48 Rose St

Barrie | 400 North | L4M 2T2
  • 4
  • 4
  • 0

$875,000

Est. Mtg $2,966 /mo
  • Days on market

    39

  • Status

    New

Listing Broker RE/MAX HALLMARK CHAY REALTY
Since listed: 2 views

Home details

MLS #:

S12013850

Property type:
Fourplex
Style:
2-Storey
Taxes:
$4,597
Possession:
Flexible
Lot Front:
65.0   Feet
Lot Depth:
135.04   Feet
Basement:
Part Bsmt | Sep Entrance
Driveway Pkg:
8
Heat:
Gas | Forced Air

Description


48 Rose St, , Barrie, Ontario is a Fourplex property in Barrie and in the 400 North community in the L4M 2T2 postal code


Separate hydro meters for each unit: Common Area for Laundry room: Invest in Barrie: 4-Unit Income Property with Steady Cash Flow. Whether starting your real estate journey, expanding your investment portfolio, or looking for a property with rental income to help offset costs, this well-located 4-unit income property in Barrie provides the flexibility and potential you need. Located just minutes from Barrie's picturesque waterfront, this property is ideally situated near Allandale Station and offers easy access to Highway 400, parks, schools, public transit, and the Bayfield Street corridor with shopping and other essential amenities. Property Highlights: Prime Location: Centrally positioned with easy access to local amenities, public transit, and recreational spaces, this property is in high demand among tenants. Fully Rented: With all units currently leased, including two new tenants, you'll enjoy steady cash flow from day one. Income Potential: One of the upper-level 1-bedroom units was recently renovated, providing an opportunity to command higher rents and attract quality tenants. Separate Meters & Utilities Flexibility: Each unit has its own separate meter. Additional Income Opportunity: On-site laundry facilities could be converted into coin-operated machines, providing an extra source of revenue to help offset operating costs. Renovation Potential: Several units could benefit from updates, allowing for increased rental rates and enhanced property value. Accessibility: The property offers excellent access to Highway 400 and is within walking distance of public transit and a wide range of amenities. A solid, fully-rented investment opportunity with room for growth in Barrie's rental market..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-07 2024-11 $899,900 $899,900 Exp S9052147
2025-03 2025-03 $875,000 $875,000 New S12013850

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Barrie :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 48 Rose St

Based on available 3rd party data

$3485

Approximate costs per month

Mortgage
$2966 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$383 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX HALLMARK CHAY REALTY
Data Source: TRREB

Payment calculator

$3350 monthly. In association with: TD Bank
%
  • Principal and Interest
    2966 /mo
  • Property Taxes
    $383 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Marcus Le , Realtor

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