Property Description

Excellent opportunity for investors looking to add a multi-unit income property to their portfolio in a central Barrie location. 236 Tiffin Street is currently configured as a six-unit residential property, offering an established multi-residential setup. Located along the Tiffin Street corridor, the property is well positioned for tenants requiring convenient access throughout the city. The location provides easy connectivity to Highway 400, Essa Road, downtown Barrie, the waterfront and surrounding employment and commercial areas. The nearby Allandale area has also become an increasingly important transportation hub, with the new Barrie Allandale Transit Terminal at Essa Road and Tiffin Street providing local and inter-regional transit connections, together with convenient access to the Allandale Waterfront GO Station. For an investor, the combination of six existing units, a central location and access to major transportation routes creates an attractive opportunity at an accessible price point. The surrounding Tiffin/Allandale corridor includes a mixture of residential, commercial and employment uses, while ongoing planning and redevelopment activity in the broader area may provide additional long-term upside. The property is currently configured and utilized as six residential units; however, the existing zoning does not currently recognize/permit the property as a legal six-unit residential use. Buyers are advised to conduct their own independent due diligence regarding zoning and legal use. Property is sold "as is" . The Seller and Listing Brokerage make no representations or warranties regarding the legality of the existing six-unit configuration. An opportunity for the knowledgeable investor to acquire a six-unit income-producing property in a strategic central Barrie location, with the pricing reflecting the property's current zoning status. Square footage not available, measurement required (id:7434)