Updated, purpose-built multiplex in a prime part of Barrie, walking distance to the beautiful waterfront. This well-maintained apartment building features 11 spacious two-bedroom units on a large lot with more than enough parking. The current locker area has potential to convert it to a 12th unit! T...he exterior has been significantly upgraded with a gemstone finishing EIFS system that boosts durability and visual appeal by resisting abrasion in high-traffic areas, mimicking natural stone with a textured, mineral-rich surface. It acts like a thermal blanket for the building and stands up to harsh weather and impact while requiring minimal upkeep, making it a smart, stylish choice for long-term performance. The balconies have also been significantly upgraded to this turn key investment. Five of the units are being rented significantly below market rent so in time as Tenant turnover, there is also significant upside in income opportunity. Situated within Barries Urban Growth Centre, this gem is ideally positioned for strong tenant demand. Residents enjoy easy access to transit, and can walk to grocery stores, restaurants, and shopping. A solid investment in one of Barries most desirable and fast-growing areas.
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