March 25, 2024
- 10 min read
3 Peel Street Barrie, Ontario L4M 3K7
$1,099,000
8 Bedroom
6 Bathroom
3,500 - 5,000 ft2
Radiant Heat
Welcome to 3 Peel Street, a unique and versatile property offering strong income potential in a sought-after downtown location. Situated on a spacious corner lot,this legal 4-plex also includes a detached carriage house, offering a total of 5 self-contained units, all within walking distance to the library, farmers market,transit, and local amenities. The focal point is a red brick century home full of character, featuring distinctive gable details and timeless curb appeal. Inside,the property blends historic charm with functional living across multiple rental units. Unit 1, on the main floor, is a generous 3-bedroom suite with a separate powder room and a dedicated bath/shower room. Unit 2, in the detached carriage house, offers two bedrooms, a living room, kitchen, and a 4-piece bathroom, ideal for tenants seeking added privacy. Unit 3 is a 1- bedroom with new flooring and a refreshed 3-piece bathroom. Unit 4 is a spacious 1-bedroom with an eat-in kitchen,separate living room, full 4-piece bathroom, and fresh paint with new floors. Unit 5 features one bedroom, a galley-style kitchen, separate living room, and a 3-piece bath. Recent upgrades include electrical and plumbing inspections, a new pressure booster for the water system, and two new rental hot water heaters. The property offers parking for six vehicles and garage space for tenant storage. Witht hree of the five units currently vacant, this is a prime opportunity to set new rental rates and maximize return. (id:36109)
Property Details
| MLS® Number | S12227623 |
| Property Type | Multi-family |
| Community Name | Wellington |
| Equipment Type | Water Heater |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Age | 100+ Years |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Exterior Finish | Wood, Brick |
| Foundation Type | Stone |
| Half Bath Total | 2 |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Interior | 3,500 - 5,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 116 Ft ,10 In |
| Size Frontage | 92 Ft ,4 In |
| Size Irregular | 92.4 X 116.9 Ft |
| Size Total Text | 92.4 X 116.9 Ft|under 1/2 Acre |
| Zoning Description | Rm2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Dining Room | 1.92 m | 3.79 m | 1.92 m x 3.79 m |
| Second Level | Living Room | 3.08 m | 3.7 m | 3.08 m x 3.7 m |
| Second Level | Bedroom | 2.26 m | 3.49 m | 2.26 m x 3.49 m |
| Second Level | Kitchen | 4.36 m | 2.49 m | 4.36 m x 2.49 m |
| Second Level | Living Room | 4.99 m | 4.62 m | 4.99 m x 4.62 m |
| Second Level | Bedroom | 2.95 m | 3.74 m | 2.95 m x 3.74 m |
| Second Level | Kitchen | 3.1 m | 3.79 m | 3.1 m x 3.79 m |
| Third Level | Kitchen | 2.76 m | 3.68 m | 2.76 m x 3.68 m |
| Third Level | Living Room | 4.1 m | 3.96 m | 4.1 m x 3.96 m |
| Third Level | Bedroom | 2.77 m | 3.64 m | 2.77 m x 3.64 m |
| Main Level | Kitchen | 3.61 m | 3.99 m | 3.61 m x 3.99 m |
| Main Level | Living Room | 4.23 m | 4.67 m | 4.23 m x 4.67 m |
| Main Level | Bedroom | 3.26 m | 2.38 m | 3.26 m x 2.38 m |
| Main Level | Bedroom | 2.78 m | 3.98 m | 2.78 m x 3.98 m |
| Main Level | Bedroom | 2.46 m | 4.03 m | 2.46 m x 4.03 m |
| Main Level | Kitchen | 4.75 m | 2.26 m | 4.75 m x 2.26 m |
| Main Level | Living Room | 5.04 m | 6.11 m | 5.04 m x 6.11 m |
| Main Level | Bedroom | 4.25 m | 2.96 m | 4.25 m x 2.96 m |
| Main Level | Bedroom | 2.65 m | 3.95 m | 2.65 m x 3.95 m |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
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3 Peel Street
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June 17 2025 09:28:56
