NewFor Sale

9 Penetang Street
Barrie, Simcoe, ON, L4M 1V5

Triplex
TRREB
MLS® Number: S14099342
Estimated Value
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$649,900List Price
5Bedrooms
4Bathrooms
0Garages
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Current valuation for 9 Penetang Street, Barrie, ON L4M 1V5. Listed for $649,900 on 2026-11-14

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Description

Legal triplex offered at $649,900 with annual rental income of $58,560 and an approximately 5.6% cap rate based on seller-reported income and expenses. Professionally managed and fully tenanted, this Barrie investment property features two spacious two-bedroom units and one large one-bedroom unit, along with six parking spaces. Income and expense information fro all three units, and floor plans for two units are available for review. Situated on historic Court House Hill in the established Codrington neighbourhood, this substantial circa-1888 red-brick building combines rental income with distinctive character. Significant renovations completed in 2013 included kitchens, bathrooms and more. The furnace and shingles date to 2013, and an on-demand hot water system was installed in 2025.An opportunity to add a three-unit income property to your portfolio in an established Barrie neighbourhood. All tenants are currently month to month. Buyer to verify financial information.

Features

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Amenities

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Summary

Tax:$6,222 / 2026
Listing #:S14099342
Property Type:Triplex, 2-Storey
Size:2500-3000 feet²
Land Size:65.25 x 128
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX HALLMARK CHAY REALTY

Rooms

Details

Property

Property Type:Triplex
Style:2-Storey
Community:Codrington
Municipality:Simcoe

Building

Size:2500-3000 feet²
Construction:Brick

Inside

Bedrooms:5
Bedrooms Above Grade:5
Bathrooms:4
Bathrooms Detail:1, 3pc Main floor
Bathrooms Detail:2, 3pc Second floor
Bathrooms Detail:1, 3pc Ground floor
Kitchens:3
Family Room:No
Appliances Included:On Demand Water Heater, Sump Pump
Basement:Partial Basement

Parking

Driveway:Private, Front Yard Parking
Garage Type:None
Garage Spaces:0
Total Parking Spaces:6

Utilities

Cooling:None, Window Unit(s)
Heating Type:Forced Air
Heating Fuel:Gas
Utility Sewer:Sewer

Land

Cross Street:Mulcaster and Codrington

$649,900

List price

9 Penetang Street, Barrie – 5 bed Triplex for sale · MLS® # S14099342 | CPRB