$914,000
For sale: Multiplex

INVESTORS! Three fully self-contained renovated rental units - each well-appointed with large kitchen, 4-piece bath and in unit laundry. Looking for an investment property in Barrie? Looking to develop or build your real estate portfolio - live in one unit and rent out two? This is the property that will meet your needs! Principal detached residence with legal 2nd suite, and detached Coach House are centrally located in Barrie and close to all key amenities - public transit, commuter routes, GO Train, shopping, restaurants, entertainment, all season recreation. Principal residence offers a lower level legal 2nd suite. Coach House is a self-contained rental unit. There are 3 separate living units on this property - Main Floor Unit (3 bedrooms, 1 x 4pc bath) - Lower Level Unit (2 bedrooms, 1 x 4pc bath) - Detached Coach House Unit (2 Bedrooms, 1 x 4pc Bath). Each unit is well-appointed with kitchen and laundry - fridge, stove, washer and dryer, included. Main house is heated with gas. Coach house has electric heat.
Sold data
Multiplex homes in Barrie (Wellington) took a median of 33 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 55, across 45 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 99 days.
The median sale price was $699,900.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 45 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Barrie (Wellington) has 49 Fraser Institute–rated schools (39 elementary and 10 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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