$550,000

35 Bernick Drive

Barrie ON, L4M 5C1

Description

Registered 2nd Suite - Income Property:per the City of Barrie since 8/7/2008 ; 3 bedrooms up and 1 bedroom + den in basement. Tenant uses den as additional bedroom. There is common laundry area. Income: Upper unit $1600 (inclusive) and Lower Unit: $1350 (inclusive). Monthly expenses: $713.41 (per landlord). Close to College Park; on bus route, close to Georgian College and Hospital; Easy walk to conveniences such as Pharmacy, Pizza, Wings, Pitas, Chicken, Tim Hortons, Convenience Store and more. Fully rented; tenants fixed leases now month to month. Photos available for lower unit in listing. 24 hours notice required for tenants. Financial information as per seller: Gross Annual Income: $35,400.00 (rents include utilities: Gross Annual Expenses (including property taxes): $8,560.92 Net Income: 26,039.08

Details

MLS#40014345
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1979
Days On Site55

Features

SQ Feet2,082
Units3
Building(s)1
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Area Information
ProvinceON
CountySimcoe County
CityBarrie
Postal CodeL4M 5C1
AreaBarrie
Listing VS Median (in L4M 5C1)
Price:
$550,000
low | high
Med:
$550,000
50% of Average
SqFt:
2,082
low | high
Med:
1,041
100% of Average
$ / SqFt:
$264
low | high
Med:
$132
100% of Average
On Site:
55
low | high
Med:
37.500000
100% of Average
Listing Updated: 10/23/2020
Shannon Murree LogoMLS Number: 40014345
Listing Provided By:
Shannon Murree  of  RE MAX Hallmark Chay Realty Brokerage
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