80 GARDEN Drive, Barrie (Allandale Heights), Ontario, L4N5K2

For sale

12 days ago

$625K

80 GARDEN Drive, Barrie (Allandale Heights), Ontario, L4N5K2

5 bd2 ba3 pk1,750 ft²

Listed by RIGHT AT HOME REALTY

118 Marshall Street, Barrie (Allandale Heights), Ontario, L4N4L5

For sale

15 days ago

$700K

118 Marshall Street, Barrie (Allandale Heights), Ontario, L4N4L5

5 bd2 ba5 pk1,300 ft²Lot size 50 × 110 ft (5,500 sq ft)

Listed by CENTURY 21 B.J. ROTH REALTY LTD.

Investment analysis

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$649,900

Barrie

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$649,900

$674,900For salePrice drop↓ $25,000 (4%)

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39 Highcroft Road, Barrie (Allandale Heights) - Multi-family for Sale

39 Highcroft Road, Barrie (Allandale Heights), Ontario, L4N2X6

5 beds2 baths3 parking1,300 ft²31 × 122 ft (3,706 sq ft) lot sizeListed 33 days ago

Overview

This multi-family property in Barrie is for sale offering roughly 1,300 sq ft of space. It has been on the market 33 days, fresher than the Barrie average of 43 days.

Multi-Family Properties for Sale in Barrie →All real estate in Barrie →

Description

A HOME THAT HELPS WITH THE MORTGAGE! Welcome to 39 Highcroft Road, a legal 3+2 bedroom semi-detached duplex offering a smart opportunity to enjoy a spacious home while benefiting from established rental income from the lower suite. The vacant upper level features a functional family-friendly layout with three good-sized bedrooms, a separate kitchen with laundry, generous combined living and dining space, a full bathroom and walkout to the deck and backyard. With some fresh updates, the upper level is ready for its next owner to make it home. The separate lower suite offers two bedrooms, kitchen, living area, full bathroom and its own laundry, with an established tenant currently paying $1,640/month ($19,680 annually)-providing meaningful income to help offset the costs of homeownership. Located in established Allandale Heights, enjoy convenient access to parks, recreation, shopping, schools, Barrie's waterfront, Highway 400 and transit connections, including the Allandale Waterfront GO area. The nearby Allandale Recreation Centre offers recreation amenities, while the Allandale Waterfront GO Station provides an important commuter connection between Barrie and the GTA. Live upstairs, benefit from income downstairs, and discover a flexible way to make homeownership work for you. (id:66096)

Property Details

MLS®: S13855002
Property Type: Multi-family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 31 × 122 ft (3,706 sq ft)
Frontage: 31 ft
Storeys: 1
Style: Raised bungalow
Basement: Apartment in basement, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Property Tax: $4,461.2/yr
Listed: 33 days ago

Rooms

Main level

Kitchen: 5.26 x 2.4 meters
Dining room: 3.11 x 3.95 meters
Living room: 4 x 4.16 meters
Bedroom 2: 2.89 x 3.67 meters
Bedroom 3: 3.09 x 2.63 meters

Lower level

Foyer: 1.89 x 1.95 meters
Kitchen: 4.6 x 2.53 meters
Living room: 4.62 x 3.15 meters
Bedroom 4: 3.92 x 2.66 meters
Bedroom 5: 2.93 x 3.06 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Laminate
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

33d

Barrie (Allandale Heights) listings, avg age

43d

Price / ft²

$500

List price

$650K

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.

Haho

This 5-bed multi-family in Barrie (Allandale Heights) has been listed for 33 days, which is 10 days fresher than the city average of 43. Act while there is still low competition.

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Listed by COLDWELL BANKER THE REAL ESTATE CENTRE · MANIVA ARMSTRONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4N)

This home lists at $649,900, about 6.7× the local median household income of $97,000.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 31% above the area median.

Median household income: $97,000
Population: 100,835
Median age: 39.6
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L4N)

$649,900· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,990

Min 6.15%50%

Mortgage payment$3,381/mo

↳ CMHC premium ($24,396 capitalized)

Property tax (est.)$372/mo

Total monthly$3,753

Cash Needed to Close

Down payment (6.15%)$39,990

Land transfer tax$9,473

Est. closing costs$4,450

Total cash needed$53,913

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