405 Mapleview Drive W - $999,000

, Barrie, L4N9G4
MLS® 40142242

Currently tenanted as a single family dwelling, this property provides the opportunity to convert this investment into two seperate residential dwellings - an upper 3-bdrm unit, and a lower 2-bdrm unit, already configured each with their own kitchen and bathroom, seperate entrances and shared laundry facilities. The large lot also boasts a workshop of over 800SF with heat and hydro, and soon to be running water and a 3-pc bathroom - separately tenanted at great rates andwho are willing to stay! Value add opportunity to build a garden suite in place of the shed for increased income, which is permitted by the City of Barrie. Currently a 3.7% cap rate with proforma cap rate of 6.03% (id:38551)

Location

Details

405 Mapleview Drive W, , Barrie

  • Land

    0.265 ac|under 1/2 acre

  • Bedrooms
    5
  • Bathrooms
    2
  • Parking

    Detached Garage

    7

Rooms

405 Mapleview Drive W, , Barrie

Presented By
Jun Shi-Boom

Real Estate Salesperson
MLS REALTOR

Green Hedge Realty Inc., Brokerage

Jun Shi-Boom Real Estate Salesperson & MLS REALTOR

MLS REALTOR Listing Contract 2021-06-11 With Maven Commercial Real Estate Brokerage. Uploaded Through Barrie & District Association Of Realtors® Inc..