Room 1
Level not provided
9 Penetang St
Codrington, Barrie, Ontario L4M 1V5
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- S14099342
- Board
- TRREB MLS®
- Days on market
- Tax
- $6,222
- Size
- 2500-3000 sqft
- Lot
- 65.25 × 128 Feet
- Parking
- None, 6 Parking
Listing History
Buy/Sell history for 9 Penetang St, Barrie, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $649,900 | N/A | For Sale | S14099342 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Triplex
- Style
- 2-Storey
- Community
- Codrington
- Municipality
- Barrie
Inside
- Bedrooms
- 5
- Bathrooms
- 4
- Bathroom Detail
- 1, 3pc, Main
- Bathroom Detail
- 2, 3pc, 2nd
- Bathroom Detail
- 1, 3pc, Ground
- Basement Type
- Part Bsmt
- Kitchens
- 3
Utilities
- Water
- Municipal
- Cooling
- None, Window Unit
- Heating Type
- Forced Air
Building
- Size
- 2500-3000 sqft
- Construction
- Brick
Parking
- Driveway
- Private, Front Yard
- Garage Type
- None
- Add. Parking
- 6
- Total Parking
- 6
Land
- Sewer
- Sewers
- Lot Size
- 65.25 × 128 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
13 records read 7 on record nearby 6 no record found in the source searchedMatched 2026-11-07
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m17 test or monitoring holes also recorded.
- Groundwater recorded about 7 m below ground nearbyThe middle water level in the well records within 500 m (49 records). It changes with the season and from spot to spot.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasChecked at the listing’s mapped point, not across the whole lot.
- Nearest airport: 3.7 km
Province of Ontario open data
Around the home
- A trail or path within 1 km
Provincial and municipal trail maps
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The Corporation of the City of Barrie — Wastewater Treatment Facility, 2.1 km away. Only facilities above the inventory’s reporting thresholds are listed.
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Alectra Utilities Corporation
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, PTP Broadband, Rogers, RuralNet, Ultrafast Wireless, Vianet, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$2,980
- Down payment$129,980
- Mortgage amount$519,920
- Total interest$374,080
- Total cost$1,023,980
Cash flow analysis
$2,980
Total monthly payment
$3,499
Break-even down payment
100%
Cash flow-$3,499
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$649,900
$649,900
CAD
Estimated market value
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