Could this be your chance to step onto the investment ladder, or maybe a smart move for a move-up buyer where you live in one unit and rent the other two? Located in a nice central location but at the end of a dead-end street, this property offers not only three legal units but a good-sized yard. Could you add a fourth unit? The original house has been converted into two apartments, with the upper unit having been recently fully renovated and the main floor unit offering a good-sized living space. This property also has a fully detached one-bed garden suite with a long-term tenant who would like to stay. This lot is large by today's standards, offering a 67 x 165 feet yard. Plenty of space for the budding entrepreneur. There is also a commercial-grade coin-operated washer and dryer for extra income. Close by is access to Highway 400, Anne Street and Essa Road. The property is approximately a 10-minute walk to Kempenfelt Bay with everything that a fantastic beach setting has to offer. You could also walk to the Downtown GO station in approximately 10 minutes, providing many commuting options to Toronto. The property has been well managed, and there are no issues with the current Tenants. Full financials are available, including proof of the legality of the three units. Also note if you are an investor and interested in creating a larger investment portfolio #68 is also for sale @$799,000. Both of these properties are easy to manage with few vacancies over the years.
Address
72 Campbell Avenue
List Price
$775,000
Property Type
Commercial
Type of Dwelling
Investment
Area
Barrie
Sub-Area
Allandale
County
Simcoe
Lot Size Source
GeoWarehouse
Lot Depth
165
Lot Shape
Rectangular
Lot Type
Building
Lot Size Units
Feet
Lot Width
67.5
Approx. Age
51 - 99 Years
MLS® Number
S12090786
Listing Brokerage
KELLER WILLIAMS EXPERIENCE REALTY
Postal Code
L4N 2T4
Tax Amount
$5,454.00
Tax Year
2024
Community Features
Major Highway, Public Transit
Heat Type
Gas Forced Air Closed
Cooling Features
No
Garage Type
None
Security Features
No
Sewer
Sanitary