166 Collier Street Barrie, Ontario L4M 1H7
$1,249,500
Rare opportunity to own a money making 4-plex in an amazing area of Barrie. The property is fully tenanted, all tenants want to stay and love it here. The property runs smoothly with low maintenance fees. Rents are as follows: Main Floor Studio: $1429, Main Floor 2-bed: $2000, Upper 1 Bed: $1500 and other upper 1-Bed: $1740. All rents are inclusive. Monthly heating, hydro and water average: $480, insurance: $275. The NET operating income is approximately $65,000 a year! All tenants are amazing and take care of the place. The location is sought after by tenants and this property has had no vacancies for over a decade. (Except when owner was renovating) All units have access to laundry. (One set is shared by 3 units, other unit has it's own). Property has just had a new roof done (June 2025) as well as some new eaves and down spouts. Potential to push back retaining wall at back and add even more value. Come have a look, you won't be disappointed. LA is owner. (id:56248)
Property Details
| MLS® Number | S12917266 |
| Property Type | Multi-family |
| Community Name | Codrington |
| Amenities Near By | Public Transit |
| Equipment Type | Water Heater |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Appliances | Water Softener, Dryer, Stove, Two Washers, Refrigerator |
| Basement Type | Partial |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 165 Ft |
| Size Frontage | 70 Ft |
| Size Irregular | 70 X 165 Ft |
| Size Total Text | 70 X 165 Ft |
| Zoning Description | Rm2 |
Utilities
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29511901/166-collier-street-barrie-codrington-codrington
Interested?
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March 25 2026 01:32:06
Toronto Regional Real Estate Board
Sutton Group Incentive Realty Inc.