3 Peel Street Barrie, Ontario L4M 3K7

8 Bedroom 6 Bathroom 3,500 - 5,000 ft2
Radiant Heat

$1,099,000

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:57975)

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 Dimensions
Second Level Dining Room 1.92 m x 3.79 m
Second Level Living Room 3.08 m x 3.7 m
Second Level Bedroom 2.26 m x 3.49 m
Second Level Kitchen 4.36 m x 2.49 m
Second Level Living Room 4.99 m x 4.62 m
Second Level Bedroom 2.95 m x 3.74 m
Second Level Kitchen 3.1 m x 3.79 m
Third Level Kitchen 2.76 m x 3.68 m
Third Level Living Room 4.1 m x 3.96 m
Third Level Bedroom 2.77 m x 3.64 m
Main Level Kitchen 3.61 m x 3.99 m
Main Level Living Room 4.23 m x 4.67 m
Main Level Bedroom 3.26 m x 2.38 m
Main Level Bedroom 2.78 m x 3.98 m
Main Level Bedroom 2.46 m x 4.03 m
Main Level Kitchen 4.75 m x 2.26 m
Main Level Living Room 5.04 m x 6.11 m
Main Level Bedroom 4.25 m x 2.96 m
Main Level Bedroom 2.65 m x 3.95 m

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/28482764/3-peel-street-barrie-wellington-wellington

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