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$1,249,500
Available - For Sale
Listing ID: S12917266
166 Collier Street , Barrie, L4M 1H7, Simcoe
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.
Price $1,249,500
Taxes: $5,887
Occupancy by: Tenant
Address: 166 Collier Street , Barrie, L4M 1H7, Simcoe
Directions/Cross Streets: Collier/Albert
Rooms: 13
Bedrooms: 5
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Partial Base
Exposed Rock
No. of Pieces Level
Washroom 1:  4 Ground
Washroom 2:  4 Second
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Ground
Washroom 7:  4 Second
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 5
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Square Footage: 2500-3000
Property Features: Library
Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Hydro: Y
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Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP INCENTIVE REALTY INC.

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