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$2,099,000Asking Price

40, 42 penetang Street, Barrie, ON L4M 1V6

Codrington, Barrie

Detached
10
Bedrooms
6
Baths
10
Parking
Days on Market

Two properties with 6 apartments and has the approval from the City of Barrie to expand to 14 units. There is a good chance that can be increased above 14 units. Listing office can produce all supporting documentation on request. Currently rental income is $9,539.13 per/month NO VACANCIES. Tenants pay hydro. Major renovations completed at 40 Penetang St. within the past year. The Seller is willing to sell 42 Penetang Street (Listing S12390110) if a buyer wants only one of the two properties.

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Two properties with 6 apartments and has the approval from the City of Barrie to expand to 14 units. There is a good chance that can be increased above 14 units. Listing office can produce all supporting documentation on request. Currently rental income is $9,539.13 per/month NO VACANCIES. Tenants pay hydro. Major renovations completed at 40 Penetang St. within the past year. The Seller is willing to sell 42 Penetang Street (Listing S12390110) if a buyer wants only one of the two properties.

Key Info

  • 2-Storey Detached
  • 10-Car Driveway
  • No Garage
  • Mulcaster St. to Penetang St
  • 5000 + Approximate Sq Feet
  • 100+ Years Approximate Age
  • 6 Kitchens
  • Forced Air Electric Heating
  • No A/C

Property

  • Lot Size 102.83 x 208 Feet
  • .50-1.99 Acreage
  • Brick Exterior
  • Taxes were $11,025 in 2025
  • Possession: TBA

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #S12390107
  • SUTTON GROUP INCENTIVE REALTY INC.

Extras

Room Floor Dimensions Details
Washroom2 3-Piece Bathrooms
Washroom2 3-Piece Bathrooms on Lower
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom on Main Floor

Who lives here?

Codrington, Barrie is a north GTA neighbourhood notable for its singles, renters, university grads and business and education, law & public sector professionals. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 74.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Barrie  (1.2)

Singles

52% of residents are
single and loving it.

52% singles

Barrie (46%)

Renters

42% of residents
are renters.

42% renters

Barrie (30%)

Education

28% of residents are
university grads.

28% university grads

Barrie (23%)

Income

Average Household Income

$103K

is the average household
income in the neighbourhood.

Barrie  ($110K)

Professions

Professions

Sales 13%
Government 11%
Business 10%
Trades 9%
Management 6%

Immigrants

7% of residents were
born outside of Canada.

7% immigrants

Barrie (13%)

Birthplace - All

UK was once home to 1.8% of immigrants.
China 0.5%
Netherlands 0.4%
Caribbean 0.3%
Italy 0.3%

1.8% from UK
All-time

Birthplace - Recent

China was once home to 0.2% of immigrants.
UK 0.1%
Ukraine 0.1%

0.2% from China
Recent

Foreign Languages

Foreign Languages

French 2%
Spanish 1%
Italian 1%
German 1%

Religions

Religions

Christian 60%
Muslim 1%
Jewish 1%