94 SANFORD STREET, Barrie (Sanford), Ontario, L4N3C5

Property Description

Opportunity Awaits at 94 Sanford Street, Barrie. Expand your portfolio with this turnkey, 12-unit residential building located in the heart of one of Ontario's fastest-growing rental markets with as little as 10% Down! Priced at a 5.25% CAP and featuring 12 spacious 2-bedroom units, with modern updates and private balconies. En-suite laundry and 12+ dedicated parking spaces. Prime central Barrie-minutes from the Waterfront, Allandale GO Station, and Hwy 400. Positioned in a high-demand area with historically low vacancy rates. 40% of units with significant upside on turnover. Potential to Qualify for CMHC MLI Select. This is a rare chance to acquire a clean, high-yielding asset in a "Primary Growth Centre." Whether you are looking for stable cash flow or long-term appreciation, 94 Sanford delivers. (id:64974)

Quick Facts

• Property Type: Multi-Family
• Bedrooms: None
• Bathrooms: None
• Living Area: 13,400 sq ft (1,244.9 m²)
• Attached: Yes
• Frontage: 103 ft (31.4 m)

Costs

• Annual Taxes: $22,828.00

Listing Provided by: ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.