$1,050,000 - 62 Alaskan Heights Unit 1-2, Barrie
Multi-Family for Sale in Barrie
- MLS Number
- S13176924
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 18
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Exceptional, Legal Duplex located in the desirable rural Barrie southwest of Simcoe. Nestled in a quiet family friendly neighborhood highly sought after by home owners and investors alike. This stunning property offers a spacious 4 bedroom, 2.5 bath main residence, showcasing amazing upgrades throughout. Boasting elegant 9 feet ceiling, ceramic flooring flowing into a modern chef inspired kitchen with stainless steel appliances, unique quarts countertops, stylish cabinetry, and sliding doors overlooking a beautiful fenced landscape yard. The open concept, dining and living areas are enhanced with rich hardwood flooring, oak wood staircase, elegant fixtures, and abundant, natural light, courtesy of custom design designed modern windows and coverings. The luxurious 5 piece, master and sweet features his and her closets while the grand double doors, entry and remote, garage door opener add both style and convenience. What truly set this property apart is the fully legal lower unit cleverly designed with two bathroom, two large bedrooms, spacious, living dining area, beautiful kitchen and unimaginable comfort for extended family or rental income. Potential both units come complete with independent furnace, AC water and hydro meter for maximum efficiency and flexibility whether you're an investor seeking excellent income potential.
Estimate your monthly payments for this property
Estimated Payment
$4,644.50/mo
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.
62 Alaskan Heights Unit 1-2, 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 $420/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.
Market Position
At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Barrie.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $4,375 (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.