3 Peel Street, Barrie, ON, L4M 3K7

Property Details: - Type: Multiplex - Bedrooms: 8 - Bathrooms: 6 - MLS#: S13008160 Listed By: ROYAL LEPAGE LOCATIONS NORTH

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 in-law suite 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 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 multiple vehicles and detached garage space for tenant storage. 4 out of the 5 units are currently tenanted. This multiplex home located at 3 Peel Street, Barrie is currently for sale and has been available on Zolo.ca for 28 days. This property is listed at $1,099,000 with an estimated mortgage of $4,045* per month. It has 8 beds, 6 bathrooms, and is 3500-5000 square feet. The property is 100+ years old. 3 Peel Street, Barrie is in the Wellington neighborhood Barrie. Grove East, Codrington and City Centre are nearby neighborhoods.