Tucked away on a quiet dead-end street in a highly convenient central location, this charming three unit property offers a fantastic opportunity for investors or anyone looking to live in one unit while generating rental income from the others. Legally it's a duplex with a third unregistered unit, the property sits on a spacious lot that may offer even more potential, ideal for the savvy buyer with an eye toward the future. There's a possibility to add a garden suite with required permits, creating extra value for those ready to roll up their sleeves and invest some sweat equity. The lower-level one-bedroom unit has been recently renovated and feels bright and inviting,with large windows that bring in plenty of natural light. Both upper units are two-bedroom, above-grade spaces that have been well maintained and are currently home to friendly, long-term tenants who would love to stay. Parking is plentiful, with enough space for all tenants and even a guest spot. Location-wise, it doesn't get much better just a short walk brings you to Kempenfelt Bay, with all the perks of waterfront living, or to the downtown GO station, making commuting to Toronto a breeze. Highway 400, Anne Street, and Essa Road are all easily accessible, putting everything you need within reach. The property has been responsibly managed, with solid tenants and no existing issues. Full financials are available for review, and while the third unit is not warranted for retrofit status, buyers are encouraged to conduct their own due diligence. Whether you're looking to expand your portfolio or get started in real estate with a property full of potential, this one's worth a closer look.
Address
68 Campbell Avenue
List Price
$799,000
Property Type
Commercial
Type of Dwelling
Investment
Area
Barrie
Sub-Area
Allandale
County
Simcoe
Bathrooms
3
Lot Size Source
GeoWarehouse
Lot Depth
170.58
Lot Shape
Rectangular
Lot Type
Building
Lot Size Units
Feet
Lot Width
67.94
Approx. Age
51 - 99 Years
MLS® Number
S12093123
Listing Brokerage
KELLER WILLIAMS EXPERIENCE REALTY
Postal Code
L4N 2T4
Tax Amount
$6,050.00
Tax Year
2024
Community Features
Major Highway
Heat Type
Gas Forced Air Open
Cooling Features
No
Garage Type
Covered
Sewer
Sanitary
