Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$698,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
UPDATED LEGAL DUPLEX IN WEST BARRIE - PRIME INVESTMENT WITH LASTING VALUE IN A HIGH-DEMAND LOCATION! Welcome to this outstanding registered legal duplex in West Barrie, offering an exceptional investment opportunity with steady rental income and strong long-term value. Ideally located within walking distance to schools, parks, public transit and the Lampman Lane Community Centre with sports fields, community gardens and a splash pad - plus just minutes to Highway 400, downtown Barrie's shops and services, and the beautiful Kempenfelt Bay waterfront - this property offers exceptional convenience and lifestyle appeal. Enjoy a welcoming front yard with a charming lounge deck, along with a private fully fenced backyard featuring an elevated deck and patio framed by mature trees for added privacy. Inside, the upper level showcases a bright open-concept living and dining area with a newer bay window, a practical kitchen with pantry storage, three spacious bedrooms, and a modernized 4-piece bath with updated tiling, vanity, toilet, and taps. The lower unit offers two generous bedrooms, a full kitchen with a newer electric stove, a 4-piece bath and a large rec room highlighted by a cozy natural gas fireplace and walkout to the backyard patio. Both units enjoy separate entrances and laundry facilities for convenience and privacy. Recent updates to the roof, gutters, deck boards, and hot water heater provide peace of mind, while efficient forced-air gas heating and central air add to the property's overall appeal. With its desirable location, thoughtful updates, and versatile layout, this is a rare opportunity to add a low-maintenance, income-generating property to your portfolio! (id:39198)
Location
Province
Ontario
City
Barrie
Address
Fox
Postal Code
L4N5L6
Location Highlights
N/A
Listed by
RE/MAX HALLMARK PEGGY HILL GROUP REALTY Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$698,000
Asking Price
$698,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
