13
$625,000
13 HENRY Street, Barrie, ON L4N 1C5
Queen's Park
3 bd
3 ba
1,500 sf
6
1 months on marketMLS® S13657858
Queen's Park · L4N 1W4
$625,000
$313 / sq ft3 weeks on market
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$625,000
Queen's Park
Attention Investors & First-Time Buyers! Here's an opportunity to own a well-managed legal triplex offering positive cash flow and an excellent cap rate in the Barrie market. Featuring three fully rented units, a proven rental history, and little to no vacancy, this property is positioned to perform from day one. Excellent AAA rental profile with all tenants in good standing.Inside, spacious layouts, soaring ceilings, large windows, and timeless Victorian character create bright, inviting living spaces with strong tenant appeal. Significant improvements were completed in 2025, including upgraded electrical service to the property along with the replacement of both the furnace and central air conditioning. In addition, the main sewer line from the property to the municipal connection was replaced after the original line had collapsed-another substantial infrastructure upgrade already taken care of.Ideally situated in one of Barrie's desirable lakeside pockets, the property offers an attractive combination of income, location, and long-term investment potential. For investors, the fully tenanted setup provides reliable income today with future rental growth potential. For first-time buyers, rental income can help offset mortgage costs while building equity in a sought-after location.Whether expanding your portfolio or looking for a smart entry into homeownership, this versatile triplex delivers cash flow, character, major recent improvements, and strong investment fundamentals. A rare opportunity in a prime Barrie location!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 6% of comparable multiplex listings in Barrie are asking less.
Based on 31 comparable active multiplex listings in Barrie. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $625,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ENGEL & VOLKERS TORONTO CITY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of RE/MAX By The Bay Brokerage