116 Maple Avenue

About This Property

Calling all investors looking to add to their portfolio: this 2-storey legal triplex located in central Barrie with RM2 zoning is ideally situated just a short walk to the downtown core, the beautiful waterfront, marina, library, public transit and all amenities. Building has had recent upgrades, including a concrete walkway and fencing, and unit 2 has been renovated with new flooring. Building also offers a separate room for coin laundry as additional income. The three well-appointed units include two 2-bed units and one 1-bed unit, all offering large windows allowing for plenty of natural light and seasonal views of Kempenfelt Bay. Your tenants will appreciate the oversized driveway with parking for up to 4 cars and the private lot surrounded by mature trees, with Barrie's iconic Spirit Catcher in view from the driveway. Two existing long-term tenants are month-to-month and would like to stay; the Unit 2 tenants are on a one-year lease. Tenants pay their own hydro, and an efficient natural gas hot water boiler system heats the property.Please note: interior photos were taken prior to the current tenants moving in.