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134 Napier Street, Barrie, ON L4M 1W5

4+1 beds · 3 baths · 2+1 kitchens · 8+3 rooms · 5 parking spaces · 2000-2500 sq ft · Laundry on the lower level level · Triplex
$1,100,000
Property tax
$6,071 / year

Discover a special opportunity to own a well-maintained triplex in Barrie's sought-after East End, nestled in a quiet, tree-lined neighbourhood surrounded by single-family homes on generous lots. Whether you're looking to live in one apartment and rent the others, or you're an investor expanding your portfolio, this property checks every box. Enjoy the flexibility to move in and start earning income right away, from two additional units - or rent out all three and build long-term wealth in one of Barrie's most desirable areas. Two-2 bedroom apartments and one-1 bedroom. One of the two-bedroom units is currently vacant giving you the freedom to select your own tenants and set market rents for this unit from day one. The second two-bedroom unit has been recently rented at market rent. Units are separately metered for hydro. The location is unbeatable, close to Royal Victoria Hospital, Johnsons Beach, Codrington School, East Bayfield Recreation Centre, The Barrie Country Club, beautiful parks, and Downtown Barrie. Its the kind of area that attracts stable tenants and makes residents proud to call home. ** Added Opportunity - explore the potential to add a fourth unit to the property through the addition of an Accessory Dwelling Unit on this generous 55' x 165' lot! ** Opportunities like this don't come along often and when they do, they stay in the portfolio for years. Dont wait to book your viewing, this one wont last long!

MLS number
S13629462
Type
Triplex
Status
Active
Bedrooms
5
Bathrooms
3
Postal code
L4M 1W5
Photos
25
Laundry
Lower Level level
42days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Monicas Separate School
Simcoe Muskoka CDSB
Elementary409 m5.9 / 10
59% met the standard
Steele Street Public School
Simcoe County DSB
Elementary585 m5.9 / 10
59% met the standard
Sevenoaks AcademyElementary587 mNot reported
Codrington Public School
Simcoe County DSB
Elementary582 m9.4 / 10
94% met the standard
Eastview Secondary School
Simcoe County DSB
Secondary881 m7.7 / 10
77% met the standard · 2 of 6 measures
Johnson Street Public School
Simcoe County DSB
Elementary870 m6.5 / 10
65% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 508 people.

$92,000Median household income
77.3%Own their home
76.7%Detached houses
44Median age
4.1%Born outside Canada
41.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35431115 — the few blocks around this address, home to 508 people. It describes the area, not this property.

508Population
43.3Average age
2.4Household size
$112,000Average household income
$92,000Median household income
77%Own their home
23%Rent
0%Condominiums
4%Born outside Canada
42%University degree
$690,000Average home value
5%Low income
45%Not in the labour force
25%Never married
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9993%
$40,000 to $44,9992%
$45,000 to $49,9993%
$50,000 to $59,9995%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9993%
$90,000 to $99,9995%
$100,000 and over30%
$100,000 to $124,9998%
$125,000 to $149,9998%
$150,000 to $199,99910%
$200,000 and over6%

Percentages are of the 315 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$220,000 · minimum here is $85,000
$4,870.56per month
Borrowed before insurance$880,000
Total borrowed$880,000
Interest over 25 years at 4.5%$581,169

If you rented it out

-$5,376.48per month out of pocket
Rent$0.00
Everything it costs to hold$5,376.48
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ROYAL LEPAGE FIRST CONTACT REALTY. Listing data provided by the Toronto Regional Real Estate Board.