All photos · 40

Codrington

134 Napier Street, Barrie, ON L4M 1W5

$1,190,000

Beds

5

Baths

3

Type

Freehold

About this home

Discover a special opportunity to own a well-maintained triplex in Barrie's sought-after East End, nestled in a quiet, tree-lined neighbourhood surrounded by single-family homes on generous lots. Whether you're looking to live in one apartment and rent the others, or you're an investor expanding your portfolio, this property checks every box. Enjoy the flexibility to move in and start earning income right away, from two additional units - or rent out all three and build long-term wealth in one of Barrie's most desirable areas. Two-2 bedroom apartments and one-1 bedroom. One of the two-bedroom units is currently vacant giving you the freedom to select your own tenants and set market rents for this unit from day one. The second two-bedroom unit has been recently rented at market rent. Units are separately metered for hydro. The location is unbeatable, close to Royal Victoria Hospital, Johnsons Beach, Codrington School, East Bayfield Recreation Centre, The Barrie Country Club, beautiful parks, and Downtown Barrie. Its the kind of area that attracts stable tenants and makes residents proud to call home. ** Added Opportunity - explore the potential to add a fourth unit to the property through the addition of an Accessory Dwelling Unit on this generous 55' x 165' lot! ** Opportunities like this don't come along often and when they do, they stay in the portfolio for years. Dont wait to book your viewing, this one wont last long!

Interior

  • · Separate Hydro Meter
  • · Separate Heating Controls
  • · Water Heater

Heating

  • · Radiant

Cooling

  • · Wall Unit(s)

Parking

  • · Private
  • · Unreserved

Basement

  • · Apartment
  • · Full

Room by room

Living Room

Main11'11" × 13'1"

Kitchen

Main11'11" × 15'8"

Bedroom

Main11'9" × 10'11"

Bedroom 2

Main11'9" × 15'11"

Living Room

Second11'11" × 13'1"

Kitchen

Second11'11" × 15'8"

Bedroom

Second11'9" × 10'11"

Bedroom 2

Second11'9" × 15'11"

Living Room

Lower11'11" × 13'1"

Kitchen

Lower11'11" × 15'8"

Bedroom

Lower11'9" × 10'11"

Laundry

Lower11'9" × 15'11"

What it could cost monthly

Estimated monthly

$5,449

Principal & interest, per month


Mortgage amount
$952,000
Down payment
$238,000
Total interest paid
$682,833

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Room measurements deemed reliable but not guaranteed. Some values are sourced as metres and converted to feet for display.

Listing brokerage

ROYAL LEPAGE FIRST CONTACT REALTY

Each office independently owned and operated.