$1,099,000
FOR SALE

Multiplex 2 1/2 Storey

Bedrooms: 8Bathrooms: 6Lot: 92.41 x 116.86 ft
2025 Taxes: $6,282.3

3 Peel St
Barrie, ON L4M 3K7 | Wellington | Simcoe

Welcome to 3 Peel Street, a unique and versatile property offering strong income potential in a sought-after downtown location. Situated on a spacious corner lot,this legal 4-plex also includes a detached in-law suite carriage house, offering a total of 5 self-contained units, all within walking distance to the library, farmers market, transit, and local amenities. The focal point is a red brick century home full of character, featuring distinctive gable details and timeless curb appeal. Inside,the property blends historic charm with functional living across multiple rental units. Unit 1, on the main floor, is a 3-bedroom suite with a separate powder room and a dedicated bath/shower room. Unit 2, in the detached carriage house, offers two bedrooms, a living room, kitchen, and a 4-piece bathroom, ideal for tenants seeking added privacy. Unit 3 is a 1- bedroom with new flooring and a refreshed 3-piece bathroom. Unit 4 is a spacious 1-bedroom with an eat-in kitchen, separate living room, full 4-piece bathroom, and fresh paint with new floors. Unit 5 features one bedroom, a galley-style kitchen, separate living room, and a 3-piece bath. Recent upgrades include electrical and plumbing inspections, a new pressure booster for the water system, and two new rental hot water heaters. The property offers parking for multiple vehicles and detached garage space for tenant storage. 4 out of the 5 units are currently tenanted.
Extras
Accessory Apartment, In-Law Suite
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Listed By Royal LePage Locations North
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S13008160
Last Updated May 13, 2026
Property Summary
Property Type Multiplex

More like this:
Legal Description PT LT 21 W/S MULCASTER ST PL 78 BARRIE; PT LT 22 W/S MULCASTER ST PL 78 BARRIE; PT LT 30 E/S PEEL ST PL 78 BARRIE AS IN RO1101117; BARRIE
Possession Date Flexible
Taxes (2025) $6,282.3
Directions/Cross Streets Codrington Street and Peel
Neighbourhood Wellington
Area Simcoe
Price History

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Detailed Information
Fronting On East
Special Designations Unknown
Included Cable TV
Bedrooms 8
Bathrooms 6
Lot 92.41 x 116.86 ft
Exterior Wood
Air Conditioning None
Basement Partial Basement, Unfinished
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 6
Heat Source Gas
Heat Type Radiant
Sewers Sewer

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