35 Albert Street, Barrie, ON
Property Highlights
Welcome to this remarkable 3-Storey triplex located in the coveted neighborhood of City Centre. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $1,299,000 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.
- 3 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 72.65 x 66.02 ft lot
- 6.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
6 Years Old, Prime Location & Generates Income!! Here is your opportunity to own a Triplex in Barrie's highly sought after downtown core, within walking distance to Barrie's waterfront & walking trails in a mature, well established neighbourhood. This modern building has Three (3) identical 800 sqft, 1 bedroom, 1 bath units, each with it's own laundry, separate meters for gas & hydro, On demand hot water heaters & Central Air. No rental equipment. Other features include higher end tilt & turn windows, paved driveway with 2 parking spots per unit, Stainless Steel appliances, higher end kitchen cabinets with large island & integrated kitchen table, LED recessed lighting throughout, a 10 x 10 deck/patio. This Triplex is low maintenance with a steel roof and commercial grade architectural metal siding.
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Pricing & Value Insights
Data-driven valuation for 35 Albert Street, Barrie, ON L4M 3S8
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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 $1,299,000 in Barrie, the legal minimum down payment is $259,800 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 $22,455 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 $22,455.
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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.