Gurvinder Nokwal REALTOR®
For Sale Triplex 78 days on market

$1,100,000

Est. payment $4,871/moCalculate yours

134 Napier Street, Barrie, ON L4M 1W5

Codrington, Barrie, ON L4M 1W5

  • 4 + 1 Beds
  • 3 Baths
  • 2,000 Sq Ft

Listing courtesy of ROYAL LEPAGE FIRST CONTACT REALTY MLS® S13629462

About this home

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!

Property details

Overview

Property Type
Triplex
Style
2-Storey
For
For Sale
Status
New
Approximate Age
51-99
Size
2,000 sqft

Interior

Bedrooms
4 + 1
Bathrooms
3
Kitchens
3
Basement
Apartment, Full

Building & Systems

Heating
Radiant (Gas)
Cooling
Wall Unit(s)
Exterior
Brick, Vinyl Siding
Foundation
Concrete Block
Roof
Membrane
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
55 x 165 Feet
Parking
None garage · 5 total
Zoning
R2

Financial

Property Taxes
$6,071 (2025)

Location

Neighbourhood
Codrington
Cross Street
Cook Street and Napier Street
Direction Faces
North

Listing

MLS® Number
S13629462
Days on Market
78
Listed On
2026-08-01
Listed By
ROYAL LEPAGE FIRST CONTACT REALTY

Rooms

Room Level Dimensions
Kitchen Lower 11′ 11″ × 15′ 8″
Bedroom Lower 11′ 9″ × 10′ 11″
Living Room Second 11′ 11″ × 13′ 1″
Laundry Lower 11′ 9″ × 15′ 11″
Bedroom 2 Second 11′ 9″ × 15′ 11″
Bedroom 2 Main 11′ 9″ × 15′ 11″
Kitchen Second 11′ 11″ × 15′ 8″
Bedroom Main 11′ 9″ × 10′ 11″
Bedroom Second 11′ 9″ × 10′ 11″
Living Room Lower 11′ 11″ × 13′ 1″
Living Room Main 11′ 11″ × 13′ 1″
Kitchen Main 11′ 11″ × 15′ 8″

Features

Interior

  • Separate Hydro Meter
  • Separate Heating Controls
  • Water Heater

Property

  • Beach
  • Golf
  • Hospital
  • Lake/Pond
  • Public Transit
  • Rec./Commun.Centre

Pool

  • None
Included
Existing Fridge and Stove in each unit (3 fridges, 3 stoves).
Excluded
All tenant belongings
Rental items
Gas Hot Water Heater x 2, Coinomatic Washer and Dryer (under month-to-month contract).

Mortgage calculator

Minimum for this price: $85,000 (7.73%)

Amortization, years

Estimated mortgage payment

$4,871 per month

Principal and interest
$4,871
Property tax
$506
Estimated monthly cost
$5,376

Your mortgage

Mortgage amount
$880,000
Mortgage insurance
Not needed
Interest over 25 years
$581,169

Cash to close

Down payment
$220,000
Land transfer tax
$18,475
Total, before legal fees
$238,475
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

134 Napier Street, Barrie, ON L4M 1W5 Codrington, Barrie, ON L4M 1W5
Open in Google Maps

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,100,000 134 Napier Street, Barrie, ON L4M 1W5
Request a showing