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$749,900
Barrie
12 Dufferin Street, Barrie (Sanford), Ontario, L4N2J7
This multi-family property in Barrie is for sale offering roughly 900 sq ft of space.
ATTENTION INVESTORS! An excellent opportunity to acquire a 3 unit property in Barrie at a highly competitive price point. Situated on a 50' x 120' lot in Barrie's desirable Lakeshore community, this all-brick bungalow features a legal 2 unit dwelling plus a detached coach house, providing three separate living spaces and excellent income potential. The main unit offers 2 bedrooms and 1 bathroom and is currently vacant. The lower unit features 1 bedroom and 1 bathroom and is currently tenanted. The newly built coach house offers an additional 2 bedrooms and 1 bathroom and is also vacant. The location further strengthens the investment appeal. Just minutes from Barrie's waterfront and within walking distance of Centennial Park, Lake Simcoe, shopping, schools and public transit. Convenient access to GO Transit and major commuter routes north and south makes this an attractive location for tenants. Three units with two currently vacant. An excellent opportunity to establish new tenancies at current market rents. A compelling option for investors looking to add a multi-unit property with strong income potential to their portfolio. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 49 days on market, against an average age of 27 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This 5-bed multi-family in Barrie (Sanford) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $749,900, about 7.7× the local median household income of $97,000.
Carrying it typically needs a household income of about $146,482 (20% down, 25-yr amortization, stress-tested) — roughly 51% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4N)
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Loading rates, 30-yr amortization
Cash Needed to Close
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