$1,075,900
For sale: Multiplex

UNBEATABLE INVESTMENT OPPORTUNITY IN BARRIE'S LAKESHORE DISTRICT - RARE LEGAL MULTIPLEX WITH RELIABLE CASH FLOW & STRONG FUTURE GROWTH POTENTIAL! Outstanding opportunity to acquire a legal income-generating multiplex in one of Barrie's most coveted Lakeshore locations, just steps from Kempenfelt Bay and Centennial Beach. Within walking distance of restaurants, shopping, parks, and Barrie's vibrant downtown core filled with entertainment, community events, and waterfront activities, this property truly delivers on lifestyle and convenience. The location also offers excellent connectivity with quick access to the Allandale Waterfront GO Station, local transit routes, and Highway 400. The main front unit features a charming covered porch, a generous yard, a bright, open eat-in kitchen and living room, three upper-level bedrooms, and a full bath. Comfort is assured with forced-air heating and central air conditioning. Behind it, the rear fourplex offers four well-designed units, each with an eat-in kitchen, open living space, two bedrooms, and a full bath, all heated with electric baseboards. With an extended driveway providing ample parking, separate entrances and utility metres, individual storage for every unit, and all kitchen appliances included, this versatile property generates reliable income with plenty of potential for upgrades and future growth. Properties of this scale and in such a prime location are rarely available - secure this exceptional investment today and reap the rewards for years to come!
Sold data
Multiplex homes in Barrie (Sanford) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 99 days.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 (Sanford) 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.
Currently for sale

$1,200,000
Multiplex558 LANSDOWNE DRIVE, Eastdale, Oshawa

$1,250,000
Multiplex125 SCHLUETER STREET, Cambridge

$1,024,900
Multiplex128 HASKINS POINT ROAD, 824 - Rear of Leeds - Lansdowne Twp, Leeds and the Thousand Islands

$1,424,900
Multiplex71 JOHN STREET E, Bradford, Bradford West Gwillimbury

$1,489,000
Multiplex50 WELLAND AVENUE, 451 - Downtown, St. Catharines

$899,900
Multiplex13 MCMASTER AVENUE, 768 - Welland Downtown, Welland

$1,899,900
Multiplex10-12 SNIDER AVENUE, Briar Hill-Belgravia, Toronto

$1,299,900
Multiplex55 WINNIETT Street, 2071 - Old West Brant, Brantford