277 Grove St E, Barrie, Ontario

Multi-Family for Sale in Barrie

277 Grove St E, Barrie, ON

  • CA$1,299,900
  • 5+4 BEDS
  • 4 BATHS
  • 7,402.64 sq.ft. Land
  • CA$1,299,900

Multi-Family for Sale in Barrie

277 Grove St E, Barrie, ON

  • CA$1,299,900
  • 5+4 BEDS
  • 4 BATHS
  • 7,402.64 sq.ft. Land
  • CA$1,299,900

Key Facts

  • MLS® #: S12312231
  • Property ID: SIRC2739028
  • Property Type: Residential, Triplex
  • Lot Size: 7,402.64 sq.ft.
  • Bedrooms: 5+4
  • Bathrooms: 4
  • Additional Rooms: Den
  • Parking Spaces: 6
  • Listed By:
  • EXP REALTY

Property Description

Great Investment Property (Over 3,500 sq ft Of Living Space) With Very High Rental Income! Perfect For Investor Or You Can Move Into One Unit And Have Other Units Pay Your Mortgage! Garden Suites With A Basement Are No Longer Permitted To Be Built In Barrie So This Property Is A Unicorn. Basement Of Garden Suite Has A Legal Egress Window And Is Roughed-In (Kitchen & Laundry Hook-Ups) For A Separate Unit (Including Fire & Soundproofing Insulation And Fire-Rated Drywall--See Photos) And Has A Separate Entrance That Could Easily Be Closed Off To Make It Exclusive. Buyer To Do Due Diligence With City About Allowance Of 4th Unit. Property Has 6 Paved, Legal Parking Spaces (4/Front, 2/Back). Lower Unit Of Main House And Garden Suite Unit Were Both Built After 2018, So They Are Not Subject To Rent-Control Guidelines. Each Unit Has Its Own Hydro Meter. Garden Suite Also Has Its Own Gas & Water Meters. Each Unit Has Its Own Private Entrance, Is Completely Self-Contained And Has Its Own Laundry Unit. All Units Have Newer Appliances (All Less Than 3 Years Old), Quartz Countertops, Modern Kitchens & Bathrooms, And Luxury Vinyl Plank Flooring Throughout. Close to Hospital, Highway, Schools, Shopping, Public Transport and More! Unit A (Will Be Vacant Oct 1st - Upper: 3 Bed/1 Bath) Pays Own Hydro & 60% Gas & Water Of Main House. Unit B (Lower: 2 Bed/1 Bath) Pays Own Hydro & Is Inclusive Gas & Water. Unit C (Garden Suite: 4 Bed/2 Bath) Pays All Utilities & 33% Of Snow Removal. Net Operating Income (Income After Expenses): $73,230.61/year

Downloads & Media

Listing Agents

EXP REALTY

Request More Information

*Showing requires confirmation from agent.

Request More Information

*Showing requires confirmation from agent.

Location

277 Grove St E, Barrie, Ontario, L4M 2R2 Canada

Around this property

Information about the area within a 5-minute walk of this property.

Request Neighbourhood Information

Learn more about the neighbourhood and amenities around this home

Request Now

Payment Calculator

mo.* estimated monthly payment based on:
  • $
  • %$
  • %
  • Principal and Interest 0
  • Property Taxes 0
  • Strata / Condo Fees 0
* This payment calculator’s purpose is to provide a rough estimate for planning and educational purposes only. It should not be used as your sole source of information for financial planning purposes. This tool does not offer a loan nor does it solicit your information, it is also not financial or legal advice. Please contact a qualified professional for your financial advice. No responsibility or liability whatsoever can be accepted by Sotheby’s International Realty Canada or Sotheby’s International Realty Affiliates for any loss or damage resultant from any use of, reliance on or reference to the contents of this payment calculator.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.
Home/Ontario/Barrie/MLS® S12312231