155 Maple Avenue, Barrie

Price: $699,000

4 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Multi-Family

MLS#: S12840136

Welcome to this CUSTOM BUILT semi-detached raised bungalow in Barrie! A LEGAL DUPLEX offering comfort, convenience, and incredible income potential! The upper level features 3 bedrooms and 1 spacious 4 pc bathroom, with a bright open-concept dining and living room that opens to a front deck. Two bedrooms walk out to a large back deck overlooking the fully fenced yard. The modern kitchen boasts granite countertops, stainless steel appliances, hardwood floors, and a cozy gas fireplace, making it a warm and inviting space for family and friends. The lower level is a bright and spacious registered suite with its own ground-level entrance and walkout to the backyard making this space fully accessible! This unit includes a large bedroom, full bathroom, eat-in kitchen, and a comfortable living room with fireplace. Perfect for extended family or a strong source of rental income to help offset your mortgage. Additional features include an attached garage with parking for one vehicle, plus a driveway with space for four more cars. Set in a great mature neighborhood, this home is ideally located close to Shopping, Centennial Beach, downtown Barrie, public transit, schools, and quick highway access. With the flexibility to live in one unit and rent the other, or rent both as a solid investment, this property truly checks all the boxes. Book your private showing today!

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$699,000 - 155 Maple Avenue, Barrie

Multi-Family for Sale in Barrie

108 days on market
4Beds
2Baths
2,000 - 2,499Sq Ft
Multi-Family
Property Details
MLS Number
S12840136
Property Type
Multi-Family
Status
active
Days on Site
108
Bedrooms
4
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Barrie
Listing Brokerage
RE/MAX HALLMARK CHAY REALTY
Description

Welcome to this CUSTOM BUILT semi-detached raised bungalow in Barrie! A LEGAL DUPLEX offering comfort, convenience, and incredible income potential! The upper level features 3 bedrooms and 1 spacious 4 pc bathroom, with a bright open-concept dining and living room that opens to a front deck. Two bedrooms walk out to a large back deck overlooking the fully fenced yard. The modern kitchen boasts granite countertops, stainless steel appliances, hardwood floors, and a cozy gas fireplace, making it a warm and inviting space for family and friends. The lower level is a bright and spacious registered suite with its own ground-level entrance and walkout to the backyard making this space fully accessible! This unit includes a large bedroom, full bathroom, eat-in kitchen, and a comfortable living room with fireplace. Perfect for extended family or a strong source of rental income to help offset your mortgage. Additional features include an attached garage with parking for one vehicle, plus a driveway with space for four more cars. Set in a great mature neighborhood, this home is ideally located close to Shopping, Centennial Beach, downtown Barrie, public transit, schools, and quick highway access. With the flexibility to live in one unit and rent the other, or rent both as a solid investment, this property truly checks all the boxes. Book your private showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

$
$
5%10%50%

5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Barrie

Discover Barrie

Barrie is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Barrie

  • Convenient location in Barrie
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Barrie offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

155 Maple Avenue, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$2,659

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $350/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 108 days on site, this property has exceeded the typical selling timeline for Barrie. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Barrie. Good resale value as demand remains consistent.

Investment Perspective

Looking at this as an investment: Barrie properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    155 Maple Avenue, Barrie | $699,000 | Battaglia Team