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$799,000
Available - For Sale
Listing ID: S13670094
Excellent opportunity for investors looking to add a multi-unit income property to their portfolio in a central Barrie location. 236 Tiffin Street is currently configured as a six-unit residential property, offering an established multi-residential setup. Located along the Tiffin Street corridor, the property is well positioned for tenants requiring convenient access throughout the city. The location provides easy connectivity to Highway 400, Essa Road, downtown Barrie, the waterfront and surrounding employment and commercial areas. The nearby Allandale area has also become an increasingly important transportation hub, with the new Barrie Allandale Transit Terminal at Essa Road and Tiffin Street providing local and inter-regional transit connections, together with convenient access to the Allandale Waterfront GO Station. For an investor, the combination of six existing units, a central location and access to major transportation routes creates an attractive opportunity at an accessible price point. The surrounding Tiffin/Allandale corridor includes a mixture of residential, commercial and employment uses, while ongoing planning and redevelopment activity in the broader area may provide additional long-term upside. The property is currently configured and utilized as six residential units; however, the existing zoning does not currently recognize/permit the property as a legal six-unit residential use. Buyers are advised to conduct their own independent due diligence regarding zoning and legal use. Property is sold "as is" . The Seller and Listing Brokerage make no representations or warranties regarding the legality of the existing six-unit configuration. An opportunity for the knowledgeable investor to acquire a six-unit income-producing property in a strategic central Barrie location, with the pricing reflecting the property's current zoning status. Square footage not available, measurement required
Price $799,000
Taxes: $10,758
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 236 Tiffin Street , Barrie, L4N 2N4, Simcoe
Postal Code: L4N 2N4
Province/State: Simcoe
Directions/Cross Streets: Tiffin Street & Anne Street South
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 0
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Maintenance: 0
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE FIRST CONTACT REALTY

236 Tiffin Street , Barrie, L4N 2N4, Simcoe

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Barrie
Neighbourhood: 400 North
Style:
Lot Size: x 183.00(Feet)
Approximate Age:
Tax: $10,758
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908