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Ardagh, Barrie, ON L4N 3V5
$745,000
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Attention Investors, Developers and Builders. A well maintained duplex situated on an oversized lot in an area the City of Barrie has identified as an intensification zone. Presenting a significant opportunity for future development or continued rental income. The main floor unit is currently tenanted and gernerates a rental income of $1900 per month, plus hydro and 50% of the gas bill. The lower unit is rented for $1900 per month, plus hydro and 50% of the gas bill. Each unit features seperate hydro meters, as well as its laundry facilities. The property also boasts a large yard and is located in a highly desirable south Barrie location, providing convenient access to all of Barrie's amenities. Future developement design plans in photos.