For Sale

3 Peel Street, Barrie, Ontario L4M 3K7

$0

3 Peel Street, Barrie, Ontario L4M 3K7 is For Sale and has a listing price of 1,099,000. The property is located in the Barrie neighbourhood . It's been on the website for 95 Days.

  • Multiplex
    Property Type
  • 8
    Bedrooms
  • 6
    Bathrooms
  • MLS ID: S12227623
  • Office Name Royal LePage Locations North
Property Description

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.

Property Details
  • Bedrooms: 8
  • MLS ID: S12227623
  • Bathrooms: 6
  • Price: $1,099,000
  • Lot Depth: 116.86
  • Transaction Types: For Sale
  • Ref ID: S12227623
  • Year Built: N/A
  • Approx Sqft: 3500-5000
  • Dir / Cross St: Codrington Street To Peel
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Multiplex
  • Property Type: Commercial
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
06/17/2025 S12227623 $1,099,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Barrie
  • $850,935 Average List Price
    based on 1 year
  • 1,203 New Listings
    based on 30 days
  • 74 Median Days on Market
    based on 1 year
  • List vs. Selling Price 137.53 % Up
  • Sold (12mo) 1,858
  • Rented (12mo) 1,295

  • 1 Month Change -61.4%
  • 3 Month Change +18.1%
  • 6 Month Change -0.6%
Walkscore
Additional Details
  • Heat Type Radiant
  • Heat Source Gas
  • Style 2 1/2 Storey
  • Washroom Type1: 2
  • Heating System Y
  • Garage Type Detached
  • Parking Spaces: 6
  • Exterior Brick, Wood
  • Kitchen 5
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 5 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Washrooms Type 5: 1
  • Taxes: $6,282
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 17/06/2025 20:41:02
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