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$949,888
Barrie
329 Edgehill Drive, Barrie (Edgehill Drive), Ontario, L4N9X5
This multi-family property in Barrie is for sale offering roughly 3,250 sq ft of space. It has been on the market 21 days, fresher than the Barrie average of 47 days.
**EXCEPTIONAL INVESTMENT** opportunity in sought-after neighbourhood with endless possibilities! This legal duplex is the perfect addition to your investment portfolio or an ideal solution for multi generational living. Featuring two self-contained units, this versatile property offers the flexibility to generate strong rental income, live in one unit while the other helps offset your mortgage, or comfortably accommodate extended family under one roof. The property is currently tenanted, providing immediate income potential for investors, while the Seller is also willing to provide vacant possession, offering the flexibility for Buyer to move in and make it their own. Ideally situated, you'll enjoy convenient access to Highway 400, schools, parks, shopping, restaurants, public transit, and all essential amenities. Whether you're an investor looking for a turnkey income property or a homeowner seeking flexibility and future value, this legal duplex is a rare opportunity you won't want to miss! **NB: A/C in upper unit only, shared water meter, separate gas and hydro meters, separate HVAC system.** (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 47 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 7-bed multi-family in Barrie (Edgehill Drive) has been listed for 21 days, which is 26 days fresher than the city average of 47. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $949,888, about 9.8× the local median household income of $97,000.
Carrying it typically needs a household income of about $185,546 (20% down, 25-yr amortization, stress-tested) — roughly 91% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4N)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.