$599,000

Investment For Sale In Barrie, Ontario

$599,000

Property Information:

103 Mulcaster Street is a legally registered duplex ideally situated in the heart of downtown Barrie, just steps from Kempenfelt Bay, restaurants, city services, parks, and schools. This exceptional property offers a rare opportunity for both homeowners and investors, featuring five bedrooms, two full bathrooms, four parking spaces, separate entrances for each unit, two separate hydro meters, and two hot water tanks (one owned and one rented). Unit 1, located on the main floor, has been fully renovated and has never been lived in since completion. It includes brand new appliances, all with applicable manufacturer warranties, providing a truly turnkey living space. Unit 2, situated on the second floor, is currently tenanted at a premium rental rate, generating immediate income from day one. Perfect for first-time home buyers, this property offers the opportunity to live in a beautifully updated main-floor unit while using the rental income from the upper unit to help offset mortgage payments and reduce overall ownership costs. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Exterior Finish: Brick, Vinyl siding
  • Fire Protection: Smoke Detectors
  • Fireplace: Yes
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Concrete, Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Water meter

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 2
  • Features: Hillside, Sloping
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 80 Feet
  • Lot Frontage: 38.5 Feet
  • Lot Size: 38.5 x 80 FT ; 80.01Ftx40.00Ftx36.00Ftx55.70Ftx21.29Ft
  • Structure Type: Deck, Porch
  • View Type: City view, View of water
  • WaterFront Type: Island
  • Zoning: Residential & Legal Duplex
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Family Main Level 3.50 m x 5.80 m
  • Kitchen Main Level 4.00 m x 4.25 m
  • Primary Bedroom Main Level 3.25 m x 3.35 m
  • 2nd Bedroom Main Level 2.20 m x 3.00 m
  • 3rd Bedroom Main Level 2.35 m x 3.10 m
  • Family Upper Level 3.50 m x 2.80 m
  • Kitchen Upper Level 3.25 m x 2.90 m
  • Primary Bedroom Upper Level 4.25 m x 3.50 m
  • 2nd Bedroom Upper Level 3.10 m x 2.20 m
  • Other Upper Level 2.00 m x 2.00 m

Courtesy of: VANGUARD REALTY BROKERAGE CORP.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.