166 COLLIER STREET, Barrie, Ontario
$1,249,500
- 5 Beds
- 4 Baths
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. . The NET operating income is approximately $65,000 a year! That's over a 5.2% cap rate. 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:50212)
- Listing ID: S12917266
- Property Type: Multi-family
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Listing provided by SUTTON GROUP INCENTIVE REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 166 COLLIER STREET in Barrie Ontario. It was last modified on March 24th, 2026. Contact The TanTeam to schedule a viewing or to discover other Barrie real estate for sale.