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! (id:13843)
| MLS # | S14006370 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 26 |
| Listing Provided By | FOREST HILL REAL ESTATE INC. | MICHAEL STERGIOS |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 700 |
| Basement | Y |
| Story(s) | 1 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Dryer, Two stoves, Two Washers, Two Refrigerators |
| Fireplace Yes / No | No |
| Foundation Details | Brick |
|---|
| Parking Features | No Garage |
|---|---|
| Parking Total | 4 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3884 |
|---|
| Province | ON |
|---|---|
| City | Barrie (Grove East) |
| Postal Code | L4M5J5 |
| Listing VS Median (in L4M5J5) | |
Price: $577,000 low | high Med: $577,000 sqft: 700 low | high Med: 700 $ / sqft: $824 low | high Med: $824 On site: 26 low | high Med: 26 | |
| Province | ON |
|---|---|
| City | Barrie (Grove East) |
| Postal Code | L4M5J5 |
| Listing VS Median (in L4M5J5) | |
Price: $577,000 low | high Med: $577,000 sqft: 700 low | high Med: 700 $ / sqft: $824 low | high Med: $824 On site: 26 low | high Med: 26 | |