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 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 generous 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 six vehicles and garage space for tenant storage. Witht hree of the five units currently vacant, this is a prime opportunity to set new rental rates and maximize return.
For sale
C$1,099,000
3 Peel St, Barrie, ON L4M 3K7
8beds
6baths
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Corner lotRed brick century homeDistinctive gable detailsHistoric charmFunctional livingSeparate powder roomNew flooring
- 61 days
- on Zillow |
- 57 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: June 17, 2025 at 01:41pm
Listed by:
Royal LePage Locations North
Source: TRREB,MLS®#: S12227623
Originating MLS®#: One Point Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Heating
- Radiant, Gas
Cooling
- None
Features
- Flooring: Accessory Apartment
- Basement: Partial,Unfinished
- Has fireplace: No
Interior area
- Living area range: 3500-5000 null
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 2.5
- Pool features: None
Lot
- Size: 10,799.03 Square Feet
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood, Brick
- Foundation: Stone
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Barrie
Financial & listing details
- Annual tax amount: C$6,282
- Date on market: 6/17/2025
- Electric utility on property: Yes
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