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108 John Street, Barrie, ON L4N 2K8

$499,999
: 3
BD
: 2
BA
: 1,500
SqFt

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List Price: $499,999
MLS#: S14102230
Status: ACTIVE
Type: Multifamily
SubType: Duplex
Style: 2-Storey
Bedrooms: 3
Bathrooms: 2
Living Area: 1500-2000
Province: ON
Municipality: Barrie
Area: Simcoe
Neighborhood: Sanford
Subdivision: Anne St S/John St

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Property Description

LEGAL DUPLEX WITH TWO VACANT UNITS, SEPARATE HYDRO METERS & UPDATED MECHANICALS! For investors looking to expand their portfolio, 108 John Street offers potential rental income, quick occupancy and the opportunity to establish new tenancies without assuming existing leases. Situated in Barrie's established Sanford neighbourhood, just minutes from downtown and the waterfront, the property is close to restaurants, shopping, Centennial Beach and Allandale Waterfront GO Station, with quick access to Highway 400. The two-storey home is configured into two self-contained units, each with its own kitchen and living room. Unit A occupies the main and second floors, offering two bedrooms and a 3-piece bathroom, while Unit B is located entirely on the main floor with one bedroom and a 4-piece bathroom. Both units have been freshly painted, while separate hydro meters allow electricity usage to be tracked individually. A newer furnace, air conditioning, washer and dryer are already in place, along with three parking spaces and a backyard storage shed. Rather than inheriting an established rental operation, investors have the freedom to determine how this property fits into their portfolio.

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Additional Information

Taxes: $4,329
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Family Room: Yes
Kitchens: 2
Exterior: Aluminum Siding
Garage Type: None
Pool: None
Parking Spaces: 3
Parking Type: Private