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34 Berczy Street Barrie (City Centre), Ontario L4M 3P7

10875 sqft
Baseboard Heaters

$3,678,900

Updated, purpose-built multiplex walking distance to the beautiful waterfront and Situated within Barrie's Urban Growth Centre making it ideally positioned for strong tenant demand. This well-maintained apartment building features 11 spacious two-bedroom units on a large lot with more than enough parking. Major bonus is the current locker area has potential to convert it to a 12th unit complete with a washroom rough-in. The exterior has been significantly upgraded with a gemstone finishing EIFS system. This boosts durability and visual appeal mimicking natural stone with a textured, mineral-rich surface. It acts like a thermal blanket for the building and stands up to harsh weather making it a smart, stylish choice for long-term performance. The balconies have also been significantly upgraded to this turn key investment gem. Five of the units are being rented below market rent so in time as tenants turnover, there is also significant upside in income opportunity. Residents enjoy easy access to transit and can walk to grocery stores, restaurants, and shopping. A solid investment in one of Barrie's desirable and fast-growing areas. (id:41954)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number S12454766
Property Type Multi-family
Community Name City Centre
Features Irregular Lot Size

Building

Appliances Dryer, Washer
Heating Type Baseboard Heaters
Size Interior 10875 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 170 Ft
Size Frontage 131 Ft ,2 In
Size Irregular 131.2 X 170 Ft
Size Total Text 131.2 X 170 Ft
Zoning Description C2-1

https://www.realtor.ca/real-estate/28972904/34-berczy-street-barrie-city-centre-city-centre

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