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64 High Street, Barrie, ON L4N 1W4

3 beds · 3 baths · 3 kitchens · 10 rooms · 6 parking spaces · 2000-2500 sq ft · Triplex
$625,000
Property tax
$4,066 / year

Attention Investors & First-Time Buyers! Here's an opportunity to own a well-managed legal triplex offering positive cash flow and an excellent cap rate in the Barrie market. Featuring three fully rented units, a proven rental history, and little to no vacancy, this property is positioned to perform from day one. Excellent AAA rental profile with all tenants in good standing.Inside, spacious layouts, soaring ceilings, large windows, and timeless Victorian character create bright, inviting living spaces with strong tenant appeal. Significant improvements were completed in 2025, including upgraded electrical service to the property along with the replacement of both the furnace and central air conditioning. In addition, the main sewer line from the property to the municipal connection was replaced after the original line had collapsed-another substantial infrastructure upgrade already taken care of.Ideally situated in one of Barrie's desirable lakeside pockets, the property offers an attractive combination of income, location, and long-term investment potential. For investors, the fully tenanted setup provides reliable income today with future rental growth potential. For first-time buyers, rental income can help offset mortgage costs while building equity in a sought-after location.Whether expanding your portfolio or looking for a smart entry into homeownership, this versatile triplex delivers cash flow, character, major recent improvements, and strong investment fundamentals. A rare opportunity in a prime Barrie location!

MLS number
S13693670
Type
Triplex
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
L4N 1W4
Photos
24
24days · 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 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 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
Simcoe Shores Secondary School
Simcoe County DSB
Secondary575 mNot reported
Hillcrest Public School
Simcoe County DSB
Elementary722 m5.4 / 10
54% met the standard
Oakley Park Public School
Simcoe County DSB
Elementary1.4 km5.4 / 10
54% met the standard
Barrie North Collegiate Institute
Simcoe County DSB
Secondary1.5 km6.8 / 10
68% met the standard · 2 of 6 measures
Portage View Public School
Simcoe County DSB
Elementary1.6 km6.5 / 10
65% met the standard
Cundles Heights Public School
Simcoe County DSB
Elementary2.2 km5.8 / 10
58% 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 1,076 people.

$77,500Median household income
75.4%Own their home
6.1%Detached houses
68Median age
22.2%Born outside Canada
19.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35431019 — the few blocks around this address, home to 1,076 people. It describes the area, not this property.

1,076Population
62.6Average age
1.6Household size
$98,600Average household income
$77,500Median household income
75%Own their home
25%Rent
81%Condominiums
22%Born outside Canada
20%University degree
$672,000Average home value
10%Low income
14%Never married
Under $5,0001%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9994%
$45,000 to $49,9993%
$50,000 to $59,9996%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9995%
$90,000 to $99,9994%
$100,000 and over25%
$100,000 to $124,9999%
$125,000 to $149,9997%
$150,000 to $199,9995%
$200,000 and over6%

Percentages are of the 905 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.

$125,000 · minimum here is $37,500
$2,767.36per month
Borrowed before insurance$500,000
Total borrowed$500,000
Interest over 25 years at 4.5%$330,209

If you rented it out

-$3,106.20per month out of pocket
Rent$0.00
Everything it costs to hold$3,106.20
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 ENGEL & VOLKERS TORONTO CITY. Listing data provided by the Toronto Regional Real Estate Board.