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405 MAPLEVIEW Drive W, Barrie, Ontario, L4N9G4
Bathrooms2 Bedrooms5
Property TypeMulti-family Lot Size0.27 acres
Building Area976

Currently tenanted as a single family dwelling, this property provides the opportunity to convert this investment into two seperate residential dwellings - an upper 3-bdrm unit, and a lower 2-bdrm unit, already configured each with their own kitchen and bathroom, seperate entrances and shared laundry facilities. The large lot also boasts a workshop of over 800SF with heat and hydro, and soon to be running water and a 3-pc bathroom - separately tenanted at great rates andwho are willing to stay! Value add opportunity to build a garden suite in place of the shed for increased income, which is permitted by the City of Barrie. Currently a 3.7% cap rate with proforma cap rate of 6.03% (id:35071)


Details
GarageYes CarportNo
Attached GarageYes Open ParkingNo
Parking Total7 WaterfrontNo
Construction MaterialsWood frame Frontage Length60 ft
ViewNo
Building
Cooling TypeCentral air conditioning CoolingYes
HeatingForced air Levels2
Number Of Units Total2 PoolNo
SewerMunicipal sewage system Stories2

Listing Office: Maven Commercial Real Estate Brokerage

Data Provided by Barrie & District Association of REALTORS® Inc.

Last Modified :14/07/2021 01:58:30 PM

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