37 Toronto St

Large purpose built well maintained 12 bedroom 6-plex nestled in the quiet neighbourhood of Barrie, total available 6449sqft. Approx annual gross income of $114,640.00 makes this an attractive opportunity for any investor. 3 of 6 units updated. Each unit has 2 bedrooms with a designated balcony area off the living area on top 4 units. Shared common coin commercial laundry room on the main floor (2021). Expanded parking (2020) spaces for 9 vehicles. Close to parks, schools, public transportation, bus and school routes yet within close proximity to downtown, pubs and waterfront for urban charm, scenic beauty. Good tenants all paid up to date. 3 units under market value. Financials available on request. Easy access to all amenities and Hwy 400.

Proposed 10-unit residential development, with Site Plan Approval. Total GFA 13,454.87 sq. ft. Strategically located just moments from Centennial Park and Lake Simcoe. Enjoy unparalleled convenience with a 2-minute drive to Hwy 400 and a quick 5-minute drive to Downtown Barrie. This is not just a development, but a pathway to substantial gains seize the potential for 10 high-demand housing units, and tap into a lucrative rental income stream. Don't miss out on the chance to invest in a location that combines natural beauty with exceptional accessibility and promising returns!