Barrie, Allandale Heights, L4N 3P6
$699,000
Listed by COLDWELL BANKER THE REAL ESTATE CENTRE.
nvestor's Dream - Triplex Potential! Profitable Opportunity: This sidesplit detached home, is bursting with investment potential. With the right renovations and permits, you can turn it into a lucrative triplex, boosting your rental income. While it needs some work, this property is your canvas to add substantial value. Whether you're an experienced investor or a DIY enthusiast, it offers tremendous potential. The property is sold "as is," granting you the creative freedom to transform it into a profitable investment. To legalize it as a triplex, you'll need to apply for permits from the city, unlocking the property's full value. Disclaimer: All information is for informational purposes only. Buyers must conduct due diligence, including inspections, permitting, and research, to ensure the property aligns with their investment goals. Don't miss this chance to transform this property into a gem with high returns.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
