$3,400,000
Available - For Sale
Listing ID: S12755048
94 Sanford Street , Barrie, L4N 3C5, Simcoe
| Opportunity Awaits at 94 Sanford Street, Barrie. Expand your portfolio with this turnkey, 12-unit residential building located in the heart of one of Ontario's fastest-growing rental markets with as little as 10% Down! Priced at a 5.25% CAP and featuring 12 spacious 2-bedroom units, with modern updates and private balconies. En-suite laundry and 12+ dedicated parking spaces. Prime central Barrie-minutes from the Waterfront, Allandale GO Station, and Hwy 400. Positioned in a high-demand area with historically low vacancy rates. 40% of units with significant upside on turnover. Potential to Qualify for CMHC MLI Select. This is a rare chance to acquire a clean, high-yielding asset in a "Primary Growth Centre." Whether you are looking for stable cash flow or long-term appreciation, 94 Sanford delivers. |
| Price | $3,400,000 |
| Taxes: | $22828.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 94 Sanford Street , Barrie, L4N 3C5, Simcoe |
| Postal Code: | L4N 3C5 |
| Province/State: | Simcoe |
| Legal Description: | PCL 19-1 SEC 51-245; LT 19, PT LT 20 W O |
| Directions/Cross Streets: | Sanford and Brock St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 13400.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | No |
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| ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES |
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At a Glance:
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | Barrie |
| Neighbourhood: | Sanford |
| Tax: | $22,828 |
| Fireplace: | N |
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