
Barrie, ON L4N 4W8
Turnkey investment opportunity in central Barrie with reliable income already inplace. Currently tenanted at $2,542/month with an excellent two-year payment history.Ideal for investors seeking immediate rental income, with the flexibility for owner occupancy or future value-add opportunities. The cooperative tenant is willing to stay or vacate with proper notice, offering options for both buy-and-hold investors and renovators. This well-maintained semi-detached home features 3 bedrooms, 1 full bathroom, a main-level walkout to a private fenced backyard, and a large deck. The basement offers strong potential for a future secondary suite conversion, creating additional income opportunities. Major updates include a high-efficiency furnace, updated electrical panel, insulated vinyl siding,updated bathroom, newer front entry door, widened sealed driveway, water softener,hot water tank, air conditioning, and stainless steel appliances. Conveniently located minutes to shopping, schools, parks, public transit, and Highway 400. Rare opportunity to secure a property with stable rental income today and significant future upside potential. Tenant payment history available upon request. All photos were taken prior to the tenant's occupancy.
TRREB MLS® Attribution
MLS® S13248604
Listed by ROYAL LEPAGE SIGNATURE REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,857
/month · $468,000 mortgage
Amortization
Total Interest
$388,990
Total Cost
$856,990
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE SIGNATURE REALTY