{{::listingStatusInfo.daysOnMarket | timeAgo }}
 New Today
RENTED CONDITIONALLY
SOLD CONDITIONALLY
RENTED CONDITIONALLY WITH ESCAPE
SOLD CONDITIONALLY WITH ESCAPE
on {{::listingStatusInfo.soldAsOf | momentFormat }}
on {{::listingStatusInfo.soldAsOf | momentFormat }}
AS OF {{::listingStatusInfo.inactiveAsOf }}

$875,000Asking Price

48 Rose St

Wellington, Barrie

Fourplex
4
Bedrooms
4
Baths
8
Parking
Days on Market

Separate hydro meters for each unit: Common Area for Laundry room: Invest in Barrie: 4-Unit Income Property with Steady Cash Flow. Whether starting your real estate journey, expanding your investment portfolio, or looking for a property with rental income to help offset costs, this well-located 4-unit income property in Barrie provides the flexibility and potential you need. Located just minutes from Barrie's picturesque waterfront, this property is ideally situated near Allandale Station and offers easy access to Highway 400, parks, schools, public transit, and the Bayfield Street corridor with shopping and other essential amenities. Property Highlights: Prime Location: Centrally positioned with easy access to local amenities, public transit, and recreational spaces, this property is in high demand among tenants. Fully Rented: With all units currently leased, including two new tenants, you'll enjoy steady cash flow from day one. Income Potential: One of the upper-level 1-bedroom units was recently renovated, providing an opportunity to command higher rents and attract quality tenants. Separate Meters & Utilities Flexibility: Each unit has its own separate meter. Additional Income Opportunity: On-site laundry facilities could be converted into coin-operated machines, providing an extra source of revenue to help offset operating costs. Renovation Potential: Several units could benefit from updates, allowing for increased rental rates and enhanced property value. Accessibility: The property offers excellent access to Highway 400 and is within walking distance of public transit and a wide range of amenities. A solid, fully-rented investment opportunity with room for growth in Barrie's rental market.

Thank you for your inqury! We’ll be in touch shortly about your request.
Tour this home:

Separate hydro meters for each unit: Common Area for Laundry room: Invest in Barrie: 4-Unit Income Property with Steady Cash Flow. Whether starting your real estate journey, expanding your investment portfolio, or looking for a property with rental income to help offset costs, this well-located 4-unit income property in Barrie provides the flexibility and potential you need. Located just minutes from Barrie's picturesque waterfront, this property is ideally situated near Allandale Station and offers easy access to Highway 400, parks, schools, public transit, and the Bayfield Street corridor with shopping and other essential amenities. Property Highlights: Prime Location: Centrally positioned with easy access to local amenities, public transit, and recreational spaces, this property is in high demand among tenants. Fully Rented: With all units currently leased, including two new tenants, you'll enjoy steady cash flow from day one. Income Potential: One of the upper-level 1-bedroom units was recently renovated, providing an opportunity to command higher rents and attract quality tenants. Separate Meters & Utilities Flexibility: Each unit has its own separate meter. Additional Income Opportunity: On-site laundry facilities could be converted into coin-operated machines, providing an extra source of revenue to help offset operating costs. Renovation Potential: Several units could benefit from updates, allowing for increased rental rates and enhanced property value. Accessibility: The property offers excellent access to Highway 400 and is within walking distance of public transit and a wide range of amenities. A solid, fully-rented investment opportunity with room for growth in Barrie's rental market.

Key Info

  • 2-Storey Fourplex
  • 4+ Parking
  • No Garage
  • Rose St / Peel
  • Forced Air Gas Heating
  • A/C

Property

  • Taxes were $4,597 in 2024
  • Possession: Flexible

Details

  • Brick Exterior
  • No Fireplace
  • 4 Kitchens
  •  
  • MLS #S12013850
  • RE/MAX HALLMARK CHAY REALTY

Extras

Room Floor Dimensions Details
Washroom4 3-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%