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
$899,999
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
Legal Duplex with Secondary Garden Suite - Prime Investment in BarrieWelcome to this exceptional legal duplex with an additional secondary garden suite, located in one of Barrie's most mature and desirable neighbourhoods. This versatile property offers a rare opportunity for both investors and families alike.For investors, this home is a true income generator with multiple self-contained units that can deliver strong rental returns. For families, it's the perfect chance to live in the spacious main unit while renting out the additional suites-helping to offset your mortgage and enjoy significantly lower carrying costs.This charming bungalow sits on a generous lot and is ideally positioned close to major highways, top-rated schools, public transit, and shopping, making it convenient for tenants and owners alike. The surrounding neighbourhood is quiet, family-friendly, and well-established, offering the best of suburban living with easy access to everything Barrie has to offer.Whether you're looking for a smart investment or a home that helps pay for itself, this property checks all the boxes. (id:39198)
Location
Province
Ontario
City
Barrie
Address
Ottaway
Postal Code
L4M2X1
Location Highlights
N/A
Listed by
REAL BROKER ONTARIO LTD. 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
$899,999
Asking Price
$899,999
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.
