100 Sophia Street W
Barrie, ON
MLS® 40332488
Excellent investment opportunity! Legal 4-plex, (1-2 bedroom unit, 3-1 bedroom units) on large lot located in the heart of Barrie. Only minutes to the waterfront & beach, downtown, GO station, shopping, dining, Queen's Park, MacLaren Art Centre, Library etc. Well maintained & updated, purpose built multi unit building with lots of paved parking & solid brick construction. Great opportunity to invest in Barrie's desirable "Lakeshore" district which is going through a major rejuvenation with thousands of new condos planned for the area. Large 66 x 132 ft lot with possibility to build additional units or perhaps a secondary dwelling/garden suite?? (Buyer is to satisfy himself with the City of Barrie and/or other Governmental authorities as to any future use.) Rarely a vacancy with current annual income of $65,058.96. (plus some laundry income...coin operated washer & dryer not owned) Taxes - $5,860, insurance -$2,680. snow & lawn - $2,125, repairs & paint, appliances repairs etc. - $2,051, water -$1210., hydro -$1733., gas -$1236. Please note one Realtor is a shareholder of the Seller Corporation. Please do NOT go directly to the property and disturb the Tenants. One party is excluded from this Listing Agreement.
Property Details
Parking Total
6
6
Property Type
Residential
Residential
Rental Equipment Type
Hot Water Heater
Other
Hot Water Heater
Other
Road Type
Paved
Paved
Community Features
Urban
Rectangular
Arts Centre
Beach
City Lot
Greenbelt
Landscaped
Library
Marina
Park
Place of Worship
Playground Nearby
Public Parking
Public Transit
Shopping Nearby
Building
Appliances
Refrigerator
Stove
Refrigerator
Stove
Basement Type
Full
Finished
Full
Finished
Building Type
Multi-4 Unit
Multi-4 Unit
Construction Materials
Brick
Other
Brick
Other
Security Features
Other
Other
Heating
Natural Gas
Hot Water-Other
Other
Natural Gas
Hot Water-Other
Other
Roof
Asphalt Shing
Asphalt Shing
Sewer
Sewer (Municipal)
Sewer (Municipal)
Stories
1
1
Water Source
Municipal-Metered
Municipal-Metered
Building Amenities
High Speed Internet
Other
Land
Lot Depth
132 ft
132 ft
Lot Front
66.00 ft
66.00 ft
Acres
< 0.5 Acres
< 0.5 Acres
Zoning
RM2
RM2
HoodQ
Walk Score
Royal LePage First Contact Realty Brokerage
Royal LePage First Contact Realty Brokerage
Royal LePage First Contact Realty Brokerage
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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Not intended to solicit Sellers or Buyers currently under written contract with another REALTOR®. All measurements are approximate deemed to be from reliable sources, however buyer and buyer's agent to do their own due diligence. All information is deemed reliable but not guaranteed.
Last Updated: 2023-03-28 14:59:13