3 East Street, Barrie, ON
Property Highlights
Welcome to this remarkable 3-Storey triplex located in the coveted neighborhood of Wellington. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,100,100 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 68.73 x 111.77 ft lot
- Features a full, apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: On Demand Water Heater, Water Softener, Floor Drain
- equipped with window unit(s) central cooling and highly efficient radiant heating via other
Description
Solid brick triplex in a desirable, quiet Barrie neighbourhood, offering an excellent opportunity for investors looking to expand their portfolio and unlock future value. This well-maintained property features two 2-bedroom units and one 1-bedroom unit, all currently tenanted. The standout feature is the exceptionally large lot, offering exciting potential for an even larger future redevelopment or the possibility of adding an even larger 4 STOREY additional income-producing rental building on the property (subject to municipal approvals and due diligence). Additional features include paved parking for numerous vehicles, coin-operated laundry, all appliances: refrigerators and stoves, and efficient heating. Conveniently located close to Bayfield Street, downtown Barrie, shopping, transit, amenities and major commuter routes. Please allow a minimum of 48 hours notice for all showings. Do not approach or disturb tenants directly.
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Property Summary
This triplex located at 3 East Street, Barrie is currently for sale and has been available on SousaSells for 17 days. This property is listed at $1,100,100 with an estimated mortgage of $3,662* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 3 East Street, Barrie is in the Wellington neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Wellington, Barrie.
- •5 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Wellington, Barrie.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Beach
- Hospital
- Park
- Public Transit
- School
- School Bus Route
Interior Features
- On Demand Water Heater
- Water Softener
- Floor Drain
- Separate Hydro Meter
- Sump Pump
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 3 East Street, Barrie, ON
Q.What is the asking price for 3 East Street, Barrie, ON ?
The current listing price for 3 East Street, Barrie, ON in Wellington, Barrie is $1,100,100.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 3 East Street, Barrie, ON ?
3 East Street, Barrie, ON is a Triplex (3-Storey) featuring a Full, Apartment, Finished basement.
Q.What key property features does 3 East Street, Barrie, ON offer?
Key property features include: Beach, Hospital, Park, Public Transit, School, School Bus Route.
Q.What interior features are included in this home?
Interior highlights include: On Demand Water Heater, Water Softener, Floor Drain, Separate Hydro Meter, Sump Pump, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Other and cooling via Window Unit(s).
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Pricing & Value Insights
Data-driven valuation for 3 East Street, Barrie, ON L4M 2N3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Barrie, ON
For a property listed at $1,100,100 in Barrie, the legal minimum down payment is $220,020 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $18,477 for this transaction. As this listing is in Barrie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,477.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.