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Property Description
PRESENTING 61 Janice Drive in Barrie - this MULTI-PLEX three unit property offers you many OPTIONS! INVESTORS! Are you ready to enter into the real estate investment market? Are you looking to add to your existing real estate portfolio? The work has been done for you. Continue to RENT all three rentable units for monthly rental income. LIVE in one unit and rent out the other two units to off-set your own living expenses. The choice is yours! This turn-key multiplex property has three separate rental units - all units currently occupied month-to-month with tenants in good standing. Unit 1 - two bedroom, 4pc bath, laundry, parking. Unit 2 - two bedroom, 4pc bath, laundry, parking. Unit 3 - Coach House - one bedroom, 4pc bath, laundry, parking. Each unit includes fridge, stove, washer, dryer, parking. Private surface parking. See attached for monthly utility expenses. Ideally located close to public transit, GO train service and key commuter routes north to cottage country or south to the GTA. Minutes to amenities such as services, shopping, groceries, entertainment and outdoor recreation. Take a look today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-11-27 | 2019-12-12 | 16 | $450,000 | $442,500 | Sold |
| 2019-11-27 | 2019-12-12 | 15 | $450,000 | $442,500 | Sold |
Extras
Each unit includes fridge, stove, washer, dryer, parking. Private surface parking.
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Triplex, Backsplit 3
Approximate Sq.Ft.
700-1100
Lot Size
37' x 125'
Acreage
< .50
Lot Irregularities
37.27ft x 125.01ft
Fronting
South
Taxes
$5,414 (2024)
Basement
Apartment, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.01' x 8.01' | |
| Living | Main | 8.01' x 16.99' | |
| Br | Main | 14.01' x 10.01' | |
| 2nd Br | Main | 10.99' x 8.01' | |
| Kitchen | Lower | 14.99' x 6.99' | |
| Living | Lower | 18.01' x 10.99' | |
| Br | Lower | 8.99' x 8.99' | |
| 2nd Br | Lower | 14.99' x 10.01' | |
| Kitchen | Flat | 6.99' x 6.99' | |
| Living | Flat | 8.99' x 10.99' | |
| Br | Flat | 10.99' x 8.01' |
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Barrie Market Statistics
Barrie Price Trend
61 JANICE Dr is a 3-bedroom 3-bathroom home listed for sale at $829,900, which is $89,343 (12.1%) higher than the average sold price of $740,557 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Barrie declined by $3,209 (0.4%) compared to the previous 30 day period (November 19 - December 18) and down $28,055 (3.7%) from the same time one year ago.Inventory Change
There were 86 3-bedroom homes listed in Barrie over the last 30 days (December 19 - January 17), which is up 1.2% compared with the previous 30 day period (November 19 - December 18) and up 50.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Barrie typically sold ($9,828) (1.3%) below asking price over the last 30 days (December 19 - January 17), which represents a $7,416 increase compared to the previous 30 day period (November 19 - December 18) and ($14,956) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Barrie over the last 30 days (December 19 - January 17) stood at 68.6%, down from 104.7% over the previous 30 days (November 19 - December 18) and down from 82.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Barrie stood at 33 days when successfully sold over the last 30 days (December 19 - January 17), compared to 86 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Chay Realty
Similar Listings
Attention investors! Legal Triplex in prime location. Fully rented. All units have separate hydro meters and laundries. Unit 1: 1 1/2storey plus basement, 2 bedrooms. Unit 2: 2storey 3 bedrooms , Unit 3: basement 2 bedrooms. Detached Heated Garage. Back Steel Roof.
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CALLING ALL INVESTORS & SAVVY BUYERS TRIPLEX IN PRIME BARRIE LOCATION WITH EXCEPTIONAL INCOME POTENTIAL! Discover this incredible legal non-conforming triplex, ideally situated on a generous 66 x 165 ft lot in the heart of Barrie. This multi-unit gem is zoned RM2 (SP-189), allowing for three or more dwelling units and even potential office use under specific conditions. With ample parking space accommodating ten cars in the driveway and additional room for 10+ vehicles, this property is ready to meet the demands of tenants and owners alike. Inside, you'll find two well-appointed 2-bedroom units and a bachelor unit, each equipped with a bathroom. Unit 1 boasts the convenience of in-suite laundry, while Units 2 and 3 offer shared laundry facilities in a common area. The upgraded main level and newer 200-amp electrical service, paired with updated shingles, provide added peace of mind and functional upgrades. Two of the three units are already tenanted, ensuring immediate income potential and a seamless transition for new owners. Ideally located close to downtown Barrie, this property offers easy access to restaurants, shops, parks, and the beautiful Lake Simcoe waterfront, with Highway 400 and public transit just minutes away. Don't miss your chance to own this centrally located triplex, perfectly designed for those seeking an established, multi-unit property with long-term potential!
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