$668,900 - 19 Alfred Street, Barrie
Multi-Family for Sale in Barrie
58 days on market- MLS Number
- S13030952
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 58
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- RIGHT AT HOME REALTY
Investor Opportunity or Ideal Multi-Family Living in Barrie's Allandale Community!This legal non-conforming duplex offers incredible flexibility for both investors and end users. Featuring two self-contained units with 2 bedrooms each, this property is perfectly suited for those looking to live in one unit while generating rental income from the other, or as a fully income-producing investment property.Each unit includes its own hydro meter and private laundry, providing convenience and independence for occupants. Both units are currently vacant, offering buyers the opportunity to set market rent or move in themselves.Situated on a generous 69 x 100 ft lot, the property features a large backyard and ample parking for up to six vehicles, a rare find in this central location. Conveniently located minutes from Highway 400 and Barrie's downtown core, with easy access to shopping, restaurants, transit, and waterfront amenities.Whether you're an investor expanding your portfolio or a buyer seeking a mortgage helper, this versatile duplex is an opportunity you won't want to miss.
Estimate your monthly payments for this property
Estimated Payment
$3,431.80/mo
Includes CMHC insurance ($18,662)
5-yr fixed avg.
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.
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
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.
19 Alfred Street, Barrie
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $334/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 58 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 $2,787 (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.