3 Peel Street, Barrie, ON L4M 3K7, Barrie, ON, L4M 3K7
MLS: S13008160 | Multiplex
$1,099,000
Property Description
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.
Quick Facts
- Property Type: Multiplex
- Style: 2 1/2 Storey
- Bedrooms: 8 (8 above)
- Bathrooms: 6
- Parking: 6.0 spaces
Costs
- Annual Taxes: $6,282.30 (2025)
Listing Provided by: Royal LePage Locations North
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: None
- Basement: Partial Basement, Unfinished
Exterior & Construction
- Style: 2 1/2 Storey
- Roof: Asphalt Shingle
- Construction: Wood , Brick
- Foundation: Stone
- Sewer: Sewer
Lot & Land
- Pool: None
Community & Neighbourhood
- Neighbourhood: Wellington
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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3 Peel Street, Barrie, ON L4M 3K7, Barrie, ON, L4M 3K7