48 Rose Street Barrie, Ontario L4M 2T2
$875,000
Invest Smart in Barrie: Turnkey 4-Plex with Strong Cash Flow & Future Upside - Attn Savvy investors and house hackers, here's your opportunity to own a fully tenanted 4-unit income property in one of Barrie's most accessible neighbourhoods. Ideally located near schools, parks, Highway 400, and the bustling Bayfield corridor, this property blends location, long-term value, and immediate income. Property Highlights: Major Capital Improvements Completed (May 2025): Brand new shingles, sub-roof, and eavestroughs major expenses already taken care of. Separate Hydro Meters: Each unit has its own hydro meter giving you more control over utility management. Fully Leased: Enjoy immediate, reliable cash flow from four units including two recently secured tenants. Income Growth Potential: One upper 1-bedroom unit has already been updated. Bonus Revenue Opportunity: On-site laundry could be easily converted to coin-operated for additional income. Tenant-Friendly Location: Steps from transit, parks, schools, shopping, and Barrie's scenic waterfront this is a high-demand rental zone. Accessibility: Easy commuter access to Waterfront/Allandale GO Station and Highway 400.Whether you're starting your portfolio, scaling your investments, or looking to offset your mortgage with rental income this property offers cash flow today and value growth tomorrow. (id:48303)
Property Details
| MLS® Number | S12013850 |
| Property Type | Multi-family |
| Community Name | 400 North |
| EquipmentType | Water Heater |
| Features | In-law Suite |
| ParkingSpaceTotal | 8 |
| RentalEquipmentType | Water Heater |
| Structure | Porch |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| Appliances | Water Heater, Water Meter, Dryer, Stove, Washer, Refrigerator |
| BasementFeatures | Separate Entrance |
| BasementType | Partial |
| ExteriorFinish | Brick |
| FoundationType | Block, Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 135 Ft |
| SizeFrontage | 65 Ft |
| SizeIrregular | 65 X 135 Ft |
| SizeTotalText | 65 X 135 Ft|1/2 - 1.99 Acres |
Utilities
| Cable | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28011801/48-rose-street-barrie-0-north-400-north
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218 Bayfield St, 100078 & 100431
Barrie, Ontario L4M 3B6
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May 09 2025 06:25:10
Toronto Real Estate Board
RE/MAX Hallmark Chay Realty