134 Napier Street
Codrington, Barrie, L4M 1W5
FOR SALE
$999,900
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4 + 1
BEDROOMS 3
BATHROOMS 2 + 1
KITCHENS 8 + 3
ROOMS S14162968
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Property Description
LEGAL TRIPLEX IN A PRIME BARRIE LOCATION WITH A MASSIVE 55 X 165 FT LOT! Situated in a convenient Barrie neighbourhood close to the lake, downtown, restaurants, schools, shopping, highway access, and a wide range of everyday amenities, this income-generating property offers an exceptional opportunity for investors or those looking to offset their mortgage with rental income. Set on an expansive lot, the property features a large fenced backyard with plenty of outdoor space, along with ample parking for five vehicles. Inside, the legal triplex consists of three self-contained units, each separately metered and offering its own kitchen, living area, and full bathroom. The main floor and upper-level units each feature two bedrooms, while the lower-level unit offers one bedroom, providing a versatile mix of living spaces. One unit is currently vacant, presenting an opportunity for an owner-occupant or investor to secure a tenant of their choice. Numerous updates add to the appeal, including a newer roof, windows, front door, and boiler, with two units also featuring AC wall units. All three have been renovated and tastefully updated, including improvements to plumbing and electrical, with convenient shared coin-op laundry available. Fire inspections are completed annually every December, adding another layer of confidence for prospective owners. A fantastic opportunity to own a well-maintained legal triplex in a sought-after Barrie location with plenty of space, convenient amenities, and income potential!
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Property Features
Arts Centre, Beach, Library, Park, Public Transit, School Bus Route, Separate Heating Controls, Separate Hydro Meter, Private, Unreserved, Carbon Monoxide Detectors, Smoke Detector
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Property Details
Address
134 Napier Street
Community
City
Postal Code
L4M 1W5
Property Type
Triplex, Triplex
Zoning
R2
Lot Size
55' x 165'
Acreage
0.2 Feet
Taxes
$6,310 (2026
Basement
Full, Finished
Exterior
Year Round Living
Heat Type
Other
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
None
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Listing contracted with Re/Max Hallmark Peggy Hill Group Realty
Excellent Investment Opportunity in Barrie! Attention Investors! Discover this fantastic income-generating property in a desirable and convenient Barrie location! This well-maintained, renovated multi-unit property offers bright and inviting one-bedroom apartments, each featuring a functional layout, updated finishes, comfortable living spaces, and plenty of natural light. Three units are currently occupied by reliable, established tenants, providing immediate rental income, while **Unit C is vacant and ready for showings**, offering excellent flexibility for future rental opportunities or potential owner occupancy, subject to applicable requirements. The property boasts **beautifully landscaped grounds, mature trees, lush greenery, and attractive outdoor surroundings**, creating a peaceful and welcoming atmosphere. The interlock parking area adds both functionality and curb appeal, complementing the property's charming exterior. Conveniently situated close to downtown Barrie, shopping, restaurants, public transit, parks, and the beautiful waterfront, this property combines investment potential with an excellent location. A fantastic opportunity for savvy investors looking to expand their real estate portfolio with a renovated, income-generating property featuring established tenants, attractive landscaping, and excellent curb appeal!** Don't miss this exceptional investment opportunity - book your private showing today!
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