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Main Photo: 116 Maple Avenue in Barrie: Queen's Park Commercial for sale : MLS®# S13415186
Photo 1: 116 Maple Avenue in Barrie: Queen's Park Commercial for sale : MLS®# S13415186
Photo 2: 116 Maple Avenue in Barrie: Queen's Park Commercial for sale : MLS®# S13415186
Photo 3: 116 Maple Avenue in Barrie: Queen's Park Commercial for sale : MLS®# S13415186
Photo 4: 116 Maple Avenue in Barrie: Queen's Park Commercial for sale : MLS®# S13415186
Photo 5: 116 Maple Avenue in Barrie: Queen's Park Commercial for sale : MLS®# S13415186
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Photo 17: 116 Maple Avenue in Barrie: Queen's Park Commercial for sale : MLS®# S13415186
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Photo 20: 116 Maple Avenue in Barrie: Queen's Park Commercial for sale : MLS®# S13415186
Status:
Active
Prop. Type:
Commercial
MLS® Num:
S13415186
Bus Major:
Apts - 2 To 5 Units
Calling all investors looking to add to their portfolio: this 2-storey legal triplex located in central Barrie with RM2 zoning is ideally situated just a short walk to the downtown core, the beautiful waterfront, marina, library, public transit and all amenities. Building has had recent upgrades, including a concrete walkway and fencing, and unit 2 has been renovated with new flooring. Building also offers a separate room for coin laundry as additional income. The three units include two 2-bed units and one 1-bed unit, all offering large windows allowing for plenty of natural light and seasonal views of Kempenfelt Bay. Tenants appreciate the oversized driveway with parking for up to 4 cars and the private lot surrounded by mature trees, with Barrie's iconic Spirit Catcher in view from the driveway. The three existing long-term tenants are month-to-month and would like to stay. Tenants pay their own hydro, and an efficient natural gas hot water boiler system heats the property. Please note: interior photos were taken prior to the current tenants moving in.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
10846 sq. ft. Acres
Total Area:
10,846.44 sq. ft.
Lot Depth:
132'
Lot Frontage:
82'6⅛"
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
RM2
Heating type:
Gas Hot Water
Survey Available:
No
Garage:
Outside/Surface
Parking Spaces:
4
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Assessment:
$423,000
Assessment Year:
2026
Type Taxes:
Annual
Taxes:
$5,972 / 2025
Assessment:
$423,000.00 / 2026
Simcoe
Barrie
Queen's Park
Public Transit, Recreation/Community Centre
Included fridges x3, Stoves x3, Dishwasher x1
Tenants personal belongings
None
UFFI:
No
Utilities:
Available
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Sanitary
Air Conditioning:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Outside Storage:
No
Date Listed:
Jun 08, 2026
Original Price:
Previous Price:
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Listed by KELLER WILLIAMS EXPERIENCE REALTY
Data was last updated June 15, 2026 at 06:15 AM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

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When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

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Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.