166 Collier Street, Barrie, ON
Description
Property Highlights
Welcome to this remarkable ["2-Storey"] fourplex located in the coveted neighborhood of Codrington. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,249,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 70 x 165 ft lot
- Features a ["partial basement", "exposed rock"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Water Softener
- equipped with ["central air"] central cooling and highly efficient forced air heating via gas
Rare opportunity to own a money making 4-plex in an amazing area of Barrie. The property is fully tenanted, all tenants want to stay and love it here. The property runs smoothly with low maintenance fees. . The NET operating income is approximately $65,000 a year! That's over a 5.2% cap rate. All tenants are amazing and take care of the place. The location is sought after by tenants and this property has had no vacancies for over a decade. (Except when owner was renovating) All units have access to laundry. (One set is shared by 3 units, other unit has it's own). Property has just had a new roof done (June 2025) as well as some new eaves and down spouts. Potential to push back retaining wall at back and add even more value. Come have a look, you won't be disappointed. LA is owner.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 166 Collier Street, Barrie, ON L4M 1H7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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