88 Peel Street, Barrie

88 Peel Street, Barrie

Existing triplex with separate basement entrance. This home has two self-contained legal apartments in over 1,800 square feet (not including the basement). The main level has 3-bedrooms, laminate flooring and bonus sunroom/mudroom. 2nd level has its own deck and is a 1-bedroom apartment (kitchen 2017 with tiled backsplash). The lower level has 3-pc bath, 1 bedroom and new kitchen. All new bathrooms within the past 3-years. Freshly painted walls and cabinets with new hardware and updated appliances. Outside you’ll find a new front walkway, plenty of parking, a detached double garage, and an over-sized deck overlooking a massive backyard with a fire pit. Current rent is $2,385/mnth (main level), $1,849/mnth (upper level), and potential rent for 2nd 1-bedroom unit $1,200/mnth (lower level). Approved plans for Garden Suite in backyard, approximate cost to build $200k with a potential rent amount at $2,200/mnth. Utilities are paid directly by tenants. This is a legal duplex non-conforming triplex. Parking split, 2 spot for upper unit, 2 spots for main unit, 1 spot for lower unit.

 

$879,900