166 Collier Street, Barrie, ON L4M 1H7
$1,249,500
$1,249,500

166 Collier Street

Codrington, Barrie, Simcoe $1,249,500

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5 Beds
4 Baths
2500-3000 sqft
Parking for 5
North Facing
Zoning: RM2
MLS®#:
S12917266
Property Type:
Fourplex
Property Style:
2-Storey
Area:
Simcoe
Community:
Codrington
Taxes:
$5,887 / 2025
Added:
March 24 2026
Lot Frontage:
70
Lot Depth:
165
Status:
Active
Outside:
Brick
Year Built:
Basement:
Partial Basement,Exposed Rock
Brokerage:
SUTTON GROUP INCENTIVE REALTY INC.
Lot :

165

70

BIG LOT

Intersection:
Collier/Albert
Rooms:
Bedrooms:
5
Bathrooms:
4
Fireplace:
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:

Listing Details

Rare opportunity to own a money making 4-plex in an amazing area of Barrie. The property is fully tenanted, all tenants want to stay and love it here. The property runs smoothly with low maintenance fees. . The NET operating income is approximately $65,000 a year! That's over a 5.2% cap rate. All tenants are amazing and take care of the place. The location is sought after by tenants and this property has had no vacancies for over a decade. (Except when owner was renovating) All units have access to laundry. (One set is shared by 3 units, other unit has it's own). Property has just had a new roof done (June 2025) as well as some new eaves and down spouts. Potential to push back retaining wall at back and add even more value. Come have a look, you won't be disappointed. LA is owner.

4 stoves, 4 fridge, 2 washer and 2 dryer

Insights

  1. Strong Investment Potential: This property boasts a NET operating income of approximately $65,000 per year, translating to a cap rate of over 5.2%, making it an attractive investment opportunity for buyers looking for steady cash flow.
  2. Fully Tenanted with Long-Term Stability: All units are currently occupied by reliable tenants who wish to stay, ensuring consistent rental income and minimizing vacancy risks, which is a significant advantage for any investor.
  3. Recent Upgrades and Future Value Add: The property has a new roof (installed June 2025) and potential for further enhancements, such as expanding the retaining wall, which could increase its value even more in the future.

Property Features

Library
Public Transit

Sale/Lease History of 166 Collier Street

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Neighborhood Overview

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Codrington home prices

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Insights for 166 Collier Street

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)