108 John Street, Barrie
$499,999
108 John Street, Barrie
Total Monthly Obligation $2,753
No agent assigned
LEGAL DUPLEX WITH TWO VACANT UNITS, SEPARATE HYDRO METERS & UPDATED MECHANICALS! For investors looking to expand their portfolio, 108 John Street offers potential rental income, quick occupancy and the opportunity to establish new tenancies without assuming existing leases. Situated in Barrie's established Sanford neighbourhood, just minutes from downtown and the waterfront, the property is close to restaurants, shopping, Centennial Beach and Allandale Waterfront GO Station, with quick access to Highway 400. The two-storey home is configured into two self-contained units, each with its own kitchen and living room. Unit A occupies the main and second floors, offering two bedrooms and a 3-piece bathroom, while Unit B is located entirely on the main floor with one bedroom and a 4-piece bathroom. Both units have been freshly painted, while separate hydro meters allow electricity usage to be tracked individually. A newer furnace, air conditioning, washer and dryer are already in place, along with three parking spaces and a backyard storage shed. Rather than inheriting an established rental operation, investors have the freedom to determine how this property fits into their portfolio.
Closing Costs
Total Monthly Obligation
Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%
*This analysis is independently generated NOT provided by TREB or CREA.
Comparables
Properties near 108 John Street
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