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Royal LePage
Royal LePage
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$1,099,000

Barrie (Wellington) ON, L4M 3K7

MLS® # S12434721

Property Information:

Welcome to 3 Peel Street, a unique and versatile property offering strong income potential in a sought-after downtown location. Situated on a spacious corner lot,this legal 4-plex also includes a detached in-law suite carriage house, offering a total of 5 self-contained units, all within walking distance to the library, farmers market, transit, and local amenities. The focal point is a red brick century home full of character, featuring distinctive gable details and timeless curb appeal. Inside,the property blends historic charm with functional living across multiple rental units. Unit 1, on the main floor, is a 3-bedroom suite with a separate powder room and a dedicated bath/shower room. Unit 2, in the detached carriage house, offers two bedrooms, a living room, kitchen, and a 4-piece bathroom, ideal for tenants seeking added privacy. Unit 3 is a 1- bedroom with new flooring and a refreshed 3-piece bathroom. Unit 4 is a spacious 1-bedroom with an eat-in kitchen, separate living room, full 4-piece bathroom, and fresh paint with new floors. Unit 5 features one bedroom, a galley-style kitchen, separate living room, and a 3-piece bath. Recent upgrades include electrical and plumbing inspections, a new pressure booster for the water system, and two new rental hot water heaters. The property offers parking for multiple vehicles and detached garage space for tenant storage. 4 out of the 5 units are currently tenanted. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Exterior Finish: Wood, Brick
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Stone
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 6
  • Half Bathrooms: 2
  • Features:
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 116.8 Feet
  • Lot Frontage: 92.3 Feet
  • Lot Size: 92.4 x 116.9 FT
  • Utility Type: Sewer - Installed, Cable - Installed, Hydro - Installed
  • Zoning: RM2
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 6

Rooms:

  • Dining 2nd Level 1.92 m x 3.79 m
  • Living 2nd Level 3.08 m x 3.70 m
  • Bedroom 2nd Level 2.26 m x 3.49 m
  • Kitchen 2nd Level 4.36 m x 2.49 m
  • Living 2nd Level 4.99 m x 4.62 m
  • Bedroom 2nd Level 2.95 m x 3.74 m
  • Kitchen 2nd Level 3.10 m x 3.79 m
  • Kitchen 3rd Level 2.76 m x 3.68 m
  • Living 3rd Level 4.10 m x 3.96 m
  • Bedroom 3rd Level 2.77 m x 3.64 m
  • Kitchen Main Level 3.61 m x 3.99 m
  • Living Main Level 4.23 m x 4.67 m
  • Bedroom Main Level 3.26 m x 2.38 m
  • Bedroom Main Level 2.78 m x 3.98 m
  • Bedroom Main Level 2.46 m x 4.03 m
  • Kitchen Main Level 4.75 m x 2.26 m
  • Living Main Level 5.04 m x 6.11 m
  • Bedroom Main Level 4.25 m x 2.96 m
  • Bedroom Main Level 2.65 m x 3.95 m

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⚠ Potential Investment Performance

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Location of 3 PEEL STREET, Barrie (Wellington), Ontario, L4M 3K7

Demographic Information of 3 PEEL STREET, Barrie (Wellington), Ontario, L4M 3K7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$82,263.98

Average Number of Children

1.44

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.03 %

High school certificate or equivalent

32.9 %

Apprenticeship trade certificate/diploma

6.26 %

College/non-university certificate

25.58 %

University certificate (below bachelor)

0.25 %

University Degree

16.98 %

Commuter

Travel To Work

By Car

80.18 %

By Public Transit

6.34 %

By Walking

7.68 %

By Bicycle

0.0 %

By Other Methods

5.8 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

64.49 %

Houses

35.51 %

Own Vs. Rent

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