5 above)
- Bathrooms: 4
- Parking: 5.0 spaces (Private Double)
Costs
- Annual Taxes: $5,887.00 (2025)
Listing Provided by: SUTTON GROUP INCENTIVE REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: Central Air
- Basement: Partial Basement, Exposed Rock
Exterior & Construction
- Style: 2-Storey
- Roof: Asphalt Shingle
- Construction: Brick
- Foundation: Stone
- Sewer: Sewer
Lot & Land
- Pool: None
- Zoning: RM2
Community & Neighbourhood
- Neighbourhood: Codrington
Listing Information
Listing History
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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166 Collier Street, Barrie, ON L4M 1H7, Barrie, ON, L4M 1H7