Currently Tenanted As Single Family. Opportunity To Convert To Two Separate Residential Units: 3-Bdrm Main Level Unit & 2-Bdrm Lower Level Unit. Both Levels Already Have Kitchen, Bathroom, Separate Entrances With Shared Laundry Facility. Large Lot Has Garage Workshop Of Over 800Sf W/Heat & Hydro. Running Water & 3-Pc Bathroom Soon To Be Installed. Workshop Is Separately Tenanted At Great Rate & Tenant Willing To Stay!
Value Add Opportunity To Build A Garden Suite In Place Of The Shed For Increased Income, Which Is Permitted By The City Of Barrie. Currently A 3.69% Cap Rate With Proforma Cap Rate Of 6.02%.
City: Barrie
Neighborhood: Holly
Located at 405 Mapleview Dr W , this Barrie house was listed for $999,000. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Kitchen, Living, Bathroom, Master, 2nd Br, 3rd Br, Laundry, Kitchen, Utility, Bathroom, Br, 2nd Br. This property comes with 7 parking spots. 405 Mapleview Dr W, Barrie is situated in the Holly neighbourhood.
MLS#: S5271412 · $999,000 · 3 bedroom house in Holly, Barrie