The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Well-maintained legal duplex offering an excellent investment opportunity with two fully self-contained units! The upper unit is vacant, offering immediate occupancy or the opportunity to set your own rental rate. This spacious three-bedroom unit has been recently updated with new flooring, fresh paint, and a new kitchen backsplash. It also features a bright kitchen, open-concept living and dining area, private laundry, and parking for two vehicles.The lower unit offers two bedrooms, a full kitchen and living area, private side entrance, in-suite laundry, and parking for one vehicle. The lower unit is currently tenanted on a month-to-month basis, providing an existing rental income stream.Ideally located close to Georgian College and Royal Victoria Regional Health Centre, this property is situated in a highly desirable rental location. With its legal duplex status, vacant upper unit, and income-generating lower unit, this property offers incredible flexibility for investors, first-time buyers looking to offset mortgage expenses, or multi-generational families seeking separate living spaces. Live in one unit and collect rent from the other, or maximize your investment potential by renting both!
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,482/mo
Mortgage (principal + interest)$2,159
Property taxFrom listing: $3,884/yr$324
Minimum $32,700 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$115,400
Ontario land transfer taxProvincial brackets, no first-time refund$8,015
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$126,215
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Barrie has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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