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$1,188,800Asking Price

152 Owen Street, Barrie, ON L4M 3H9

Wellington, Barrie

Triplex
3 + 1
Bedrooms
3
Baths
6
Parking
Days on Market

Attention Investors, Legal Registered Triplex, Totally Renovated in 2022, Tenanted, All units have separate entrance, 2 laundries, 2 furnaces, 3 hydro meters, garage converted into 3 Storage lockers for additional income, huge lot 66 X 217, Great potential for future development for multi-unit Apartment building, Buyer to do own due diligence. 15 Reasons to Buy This Tri-Plex: 1) Rental Income Potential 2) Lower Risk of Vacancy 3) Ability to Live in One Unit 4) Appreciation Potential 5) Diversified Investment 6) Tax Benefits 7) Leverage Financing 8) Increase Property Value through Improvements 9) Better Control Over the Property 10) Opportunity for Future Expansion 11) Building Equity 12) Legal Protections and Stability 13) Fewer Tenants to Manage Than Larger Multi-Family Properties 14) Better Financing Options for First-Time Investors 15) Community and Property Management Control

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Attention Investors, Legal Registered Triplex, Totally Renovated in 2022, Tenanted, All units have separate entrance, 2 laundries, 2 furnaces, 3 hydro meters, garage converted into 3 Storage lockers for additional income, huge lot 66 X 217, Great potential for future development for multi-unit Apartment building, Buyer to do own due diligence. 15 Reasons to Buy This Tri-Plex: 1) Rental Income Potential 2) Lower Risk of Vacancy 3) Ability to Live in One Unit 4) Appreciation Potential 5) Diversified Investment 6) Tax Benefits 7) Leverage Financing 8) Increase Property Value through Improvements 9) Better Control Over the Property 10) Opportunity for Future Expansion 11) Building Equity 12) Legal Protections and Stability 13) Fewer Tenants to Manage Than Larger Multi-Family Properties 14) Better Financing Options for First-Time Investors 15) Community and Property Management Control

Key Info

  • Bungalow Triplex
  • 4+ Parking
  • Attached Garage
  • Bayfield & Wellington
  • 1500-2000 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $7,188 in 2024
  • Possession: 30-60 FLEXIBLE

Details

  • Aluminum Siding/Brick Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #S12012160
  • RE/MAX PREMIER INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 14.99' x 10.99' Laminate
2 Kitchen Main 11.48' x 9.74' Laminate
Washroom1 3-Piece Bathroom
Washroom2 4-Piece Bathrooms

Who lives here?

Wellington, Barrie is a north GTA neighbourhood notable for its singles, renters and salespeople. Residents tend to be older with a significant number of adults aged 25 to 39, 25 to 39 and 25 to 39 and seniors aged 65 to 69.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Barrie  (1.2)

Singles

55% of residents are
single and loving it.

55% singles

Barrie (46%)

Renters

46% of residents
are renters.

46% renters

Barrie (30%)

Education

22% of residents are
university grads.

22% university grads

Barrie (23%)

Income

Average Household Income

$83K

is the average household
income in the neighbourhood.

Barrie  ($110K)

Professions

Professions

Sales 19%
Trades 10%
Business 8%
Government 8%
Management 5%

Immigrants

8% of residents were
born outside of Canada.

8% immigrants

Barrie (13%)

Birthplace - All

UK was once home to 2.7% of immigrants.
Caribbean 0.9%
Jamaica 0.7%
Netherlands 0.6%
Poland 0.6%

2.7% from UK
All-time

Birthplace - Recent

South Korea was once home to 0.2% of immigrants.
China 0.1%
India 0.1%
UK 0.1%
Vietnam 0.1%

0.2% from South Korea
Recent

Foreign Languages

Foreign Languages

French 2%
Polish 1%
Gujarati 1%
Spanish 1%
Hindi 1%

Religions

Religions

Christian 60%
Muslim 1%
Jewish 1%
Buddhist 1%