$649,900 - 35 BERNICK Drive Unit DUPLEX, Barrie
Multi-Family for Sale in Barrie
64 days on market- MLS Number
- S13008726
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 64
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- SAVE MAX SUPERSTARS
REGISTERED LEGAL DUPLEX IN PRIME COLLEGE AREA - BACKING ONTO PARK!FANTASTIC INVESTMENT OPPORTUNITY IN A HIGHLY DESIRABLE NORTH-END BARRIE LOCATION, JUST MINUTES TO GEORGIAN COLLEGE, RVH, SHOPPING, RESTAURANTS, AND TRANSIT. THIS REGISTERED 2ND SUITE (SINCE 2008) PROPERTY BACKS ONTO A BEAUTIFUL PARK AND IS CURRENTLY RENTED TO TWO SEPARATE FAMILIES(NOT STUDENTS), PROVIDING SOLID INCOME AND EASY MANAGEMENT. THE MAIN FLOOR OFFERS 3 SPACIOUS BEDROOMS, ALL VERY BRIGHT AND AIRY WITH BIG WINDOWS AND CLOSETS IN EACH ROOM, AN UPDATED BATHROOM, AND A BRIGHT OPEN LAYOUT. RECENT RENOVATIONS INCLUDE COMPLETE MAIN-FLOOR PAINT (WALLS, CEILINGS, AND TRIM), NEW VINYL FLOORING, NEW LIGHT FIXTURES, RANGE HOOD, DISHWASHER, AND RANGE OVEN. THE ENTRANCE STEPS HAVE BEEN REPAIRED, AND THE SPACE FEELS REFRESHED AND MODERN. THE LOWER UNIT FEATURES 1 BEDROOM PLUS A DEN, A FULL BATHROOM, AND A COZY LIVING AREA. BOTH UNITS SHARE A COMMON LAUNDRY AREA. MAJOR UPGRADES INCLUDE A NEW WASHER & DRYER (OCT 2024), NEW WATER HEATER (SEP 2025), AND NEWA/C (JUNE 2025) - ENSURING EFFICIENCY AND COMFORT FOR TENANTS. THIS SELF-MANAGED PROPERTY OFFERS EXCELLENT CASH FLOW POTENTIAL. BOTH TENANTS ARE NOW MONTH-TO-MONTH...LOCATED STEPS TO COLLEGE PARK AND WALKING DISTANCE TO CAFES, CONVENIENCE STORES, PHARMACY, TIMHORTONS, AND MORE.A GREAT OPPORTUNITY FOR INVESTORS OR MULTI-GENERATIONAL FAMILIES SEEKING A TURNKEY DUPLEX IN AAA+ LOCATION!
Estimate your monthly payments for this property
Estimated Payment
$3,334.32/mo
Includes CMHC insurance ($18,132)
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.
35 BERNICK Drive Unit DUPLEX, 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
Fair Market Value
At $928/sqft, this property is priced in line with current Barrie market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 64 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,708 (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.