166 Collier Street Barrie, Ontario L4M 1H7
$1,249,500
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. (id:63476)
Property Details
| MLS® Number | S12917266 |
| Property Type | Multi-family |
| Community Name | Codrington |
| Amenities Near By | Public Transit |
| Equipment Type | Water Heater |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Appliances | Water Softener, Dryer, Stove, Two Washers, Refrigerator |
| Basement Type | Partial |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 165 Ft |
| Size Frontage | 70 Ft |
| Size Irregular | 70 X 165 Ft |
| Size Total Text | 70 X 165 Ft |
| Zoning Description | Rm2 |
Utilities
| Electricity | Installed |
| Sewer | Installed |
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May 05 2026 02:37:35
Toronto Regional Real Estate Board
Sutton Group Incentive Realty Inc.