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Main Photo: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 1: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 2: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 3: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 4: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 5: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 6: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 7: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 8: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 9: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 10: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 11: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 12: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 13: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 14: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 15: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 16: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 17: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 18: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 19: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 20: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 21: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 22: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 23: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Photo 24: 72 CAMPBELL Avenue in Simcoe: Allandale Commercial for sale (Barrie)  : MLS®# S12090786
Status:
Active
Prop. Type:
Commercial
MLS® Num:
S12090786
Bus Major:
Apts - 2 To 5 Units
Could this be your chance to step onto the investment ladder, or maybe a smart move for a move-up buyer where you live in one unit and rent the other two? Located in a nice central location but at the end of a dead-end street, this property offers not only three legal units but a good-sized yard. Could you add a fourth unit? The original house has been converted into two apartments, with the upper unit having been recently fully renovated and the main floor unit offering a good-sized living space. This property also has a fully detached one-bed garden suite with a long-term tenant who would like to stay. This lot is large by today's standards, offering a 67 x 165 feet yard. Plenty of space for the budding entrepreneur. There is also a commercial-grade coin-operated washer and dryer for extra income. Close by is access to Highway 400, Anne Street and Essa Road. The property is approximately a 10-minute walk to Kempenfelt Bay with everything that a fantastic beach setting has to offer. You could also walk to the Downtown GO station in approximately 10 minutes, providing many commuting options to Toronto. The property has been well managed, and there are no issues with the current Tenants. Full financials are available, including proof of the legality of the three units. Also note if you are an investor and interested in creating a larger investment portfolio #68 is also for sale @$799,000. Both of these properties are easy to manage with few vacancies over the years.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
1505 sq. ft. Square Feet
Total Area:
1,505 sq. ft.
Depth:
165'
Frontage:
67'6"
Lot Shape:
Rectangular
Water supply:
Municipal
Soil Test:
No
Zoning:
RM1(SP-528-HC)
Heating type:
Gas Forced Air Closed
Survey Available:
No
Garage:
None
Parking Spaces:
8
Possession Details:
Property is Tenanted
HST Applicable To Sale Price:
Included In
Assessment:
$403,000
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$5,454 / 2024
Assessment:
$403,000.00 / 2025
Barrie
Allandale
Simcoe
Major Highway, Public Transit
No
None
3x Fridges, 3x stoves, 1x dishwasher 1x coin operated Washer and 1x coin operated Dryer, Hot Water Tank.
Tenants possession
None
No
No
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
Expenses Actual/Estimated:
Actual
Property Management Company:
None
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Franchise:
No
Chattels:
No
LLBO:
No
Outside Storage:
No
Date Listed:
Apr 18, 2025
Original Price:
Previous Price:
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Listed by KELLER WILLIAMS EXPERIENCE REALTY
Data was last updated May 9, 2025 at 05:15 PM (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

What to Look for in Apartment Buildings for Sale

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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If you’re selling an apartment building, our platform offers exceptional exposure to a targeted audience of potential buyers. We utilize advanced marketing techniques to highlight the key features and benefits of your property, ensuring it stands out in the market. Our goal is to connect you with interested and qualified buyers efficiently, facilitating successful and profitable transactions.

Start Exploring Apartment Buildings for Sale Today

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.