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Simcoe County Multi-Family Real Estate Listings

Looking For An Investment Property In Simcoe County?

Jeff Gilbert is a local real estate broker that Specializes working with real estate property investors in Barrie, Orillia, Midland, Innisfil, Wasaga Beach and all of Simcoe County.

Jeff and his team currently manage over 70 investment properties in the Simcoe County area.

Jeff knows the rents, the tenant demographics and can make the process of purchasing or selling an investment property seamless from the start till completion.

More information regarding property management services can be found here, Fuse Property Management.

Featured Property

Exclusive/ Off-Market Purpose Built Duplex

Off-market purpose built duplex for sale in Midland.

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* For the Income/Expense, Rent Roll, Net Operating Income, Details of current tenancies and projected Return on Investment for any property listed below, Please Contact Jeff Direct.

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For sale
$714,900
36 LOUNT Street, barrie, Ontario

36 Lount Street

Barrie, Ontario

Welcome to this fantastic, multi-residential listing in the beautiful city of Barrie! This property is an excellent opportunity for both investors and first-time homebuyers. Featuring, 3 spacious bedrooms on the main level unit and a 1 bedroom unit on the lower level. Each unit has their own laundry facilities, the lower level unit has a gas fireplace for those chilly, winter nights. This legal second suite offers plenty of living space for tenants or extended family members. Each unit is thoughtfully designed to provide comfort and privacy. One of the highlights of this listing is the full-size detached garage, providing ample parking space and additional storage options. Whether you have multiple vehicles or need space for recreational equipment, this garage has you covered. Conveniently located close to all amenities, residents will enjoy easy access to shopping centers, restaurants, schools, parks, and more. The prime location ensures that tenants will have everything they need just a short distance away. For those who value outdoor space, this property offers a fully fenced yard. It's the perfect place to relax, host gatherings, or let children and pets play safely. Don't miss out on this incredible opportunity to invest in a multi-residential property with great potential. (id:46421)

4 Bedroom 2 Bathroom 1895.7300
For sale
$830,000
15 FRANCES Street N, barrie, Ontario

15 Frances Street N

Barrie, Ontario

A SAVVY INVESTMENT OPPORTUNITY AWAITS AT THIS CENTRALLY LOCATED DUPLEX ON A DOUBLE LOT WITH A FINISHED BASEMENT! Welcome to 15 Frances Street North. This home, nestled in a prime location near vibrant shopping centers and major highways, offers the pulse of urban living just moments away. The upper level boasts updated flooring and a renovated bathroom for a refreshing oasis. The spacious upper unit features three bedrooms and one bathroom, while the cozy main unit has two bedrooms and one bathroom. The one-bedroom and one-bathroom basement is perfect for extended family, older children or long-term guests. Outside, the double lot invites consideration for a separate garden suite, enhancing its potential as an income-generating asset. This charming home combines convenience with investment opportunity in an unbeatable location. #HomeToStay (id:46421)

6 Bedroom 3 Bathroom 3056
For sale
$4,399,999
1370 KILLARNEY BEACH ROAD, innisfil, Ontario

1370 Killarney Beach Road

Innisfil, Ontario

Step into an unparalleled investment opportunity nestled in the heart of Innisfil, one of Ontario's fastest-growing towns. This property represents a rare chance to establish a presence in a burgeoning real estate market. With 7 existing residential units and 1 commercial unit constructed just 3 years ago, currently yielding impressive rental income, it's a solid foundation. Moreover, city approval for an additional 12 units amplifies the potential, totaling 19 units primed for lucrative rental income or development.Positioned strategically amidst Innisfil's expanding landscape, this property serves as a gateway for investors to leverage the town's thriving economy and growing population. Its strategic location, minutes from Barrie and less than an hour from Toronto, attracts commuters and families, fueling demand for quality housing options.The prospect of 12 more units opens avenues for diverse opportunities, whether expanding the current rental portfolio or pursuing development ventures. Moreover, proximity to a plethora of amenities - from scenic parks and lakeshores to bustling shopping districts and esteemed schools - enriches the appeal. Residents relish easy access to recreational pursuits like boating, fishing, hiking, and golfing, embodying a lifestyle that seamlessly melds urban convenience with natural splendor.With the city's enthusiastic backing for further development and infrastructure enhancements, including transportation upgrades and commercial expansion, investing in Innisfil guarantees not only immediate returns but also long-term appreciation and prosperity.Whether you're a seasoned investor seeking portfolio diversification or a savvy entrepreneur with a knack for seizing opportunities, this property provides the ideal canvas to materialize your vision and optimize returns in Innisfil's dynamic real estate arena. **** EXTRAS **** Rental income statement available (id:46421)

3500 sqft
For sale
$525,000
36 HARRIET STREET, penetanguishene, Ontario

36 Harriet Street

Penetanguishene, Ontario

Fully renovated legal duplex in the heart of Penetanguishene, move-in ready! The main floor unit, a spacious 2-bedroom with in-suite laundry, is currently vacant and projected to rent for $1,800/month Separate Hydro + 2/3 of Other Utilities. It features a back door leading to a generous deck overlooking the expansive backyard. The upstairs unit is currently rented for $988.10 Separate - Other Utilities inclusive, offering a well-maintained one-bedroom space with in-suite laundry. With its large lot and R2 zoning, there's significant potential for adding a third unit, either as an addition or a garden suite. Don't miss out on this versatile investment opportunity schedule your private viewing today! (id:46421)

3 Bedroom 2 Bathroom 1537
For sale
$2,399,999
235 CANICE STREET, orillia, Ontario

235 Canice Street

Orillia, Ontario

Incredible Investment Opportunity. Approximately $141,000 Gross Income. 7 condo quality units situated in the North Ward of orillia. 5 - 2 bedrooms, 1 - 1 bedroom and 1 bachelor unit, and 10 parking spots. Everything in this building has been renovated (new plumbing, electrical, HVAC and new windows). All units have been completely renovated with European kitchens, floors, paint etc. ask Listing agent for sales packages (id:46421)

12744 sqft
For sale
$675,000
549 LACLIE Street, orillia, Ontario

549 Laclie Street

Orillia, Ontario

Discover a promising investment opportunity in Orillia's sought-after North Ward. Currently used as a two unit dwelling with 3 bedroom apartment upstairs and a 2 bedroom apartment in finished lower level. The main unit was renovated in 2020 with flooring and appliances. The property offers a large fenced backyard and ample parking, enhancing its appeal. Its prime location is a short walk from essential amenities, including grocery stores, public transit, trails, and schools, ensuring a high desirability among tenants. (id:46421)

1020
For sale
$569,000
74 QUEEN Street W, elmvale, Ontario

74 Queen Street W

Elmvale, Ontario

A variety of possibilities present themselves with this unique property. This is a fully tenanted, side by side legal duplex nestled in the heart of Elmvale with all downtown shops just a short walk. The duplex consists of a 1 bedroom apartment (unit B) with a 3 pc bath and in suite laundry plus generous fenced back yard. The other unit (unit A) is a 3 bedroom with a 4 pc bath, in suite laundry, also with a great back yard. The property is zoned R-2. The lot is 60 ft x 167 ft. Access to rear yard through abutting laneway. Elmvale is a cozy community surrounded by popular destinations including Wasaga Beach, Collingwood, Barrie, & Midland all within 30 minute drive. City life in Toronto is 90 minutes away. This is an opportunity for a person with vision to bring this home to it's former glory while enjoying an income to assist with the mortgage. (id:46421)

4 Bedroom 2 Bathroom 2016
For sale
$1,099,000
59 PEEL STREET, penetanguishene, Ontario

59 Peel Street

Penetanguishene, Ontario

Top 5 Reasons You Will Love This Property: 1) Rare six-plex, one-story building offers convenience while being ideally situated in-town and within walking distance to amenities and the stunning Georgian Bay 2) One bedroom rents proven out to get $1750/month, when the remaining five units are renovated and brought to market rate potential to increase value by $1 million+ 3) $60,276 in annual net operating income potential upside opportunity after renovating and bringing 5 remaining units to market rents 4) Additional value opportunity with each unit having two parking spaces 5) Incredible opportunity to generate passive income. Visit our website for more detailed information. (id:46421)

7 Bedroom 6 Bathroom
For sale
$779,900
486 GILL Street, orillia, Ontario

486 Gill Street

Orillia, Ontario

Are you in search of a fully equipped rental opportunity? Look no further than this legal duplex, ideally situated just a 5-minute walk from Lake Simcoe on Gill Street in the sought-after South Ward. Boasting 5 bedrooms and 2 bathrooms, this property offers versatility and potential. The main floor features 3 bedrooms along with a fully updated bathroom, kitchen, floors, paint, and a charming sunroom adding an extra 149 sq ft of living space. Additionally, there's a detached garage/workshop measuring 16 x 24 with hydro, currently serving as a games room complete with a pool table, dart board, and bar. Notable upgrades include new windows, garage door, metal roof, insulation, and rubber floor in the garage. The lower unit comprises 2 bedrooms and a fully upgraded bathroom, providing ample living space. The standout feature of this property is its expansive yard measuring 50x167, offering tremendous potential for future development. With the zoning and lot size permitting an additional dwelling unit, you have the option to construct another house at the rear or convert the garage into another rental unit to maximize your return on investment. Recent upgrades include a new roof in 2018, new eaves trough, fascia, and soffit in 2020, a 200amp electrical panel in 2020, a new hot water tank in 2020, and retaining walls both front and back. Don't miss out on this exceptional opportunity – schedule a showing today to explore the possibilities! (id:46421)

5 Bedroom 2 Bathroom 1050
For sale
$1,099,000
59 PEEL Street, penetanguishene, Ontario

59 Peel Street

Penetanguishene, Ontario

Top 5 Reasons You Will Love This Property: 1) Rare six-plex, one-story building offers convenience while being ideally situated in-town and within walking distance to amenities and the stunning Georgian Bay 2) One bedroom rents proven out to get $1750/month, when the remaining five units are renovated and brought to market rate potential to increase value by $1 million+ 3) $60,276 in annual net operating income potential upside opportunity after renovating and bringing 5 remaining units to market rents 4) Additional value opportunity with each unit having two parking spaces 5) Incredible opportunity to generate passive income. Visit our website for more detailed information. (id:46421)

7 Bedroom 6 Bathroom 4399
For sale
$550,000
62 TAYLOR ROAD, bracebridge, Ontario

62 Taylor Road

Bracebridge, Ontario

Welcome to an exceptional land value investment opportunity nestled in the heart of Bracebridge, Ontario. This prime commercial real estate offering presents a 0.45 acre lot zoned R4 in a highly sought-after downtown location with immense potential for growth and development. The offering presents significant opportunity for an investor or developer with a vision for transformative multi-residential projects looking to be a part of shaping the future of Bracebridge's multi-residential real estate landscape. (id:46421)

4352 ac
For sale
$1,195,000
31 MISSISSAGA STREET W, orillia, Ontario

31 Mississaga Street W

Orillia, Ontario

Top 5 Reasons You Will Love This Property: 1) Rare opportunity to own a renovated and turn-key, multi-unit commercial building in the heart of Orillias blossoming downtown 2) Enjoy a cap rate over 6% with five fully tenanted units, including two commercial spaces on the main level, one being a laundromat and the other being a clothing store 3) Three modernized and updated, two-bedroom residential units with an additional long-term revenue upside 4) Recent updates include a TPO roof, copper and pex plumbing throughout, and $581/month increased NOI 5) Directly across the street from the Orillia Public Library and Opera House in one of Orillia's most coveted downtown neighbourhoods. 5,816 fin.sq.ft. Age 104. Visit our website for more detailed information. (id:46421)

5224 sqft
For sale
$749,000
73 FREDERICK Street, orillia, Ontario

73 Frederick Street

Orillia, Ontario

Well-maintained legal triplex with two good tenants in upper units. The large main floor unit is vacant and is clean and freshly painted ready for a new tenant of your choice. The main floor features 3 bedrooms and a large dining room that could also be a 4th bedroom. There's an eat-in kitchen and a comfortable living room. Two upper units each have 2 bedrooms and provide just over $2,000 monthly while the main floor has a market rent value of $2300. Roof re-shingled in 2020, a new owned hot water tank (2020), windows upgraded (2015), eavestrough replaced (2017). Walking distance to the hospital and a short drive to OPP Headquarters, Georgian College, Lakehead University and Downtown Orillia. City Transit stop near by. (id:46421)

7 Bedroom 3 Bathroom 2733
For sale
$1,349,900
11 PEEL Street, penetanguishene, Ontario

11 Peel Street

Penetanguishene, Ontario

Professionally managed 6-unit property, all but unit 2 at market rent. Unit 1 is occupied by owner potential rent at $2200. Lake views nestled in the heart of town with easy access to all amenities. Approx. annual gross Income of $122,400 makes this an attractive opportunity for any investor. Units include 1-Huge 3 Bed Unit with basement, 1x2 Bed Unit, and 4x1 Bed units, each unit with its own hydro panel. Unit 1 has a new f/a furnace, S/S appliances, and washer/dryer. Units 2-6 are baseboard heated and all water heaters are owned. New metal roof, windows and deck in 2021 + cameras installed (as is). Ample parking spaces for 7-10 vehicles. Financials available upon request. (id:46421)

9 Bedroom 7 Bathroom 2592
For sale
$719,900
117 COLBORNE Street W, orillia, Ontario

117 Colborne Street W

Orillia, Ontario

Top 5 Reasons You Will Love This Property: 1) Discover this impeccably maintained legal fourplex ideally situated near Soldiers Memorial Hospital, offering effortless access to all that Orillia has to offer 2) With versatile C1 zoning, this property opens doors to a multitude of uses with one unit, previously a hairdresser's salon and now awaits residential or commercial occupancy 3) Recently upgraded, each unit radiates brightness and ease with efficient electric baseboard heating, minimizing the need for extensive furnace maintenance and upkeep 4) Enjoy peace of mind with a sturdy steel roof, providing long-lasting durability against the elements 5) Unwind with ample off-street parking at the rear of the property, presenting an additional opportunity to expand the building and enhance income potential. Age 104. Visit our website for more detailed information. (id:46421)

4 Bedroom 4 Bathroom 2400
For sale
$2,498,000
3071 MOSLEY STREET, wasaga beach, Ontario

3071 Mosley Street

Wasaga Beach, Ontario

EXCLUSIVE 12-UNIT PROPERTY IN A HIGH-DEMAND AREA WITH EXCITING DEVELOPMENT POTENTIAL! Welcome to 3071 Mosley Street. This property is located steps from the water and the new casino, making it an attractive investment. The property is situated on a corner lot with neighbouring vacant land earmarked for teardown and sale. Rezoned for medium density, it provides an opportunity for redevelopment in response to the area's high demand for residential spaces. With a solid cap rate of 5.75%, the property promises a lucrative investment. It comprises 9 single- and 3 double-bedroom units, all with kitchens (12), designed to generate steady rental income. There are no common areas, and tenants are responsible for their own utilities, which keeps operational costs low and maximizes profitability. A detailed profit/loss statement is available for potential buyers, providing insight into the property's financial performance. The property has undergone a seamless transformation from a motel to meet modern residential demands, with an old Phase 1 environmental report (2019) assuring its environmental integrity. The property features an impressive 147.30' frontage on a sizable 0.437-acre lot, offering plenty of space for expansion or additional amenities. Ample parking is available for residents and guests, enhancing its appeal and functionality. Whether you're an experienced investor looking to expand your portfolio or an entrepreneur seeking lucrative opportunities, this property provides an ideal platform for realizing your vision. (id:46421)

12 Bedroom 12 Bathroom
For sale
$2,498,000
3071 MOSLEY Street, wasaga beach, Ontario

3071 Mosley Street

Wasaga Beach, Ontario

EXCLUSIVE 12-UNIT PROPERTY IN A HIGH-DEMAND AREA WITH EXCITING DEVELOPMENT POTENTIAL! Welcome to 3071 Mosley Street. This property is located steps from the water and the new casino, making it an attractive investment. The property is situated on a corner lot with neighbouring vacant land earmarked for teardown and sale. Rezoned for medium density, it provides an opportunity for redevelopment in response to the area's high demand for residential spaces. With a solid cap rate of 5.75%, the property promises a lucrative investment. It comprises 9 single- and 3 double-bedroom units, all with kitchens (12), designed to generate steady rental income. There are no common areas, and tenants are responsible for their own utilities, which keeps operational costs low and maximizes profitability. A detailed profit/loss statement is available for potential buyers, providing insight into the property's financial performance. The property has undergone a seamless transformation from a motel to meet modern residential demands, with an old Phase 1 environmental report (2019) assuring its environmental integrity. The property features an impressive 147.30' frontage on a sizable 0.437-acre lot, offering plenty of space for expansion or additional amenities. Ample parking is available for residents and guests, enhancing its appeal and functionality. Whether you're an experienced investor looking to expand your portfolio or an entrepreneur seeking lucrative opportunities, this property provides an ideal platform for realizing your vision. (id:46421)

15 Bedroom 10000
For sale
$899,900
58 RIVER Road E, wasaga beach, Ontario

58 River Road E

Wasaga Beach, Ontario

Beautiful riverfront income producing property located on the Nottawasaga river just steps to the beach. Properly zoned for short term rental opportunities in Wasaga Beach this charming property has a year round home or cottage with adjacent one bedroom 3 season guest suite and two - 2 bedroom efficiency units all on the same 60 foot riverfront property. Explore the endless possibilities of owning this one of a kind riverfront property. Enjoy the main riverfront house yourself with supplementary income or see it as your next year round investment property that is within walking distance to beach area one, This beautiful waterfront home sleeps up to 10 and will be the place you hang your towel, after enjoying the hot summer sun, close to all amenities and a short drive to the ski hills of blue mountain not to mention your own riverfront playground. Panoramic views of the Provincial Park Peninsula with the most amazing sunsets you've ever seen. This Turnkey property is ready for your enjoyment, with all appliances and furniture included. Your income property or large family getaway is right here! Plenty of parking & fully fenced yard, well treed property includes gazebo & deck over looking the river. Natural sunlight open concept living riverfront views in the main house with vaulted ceilings, 3 bedrooms and a loft, walk out to deck, wood burning Fireplace & heated with Forced Air Propane, Natural Gas at the lot line is ready to be hooked up. 3 Season Bunkie equipped with bar fridge, wet bar area/Liv. room, 1 Bedroom & 4pc Bath. Two - 2 Bedroom efficiency units,1 is rented long term, come with full kitchens and living room and 4 pc baths, heated with Electric Baseboard. The Main Beach is a 3 minute walk to enjoy the nightlife entertainment & quiet walks on the beach. Down by the waters edge you have a private dock, where you can fish, feed the ducks, or tie up your watercraft. Get your boat in the water & enjoy this Beautiful Summer in Wasaga Bch.DuplicateMLS#40536223 (id:46421)

8 Bedroom 4 Bathroom 2221
For sale
$474,900
17 WILLIAM Street, orillia, Ontario

17 William Street

Orillia, Ontario

Solid brick Legal Duplex conveniently located close to downtown, park, schools. Separate hydro meters. 2 bedroom main foor apartment highceilings and unfnshed basement with laundry(2 bdr apartment only). Upper 1 bedroom apartment bright and high ceilings. Spacious living. New Furnace in 2022. (id:46421)

1572
For sale
$550,000
87 MCKENZIE Street, orillia, Ontario

87 Mckenzie Street

Orillia, Ontario

Here is your chance to get into the market. Legal 2.5 storey brick duplex in Orillia's West ward. Close to all amentias. Brand new windows on main floor. Main floor unit is vacant and Upper unit is tenanted. Great for those wanting help paying the mortgage. Potential to add another unit or garden suite. Lots of charm and character. Both units are two bedrooms. Main floor unit features 2 entrances (front and back). Upper unit features large open balcony off kitchen & large spacious rooms. Furnace, roof & electrical approximately 10 yrs. old. Fenced back yard with shrubs and mature trees. Quiet, long-term tenants, on month to month basis occupy the 2nd floor unit. 2 hydro meters and updated hydro panel. Newer shed. Basement used for landlord storage and the main floor unit has access to it for laundry. Two driveways and fenced back yard complete the picture. Expenses available from listing agent. Note Some pics are modified/staged to show potential . 24 hrs notice is required to see occupied unit. (id:46421)

4 Bedroom 2 Bathroom 1500
For sale
$884,000
1964 ROMINA Court, innisfil, Ontario

1964 Romina Court

Innisfil, Ontario

Welcome to 1964 Romina Court! This legal 2 unit detached property is one of a kind with beautiful all brick exterior, large open concept living spaces and income generator in the basement! Basement suite is legal and registered with the town of Innisfil. Basement features oversized windows in kitchen and bedroom areas and walk out to ground level - this space does not feel like a basement! Main level features tile & hardwood floors, gas fireplace, new appliances, laundry room, powder room and walk out to backyard deck. Second level features three bedrooms, two bathrooms and hall storage. New furnace installed in 2022. All smoke detectors are hardwired and interconnected as per building code for legal 2 unit suite. Basement ceiling finished to minimize noise transfer with Roxul Safe & Sound insulation, resilient channel & Type X drywall. (67262665) (id:46421)

4 Bedroom 4 Bathroom 2216
For sale
$745,000
11 LONSDALE Place, barrie, Ontario

11 Lonsdale Place

Barrie, Ontario

Legal duplex walking distance to RVH, Georgian College and schools. Backing on to Lonsdale Park. Positive cash flow for investor with 4 bedrooms in each unit (rent by the room to students) or owner occupied main floor with income from rented basement. Main floor vacant but would rent for $2,250 per month inclusive. Basement rented month to month at $1,998.75 per month inclusive. 2023 utility costs with both units rented: Gas $1,542.75, Hydro $2111.67; Water and sewer $1,640.36. (id:46421)

8 Bedroom 2 Bathroom 2548
For sale
$639,000
37 ROSS Street, barrie, Ontario

37 Ross Street

Barrie, Ontario

Nestled in the the downtown core, this legal duplex presents a golden opportunity for savvy investors or those seeking a comfortable home with income potential. The well-maintained upper unit features 2 bedrooms, a 3 pc bathroom, kitchen with breakfast bar and living room. The lower unit features a kitchen, dining room, living room, 4 pc bathroom and 2 bedrooms in the basement, including in-unit laundry as well as access to two decks. Separate hydro meters for each unit and loads of parking. Within walking distance to shopping, restaurants, Queen's Park, Heritage Park and Centennial Beach, as well as easy access to HWY 400. Whether you're an astute investor or a homeowner looking to maximize your investment potential, this duplex offers the perfect combination of location, convenience and income generation. Vacant possession available. (id:46421)

4 Bedroom 3 Bathroom 2019
For sale
$875,000
113 JOHN Street, barrie, Ontario

113 John Street

Barrie, Ontario

You'll see the most commonly used phrases online say what a fantastic opportunity and in this case, we truly want to share that it is! We made the photos available and low maintenance, low expenses and truly is. Whether wanting this building for a home where the other units can help offset your mortgage, co-share with other friends or family to get into home ownership or investment, have the flexibility as the lower unit on ground level is vacant. Previously a duplex converted to a triplex and final approval given February 7, 2019 (on file). The main floor unit is tenant occupied and upper unit, short-term tenant. Each unit is separately self-contained with own entrances, hot water tank, hydro meters, heating and cooling + hydro, laundry and 2 car parking. Large lot and fantastic central location in Barrie close to all amenities, shopping, restaurants, bars, waterfront, highway 400 access and more. See financial section for more information but a lot of costs are off-set and minimal expenses. Possible VTB available as per seller. See photos and videos for more layout information and condition. Financials available in the financial section. Note that one unit is vacant and can set own market rent (id:46421)

6 Bedroom 3 Bathroom 2100
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