1, 2, 3 - 32 Grove Street W 1 2 3

Introducing a remarkable opportunity: a Multi-Family Home for sale in Barrie , located at 32 Grove Street W 1 2 3, Barrie. This legal triplex is perfect for investors looking to expand their real estate portfolio or for those new to the market who wish to live in one unit while renting out the others to offset costs. With two of the three units currently vacant, this property presents a unique chance to capitalise on the vibrant rental market in the area.

Nestled in the desirable community of Queen's Park, this property is ideally situated between Bayfield Street and Toronto Street, providing easy access to all essential amenities. Residents will enjoy proximity to shopping centres, various services, and a delightful selection of fine and casual dining options. Additionally, recreational facilities, entertainment venues, and efficient transportation links are all within easy reach, making this Multi-Family Home for sale in Barrie an excellent choice for both tenants and owners alike.

The building itself is a two-storey multiplex, featuring a total of nine rooms, including three kitchens and three bathrooms. The layout comprises a well-appointed one-bedroom unit, a spacious three-bedroom unit, and another one-bedroom unit, each equipped with a kitchen and living area, as well as a bathroom and stacked laundry facilities. This thoughtful design ensures that each unit offers comfort and convenience, catering to a variety of tenant needs. The property is unfurnished, allowing new owners to personalise their spaces as they see fit.

Situated on a generous lot measuring 78 by 182 feet, the Multi-Family Home for sale in Barrie boasts a private double driveway that can accommodate up to six vehicles, ensuring ample parking for both residents and guests. The property benefits from municipal water and sewer services, although it does not feature central air conditioning or a central vacuum system. Additionally, there is no pool or fireplace, which simplifies maintenance and upkeep for potential owners.

The building, aged between 31 and 50 years, has been well-maintained, with a newer roof and siding that enhance its exterior appeal. The absence of a garage allows for a more spacious outdoor area, while the separate entrance to the basement apartment adds an extra layer of privacy and independence for tenants. This feature is particularly attractive for those seeking a Multi-Family Home for sale in Barrie, as it allows for a distinct living space that can be rented out or used for personal purposes.

With key commuter routes nearby, including public transit options and easy access to the GO Train and major highways, this property is perfectly positioned for those who need to travel for work or leisure. The surrounding area is bustling with activity, making it an ideal location for families, professionals, and students alike.

In summary, the Multi-Family Home for sale in Barrie at 32 Grove Street W 1 2 3, Barrie, offers an exceptional investment opportunity with its three separate rental units, large lot, and prime location. Whether you are an experienced investor or a first-time buyer, this property is sure to meet your needs. With its combination of spacious living arrangements, convenient amenities, and a thriving community, this triplex is a must-see for anyone looking to make a smart real estate investment in Barrie. Don't miss out on this chance to own a piece of this vibrant community!

Queen's Park is a charming residential neighbourhood nestled within the vibrant city of Barrie, Ontario. Known for its picturesque tree-lined streets and well-maintained homes, the area offers a serene environment that appeals to families and professionals alike. With its close proximity to the scenic waterfront of Lake Simcoe, residents can enjoy leisurely strolls along the shoreline and partake in various outdoor activities. The community is also conveniently located near essential amenities, including shops, schools, and parks, making it an ideal place for those seeking a balanced lifestyle. The friendly atmosphere and sense of belonging further enhance the appeal of Queen's Park, making it a delightful choice for anyone considering a move to Barrie.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Just 0.2 km away, Hillcrest Public School offers both English and French programs for elementary students from Junior Kindergarten to Grade 8, with a solid school rating of 5. Another nearby option is Oakley Park Public School, located 0.9 km away, which provides a French-language curriculum for Grades 1 to 8 and has a commendable rating of 4.8. For secondary education, Barrie North Collegiate Institute, also 0.9 km from the property, serves students from Grades 9 to 12 in both English and French, boasting a school rating of 7. Additionally, St. Marguerite D'Youville Catholic School, situated 2.5 km away, offers a Catholic education for students from JK to Grade 8, although it currently has a rating of 0. Overall, this area offers a variety of educational choices, ensuring that families have access to quality schooling within a short distance from home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 408 residents, with an average household size of 2.3 individuals. The demographic profile reveals an average age of 40 years and a notable average household income of $105,000, indicating a relatively affluent community. However, 17% of the population is classified as low-income. The average home price in the area stands at $680,000, reflecting the market's value. A significant portion of the population, 53.52%, is single, while 23.81% of households include children, suggesting a mix of family structures. The area is also home to 13.54% immigrants, contributing to its diversity. Renters make up 43.24% of the housing demographic, with no condos present in the area. Education levels are high, with 61.45% of residents holding a college or university degree, although 33.73% are not in the labor force, which may indicate a mix of retirees, students, or individuals pursuing other interests. Overall, this community presents a blend of young professionals, families, and a diverse population, making it an attractive location for potential homebuyers and investors.