166 COLLIER STREET

Barrie (Codrington), , L4M1H7, Canada

$1,249,500

Rare opportunity to own a money making 4-plex in an amazing area of Barrie. The property is fully tenanted, all tenants want to stay and love it here. The property runs smoothly with low maintenance fees. . The NET operating income is approximately $65,000 a year! That's over a 5.2% cap rate. All tenants are amazing and take care of the place. The location is sought after by tenants and this property has had no vacancies for over a decade. (Except when owner was renovating) All units have access to laundry. (One set is shared by 3 units, other unit has it's own). Property has just had a new roof done (June 2025) as well as some new eaves and down spouts. Potential to push back retaining wall at back and add even more value. Come have a look, you won't be disappointed. LA is owner.

EXTRAS: Refrigerator, Water softener, Stove, Dryer, Two Washers

Last updated on : Monday 4th of May 2026 10:45:19 PM

ADDRESS

Street : 166 COLLIER STREET

City : Barrie (Codrington)

Country : Canada

Postal Code : L4M1H7

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PROPERTY SUMMARY

Property ID : S12917266

Building Type : Fourplex

Property Type : Multi-family

Bedrooms : 5

Bathrooms : 4

Parking : 5

Parking Type: No Garage

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