Unknown for 48 Rose St, Barrie Ontario L4M 2T2
24 days on Market

48 Rose St, Barrie, Ontario L4M 2T2

Townhouse
4
4
- sqft
$875,000
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Townhouse
4
4
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,758/mo

Tax Amount (2024)$4,597/yr

Days On Market24 days


Description

Separate hydro meters for each unit: Common Area for Laundry room: Invest in Barrie: 4-Unit Income Property with Steady Cash Flow. Whether starting your real estate journey, expanding your investment portfolio, or looking for a property with rental income to help offset costs, this well-located 4-unit income property in Barrie provides the flexibility and potential you need. Located just minutes from Barrie's picturesque waterfront, this property is ideally situated near Allandale Station and offers easy access to Highway 400, parks, schools, public transit, and the Bayfield Street corridor with shopping and other essential amenities. Property Highlights: Prime Location: Centrally positioned with easy access to local amenities, public transit, and recreational spaces, this property is in high demand among tenants. Fully Rented: With all units currently leased, including two new tenants, you'll enjoy steady cash flow from day one. Income Potential: One of the upper-level 1-bedroom units was recently renovated, providing an opportunity to command higher rents and attract quality tenants. Separate Meters & Utilities Flexibility: Each unit has its own separate meter. Additional Income Opportunity: On-site laundry facilities could be converted into coin-operated machines, providing an extra source of revenue to help offset operating costs. Renovation Potential: Several units could benefit from updates, allowing for increased rental rates and enhanced property value. Accessibility: The property offers excellent access to Highway 400 and is within walking distance of public transit and a wide range of amenities. A solid, fully-rented investment opportunity with room for growth in Barrie's rental market.


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size8,777 SqFt(135.04 x 65)
Parking Spaces8
MLS ®NumberS12013850
Community NameBarrie
Data SourceTRREB
Listing byRE/MAX HALLMARK CHAY REALTY

Features

Heating: Forced Air
Cooling: Other
Basement: Part Bsmt, Sep Entrance

Features

Lot size: 8,777 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

Mar 11, 2025
ListedActive
$875,000
24 days on market
history photo preview14
Listing by trreb®
Property listed by RE/MAX HALLMARK CHAY REALTY, Brokerage

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Population and Demographics

Overview

Total population 139894
Average household income $119,497

Age (%)

0 to 19
23%
20 to 34
21%
50 to 64
20%
35 to 49
20%
65 and plus
16%

Household composition (%)

Single family
67%
Single person
26%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
88%
Others
6%
French
2%
Spanish
2%
Russian
1%

House tenancy (%)

Owners
67%
Renters
33%

Schools and amenities

Estimated Budget