Salehian.com 647-325-5000

64 High Street

Queen's Park, Barrie, L4N 1W4

$599,900

Reduced $25,100 from $625,000

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  • 3 bedrooms
  • 3 bathrooms
  • 6 parking
  • 2000-2500 sq ft

Listed 61 days ago · MLS® S13693670

About this home

ATTENTION INVESTORS & FIRST-TIME BUYERS! LEGAL TRIPLEX OFFERING AN ATTRACTIVE 6.95% CAP RATE & POSITIVE CASH FLOW POTENTIAL! An exceptional opportunity to acquire a well-managed, income-producing property in Barrie's desirable lakeside community. Featuring 3 fully rented units, an established rental history, minimal vacancy and tenants in good standing, this property generates approximately $60,000.00 in annual gross income, with an estimated net operating income of $43,000.00 representing an impressive 7% cap rate, with positive monthly cash flow (based on 20% down).Inside, spacious layouts, soaring ceilings, large windows and timeless Victorian character create bright, inviting living spaces with lasting tenant appeal. Significant capital improvements completed in 2025 include upgraded electrical service, a newer furnace and central air conditioning, along with repairs of the main drainage line. These substantial infrastructure upgrades provide added peace of mind and help minimize future capital expenditures. Ideally located in one of Barrie's sought-after lakeside pockets, this property offers an attractive combination of reliable income, character, location and long-term appreciation potential. For investors, it's an opportunity to enjoy established rental revenue with future growth potential. For first-time buyers, rental income can help offset mortgage expenses while building equity. A compelling turnkey investment opportunity with strong fundamentals, attractive returns and major recent improvements already completed!

Details

Type
Triplex
Style
2-Storey
Size
2000-2500 sq ft
Lot
52.83 × 132 ft
Basement
Full
Garage
None
Kitchens
3
Property tax
$4,066 (2025)
Neighbourhood
Queen's Park
Municipality
Barrie

Interior

Bedrooms
3 above ground
Bathrooms
1 × 3-piece, 2 × 4-piece
Rooms
10 above ground
Family room or den
Yes
Fireplace
Yes

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Faces
West

Parking

Total parking
6

Lot

Size
52.83 × 132 ft

More

Possession
Tba
Cross street
Dunlop St W/High St

Rooms

RoomLevelSizeFeatures
KitchenMain6.1 × 2.44 m (20' × 8')
Living RoomMain8.1 × 4.83 m (26'7" × 15'10")
BedroomMain2.95 × 2.39 m (9'8" × 7'10")
KitchenSecond4.88 × 2.95 m (16' × 9'8")
Living RoomSecond4.85 × 2.74 m (15'11" × 9')
BedroomSecond4.88 × 3.66 m (16' × 12')
KitchenSecond6.3 × 2.44 m (20'8" × 8')
Living RoomSecond6.68 × 4.95 m (21'11" × 16'3")
BedroomSecond5.16 × 3.2 m (16'11" × 10'6")

History of this address

3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Allandale Waterfront GO1.8 km

Within a 10-minute walk: 5 grocery stores, 25 cafés and restaurants, 6 parks, 4 pharmacies. Nearest grocery: No Frills (650 m). Nearest park: Donald Street Park (400 m).

Schools nearby

Elementary

  • Hillcrest Public School
    EQAO: Gr 6 reading 74%, math 39%    11 min walk
  • Portage View Public School
    EQAO: Gr 6 reading 86%, math 47%    1.7 km
  • St. Mary's Catholic School Catholic
    EQAO: Gr 6 reading 91%, math 36%    1.9 km
  • Cundles Heights Public School
    EQAO: Gr 6 reading 77%, math 42%    2.3 km

Secondary

  • Barrie North Collegiate Institute
    EQAO: Gr 9 math 48%, literacy test 88%    1.5 km
  • Unity Christian High School Private1.8 km
  • École secondaire catholique Nouvelle-Alliance French
    EQAO: Gr 9 math 51%, literacy test 95%    1.8 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L4N

Owners / renters
71% / 29%
Median household income
$97,000
Average age
40
Children under 15
17%
Homes
61% detached, 7% high-rise
Commute by transit
3%
Population
100,835

Languages spoken most at home besides English: Spanish 1%, Russian 0.8%, Portuguese 0.4%, Mandarin 0.4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Barrie police: 59 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 86 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ENGEL & VOLKERS TORONTO CITY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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