$1,099,000
3 PEEL STREET
Beds
8
Baths
6.2
Sqft
—
Year
—
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
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. (id:65958)
- Subtype
- Multi-family
- Structure
- Other
- Community
- Wellington
- Lot dimensions
- 92.4 x 116.9 FT
- Bedrooms
- 8 above grade
- Parking
- 6 total
- Stories
- 2.5
- On market
- Apr 16, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $6,282.3
- Photos
- 43
- MLS#
- S13008160
- Area
- BARRIE_(WELLINGTON)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Utilities
Cash on cash
-11.61%
Cap rate
3.57%
GRM
16.7
Break-even rent
$7,738
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Barrie (Wellington). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.