For Sale: 64 High Street, Barrie, ON - REW
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$599,900
3 bd • ba • sf • Triplex
64 High Street
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$599,900
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64 High StreetBarrie, ON, L4N 1W4

Queen's Park
  • 3 Bed
  • Bath
  • Sqft
  • Triplex

About this home

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 courtesy of Engel & Volkers
Listed by: Andrew Di Matteo, ENGEL & VOLKERS TORONTO CITY

Home facts and features

Price details
List Price
$599,900
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Home facts
Bedrooms
3
Full Bathrooms
Parking Spaces
6
Property Type
Triplex
Exterior Finish
Heating Type
Natural Gas, Forced Air
Cooling
Central Air
Community
Agent details
Primary Agent
Primary Broker
ENGEL & VOLKERS TORONTO CITY
Listing details
Days on REW
61 Days
Property Views
102
MLS® Number
S13693670
Source
Engel & Völkers
Board
Toronto Real Estate Board
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25 Years
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Property Insights

Hillcrest Public School
  • Public
  • JK - 8
Oakley Park Public School
  • Public
  • JK - 8
Barrie North Collegiate
  • Public
  • 9 - 12
Barrie Campus School
  • Public
  • 9 - 12
Portage View Public School
  • Public
  • JK - 8
Unity Christian High School
  • Private
  • 9 - 12
St Marys School
  • Catholic
  • JK - 8
Codrington Public School
  • Public
  • JK - 8
Cundles Heights Public School
  • Public
  • JK - 8
Maple Grove Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Andrew Di Matteo
Phone:
+14168860411
Office:
+14163647888
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