13 HENRY Street, Barrie, ON L4N 1C5
$650,000
$650,000

13 HENRY Street

Queen's Park, Barrie, Simcoe $650,000

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4 Beds
Outside/Surface Garage
Parking for 6
Zoning: RM1
MLS®#:
S13055392
Property Type:
Investment
Property Style:
Area:
Simcoe
Community:
Queen's Park
Taxes:
$5,139 / 2025
Added:
April 28 2026
Lot Frontage:
66
Lot Depth:
165
Status:
Active
Outside:
Year Built:
16-30
Brokerage:
RE/MAX By The Bay Brokerage
Lot :

165

66

BIG LOT

Intersection:
Eccles St N
Rooms:
Bedrooms:
4
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
No
Heating Type:
Gas Forced Air Closed
Heating Fuel:

Listing Details

Located in downtown Barrie, this LEGAL TRIPLEX offers a strong investment opportunity with immediate income and future growth potential. The property is easy to rent, generates positive cash flow, and presents excellent potential for additional units and increased revenue.One unit is currently vacant, providing flexibility for an investor to set market rent or for owner-occupancy. All existing tenants are on month-to-month leases, offering added flexibility.Unit Breakdown: Unit 1: 1-bedroom (vacant) - estimated market rent ~$1,600/month; Unit 2: 2-bedroom - $1,681/month; Unit 3: Studio - $1,943/month( All units are all-inclusive). 2025 Annual Expenses:Water: $1,404.89; Hydro: $2,675.84; Gas: $2,873.60. An added bonus is the generous lot size, offering significant development potential. Take advantage of Bill 23, More Homes Built Faster Act, 2022, which may allow for additional residential units, maximizing long-term value and income.

3 x fridge, 3 x stove

Insights

  1. Strong Cash Flow: The property generates positive cash flow with existing tenants and a vacant unit that can be rented at an estimated market rate of $1,600/month, providing immediate income potential.
  2. Growth Potential: Located in downtown Barrie, the property has excellent potential for future growth, especially with the possibility of adding more residential units under Bill 23, enhancing long-term value.
  3. Flexible Leasing Options: All existing tenants are on month-to-month leases, offering flexibility for the new owner to adjust rental terms or occupy the vacant unit, catering to various investment strategies.

Neighborhood Overview

Complete neighborhood profile for 13 HENRY Street

Queen's Park home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Queen's Park
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)