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$699,900
Available - For Sale
Listing ID: S12037307
*IMMEDIATE POSSESSION AVAILABLE.* This legally registered residential duplex offers a unique opportunity for savvy investors. Ideally located in a peaceful neighborhood, the property sits on a premium lot directly bordering MaCmorrison Park, providing beautiful, serene views and ample recreational space. The duplex features two spacious 2-bedroom suites, perfect for rental income or multi-generational living. Its prime location adds even more value, with the park, city horseshoe pits, local area schools, shopping centers, RVH, Georgian College, and Lake Simcoe just a short distance away, ensuring convenience for everyday living. Well maintained, the property boasts an attractive interior and exterior, with each suite filled with natural light, creating bright and welcoming living spaces. Both units offer in-suite laundry on both levels, updated shingles (approximately 2020), and a newer gas furnace (2021). The garage has been slightly modified to accommodate the main floor bathroom, so prospective buyers should measure and verify the usable space. Blending a tranquil setting with easy access to key amenities, this property is a standout choice for investors and homeowners, offering versatility and significant potential for an affordable price. The asphalt driveway can accommodate two regular-sized vehicles, and the upper suite has a private exterior entrance. Two garden sheds provide additional storage in addition to the garage space.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $53,750 $107,500 $161,250 $215,000
First Mortgage $1,021,250 $967,500 $913,750 $860,000
CMHC/GE $28,084.38 $19,350 $15,990.63 $0
Total Financing $1,049,334.38 $986,850 $929,740.63 $860,000
Monthly P&I $4,494.22 $4,226.6 $3,982.01 $3,683.31
Expenses $0 $0 $0 $0
Total Payment $4,494.22 $4,226.6 $3,982.01 $3,683.31
Income Required $168,533.17 $158,497.58 $149,325.26 $138,124.25

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS EXPERIENCE REALTY

39 Laurie Cres , Barrie, L4M 6C7, Simcoe

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MD Ashraful Bari
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Duplex
Area: Simcoe
Municipality: Barrie
Neighbourhood: Wellington
Style: 2-Storey
Lot Size: x 114.83(Feet)
Approximate Age: 31-50
Tax: $4,399
Maintenance Fee: $0
Beds: 2+2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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