Rare student housing investment opportunity in Barrie, offering immediate cash flow. This offering includes two well-maintained, purpose-built apartment buildings located just seconds from Highway 400 and approximately 300 metres from Georgian College's main campus, with convenient access to all major amenities. Situated on just over one acre, the property comprises a total of 32 units, 144 beds, and 50 parking spaces. The buildings feature a mix of four- and five-bedroom suites, each equipped with its own kitchen, furnace, and in-suite laundry. Showings by appointment only. (id:13843)
| MLS # | S13584928 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 108 |
| Listing Provided By | CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO | JAMESON LAKE |
| Bed(s) | 144 |
|---|---|
| Bath(s) | 64 Total |
| SQ Feet | 5,000 |
| Basement | Y |
| Zoning | RA1 (SP-457) |
| Property View | City view |
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Dishwasher, Dryer, Two stoves, Two Washers, Water Heater, Two Refrigerators |
| Fireplace Yes / No | No |
| Security Features | Smoke Detectors |
|---|---|
| Lot Features | Flat site, Lighting, Paved yard |
| Foundation Details | Concrete |
| Parking Features | Garage, No Garage |
|---|---|
| Parking Total | 50 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 159387.03 |
|---|
| Province | ON |
|---|---|
| City | Barrie (Grove East) |
| Postal Code | L4M3X8 |
| Listing VS Median (in L4M3X8) | |
Price: $12,350,000 low | high Med: $12,350,000 sqft: 5,000 low | high Med: 34,704 $ / sqft: $2,470 low | high Med: $1,331 On site: 108 low | high Med: 108 | |
| Province | ON |
|---|---|
| City | Barrie (Grove East) |
| Postal Code | L4M3X8 |
| Listing VS Median (in L4M3X8) | |
Price: $12,350,000 low | high Med: $12,350,000 sqft: 5,000 low | high Med: 34,704 $ / sqft: $2,470 low | high Med: $1,331 On site: 108 low | high Med: 108 | |