62 Alaskan Heights Unit 1-2, Barrie

Price: $989,000

6 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Multi-Family

MLS#: S13424874

A Rare Opportunity In Prestigious Rural Southwest Barrie, Exceptional Detached House Designed Flawlessly In Legal Duplex Functional Style, located in the highly desirable rural southwest Barrie area of Simcoe, Nestled within a quiet, family-friendly neighbourhood sought after by both homeowners and investors. This impressive property offers a spacious 4-bedroom, 2.5-bathroom main residence featuring numerous high-end upgrades throughout. Step inside to discover elegant 9-foot ceilings, ceramic flooring, and a modern chef-inspired kitchen complete with stainless steel appliances, quartz countertops, stylish cabinetry, and sliding doors leading to a beautifully fenced and landscaped backyard. The open-concept living and dining areas showcase rich hardwood flooring, an oak staircase, contemporary fixtures, and an abundance of natural light through large custom-designed windows with modern coverings. The luxurious primary suite features a spa-like 5-piece ensuite and his-and-hers closets, while the grand double-door entrance and remote garage door opener provide both style and convenience. What truly sets this property apart is the fully legal lower-level suite, thoughtfully designed with two spacious bedrooms and modern bathrooms, a beautiful kitchen, and an open-concept living and dining area, offering exceptional comfort for extended family or outstanding rental income potential. For maximum efficiency and flexibility, both units are equipped with separate furnaces, air conditioning systems, water services, and hydro meters. Whether you're an investor seeking strong income potential or a homeowner looking to offset mortgage costs while enjoying luxury living, this remarkable property offers the perfect combination of lifestyle, functionality, and long-term value.

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active
New Listing
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$989,000 - 62 Alaskan Heights Unit 1-2, Barrie

Multi-Family for Sale in Barrie

New — Listed 3 days ago
6Beds
4Baths
2,500 - 2,999Sq Ft
Multi-Family
Property Details
MLS Number
S13424874
Property Type
Multi-Family
Status
active
Days on Site
3
Bedrooms
6
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Barrie
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

A Rare Opportunity In Prestigious Rural Southwest Barrie, Exceptional Detached House Designed Flawlessly In Legal Duplex Functional Style, located in the highly desirable rural southwest Barrie area of Simcoe, Nestled within a quiet, family-friendly neighbourhood sought after by both homeowners and investors. This impressive property offers a spacious 4-bedroom, 2.5-bathroom main residence featuring numerous high-end upgrades throughout. Step inside to discover elegant 9-foot ceilings, ceramic flooring, and a modern chef-inspired kitchen complete with stainless steel appliances, quartz countertops, stylish cabinetry, and sliding doors leading to a beautifully fenced and landscaped backyard. The open-concept living and dining areas showcase rich hardwood flooring, an oak staircase, contemporary fixtures, and an abundance of natural light through large custom-designed windows with modern coverings. The luxurious primary suite features a spa-like 5-piece ensuite and his-and-hers closets, while the grand double-door entrance and remote garage door opener provide both style and convenience. What truly sets this property apart is the fully legal lower-level suite, thoughtfully designed with two spacious bedrooms and modern bathrooms, a beautiful kitchen, and an open-concept living and dining area, offering exceptional comfort for extended family or outstanding rental income potential. For maximum efficiency and flexibility, both units are equipped with separate furnaces, air conditioning systems, water services, and hydro meters. Whether you're an investor seeking strong income potential or a homeowner looking to offset mortgage costs while enjoying luxury living, this remarkable property offers the perfect combination of lifestyle, functionality, and long-term value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,074.08/mo

Includes CMHC insurance ($27,593)

$
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5%10%50%

5-yr fixed avg.

Principal: $890,100Interest: $604,532
Mortgage Amount$917,693
Total Interest$604,532
Est. Property Tax$701/mo
Total Cost$1,522,225

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

62 Alaskan Heights Unit 1-2, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$701
Insurance (est.)-$206
Net Cash Flow+$3,443

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 $396/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Barrie's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $4,121 (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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    62 Alaskan Heights Unit 1-2, Ba… — $989,000 | Battaglia Team