64 High Street, Barrie, ON L4N 1W4
- Triplex
- 52.83 × 132 ft lot
- 6 parking
- Hillcrest Public School catchment
Assigned school
54% EQAO
Hillcrest Public School
Childcare
6 centres
0.4 km closest
Property Information
School Catchments
School boundaries and eligibility may change. Confirm school eligibility directly with the school board.
All Barrie school catchments →Monthly Cost
Description
ATTENTION INVESTORS & FIRST-TIME BUYERS! LEGAL TRIPLEX OFFERING AN ATTRACTIVE 6. 95% CAP RATE & POSITIVE CASH FLOW POTENTIAL! An exceptional opportunity to acquire a well-managed, income-producing property in Barrie's desirable lakeside community. Featuring 3 fully rented units, an established rental history, minimal vacancy and tenants in good standing, this property generates approximately $60,000. 00 in annual gross income, with an estimated net operating income of $43,000. 00 representing an impressive 7% cap rate, with positive monthly cash flow (based on 20% down). Inside, spacious layouts, soaring ceilings, large windows and timeless Victorian character create bright, inviting living spaces with lasting tenant appeal. Significant capital improvements completed in 2025 include upgraded electrical service, a newer furnace and central air conditioning, along with repairs of the main drainage line. These substantial infrastructure upgrades provide added peace of mind and help minimize future capital expenditures. Ideally located in one of Barrie's sought-after lakeside pockets, this property offers an attractive combination of reliable income, character, location and long-term appreciation potential. For investors, it's an opportunity to enjoy established rental revenue with future growth potential. For first-time buyers, rental income can help offset mortgage expenses while building equity. A compelling turnkey investment opportunity with strong fundamentals, attractive returns and major recent improvements already completed!
Listing History
Shows activity for this MLS® listing. Prior listings and sold records appear when available.
Location
Licensed Childcare Nearby
6 licensed centres nearby · closest 430 m
Area Checks
Also checked, nothing flagged at this location: flood hazard mapping, conservation-regulated areas, provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors, hydro transmission corridors.
Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.
About Queen's Park
View Queen's Park on Market →Similar homes in this school area
Assigned to Hillcrest Public School · priced within 25% of this home
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Data sources & legal disclosures
Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.
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