3 East Street
Wellington / Barrie, ON L4M 2N3
About This Property
Solid brick triplex in a desirable, quiet Barrie neighbourhood, offering an excellent opportunity for investors looking to expand their portfolio and unlock future value. This well-maintained property features two 2-bedroom units and one 1-bedroom unit, all currently tenanted. The standout feature is the exceptionally large lot, offering exciting potential for an even larger future redevelopment or the possibility of adding an even larger 4 STOREY additional income-producing rental building on the property (subject to municipal approvals and due diligence). Additional features include paved parking for numerous vehicles, coin-operated laundry, all appliances: refrigerators and stoves, and efficient heating. Conveniently located close to Bayfield Street, downtown Barrie, shopping, transit, amenities and major commuter routes. Please allow a minimum of 48 hours notice for all showings. Do not approach or disturb tenants directly.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® S13586364
Listed by RE/MAX REALTRON REALTY INC.
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
Mortgage Estimate
Est. Monthly Payment
$5,372
/month · $880,080 mortgage
Amortization
Total Interest
$731,500
Total Cost
$1,611,580
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX REALTRON REALTY INC.




























