74 Alaskan Heights, Barrie

Price: $1,095,000

6 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: S12703662

Stunning newly built detached legal duplex in the heart of Barrie-perfect for families, multi-unit homeowners, or savvy investors seeking strong rental income with move-in convenience. This freehold property offers a total of approx. 3,500 sq ft of modern living space, featuring a bright and spacious 4-bedroom, 2.5-bath upper unit (approx. 2,698 sq ft) and a fully legal 2-bedroom, 1-bath lower unit (approx. 1,158 sq ft). Each unit has its own separate gas/hydro meters, furnace, AC, and private laundry, providing complete independence and flexibility. The upper unit is fully furnished-ideal for a quick move-in-and includes most furniture and ELFs, with the following exclusions: two TVs, two paintings, and one pull-out sofa bed. The lower unit currently generates $2,152/month, meaning the 2-bedroom suite alone significantly offsets monthly carrying costs. Built with modern finishes, large windows, 9-ft ceilings in the lower unit, and a private backyard, this home is located close to schools, the hospital, shopping, and major amenities. Whether you choose to live in the beautifully furnished upper unit while earning rental income or rent out both units as a turnkey investment, this property offers exceptional value and long-term potential. Please attach Schedule B and Form 801 with all offers and send to paulugobor@royallepage.ca.

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$1,095,000 - 74 Alaskan Heights, Barrie

Detached for Sale in Barrie

109 days on market
6Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
S12703662
Property Type
Detached
Status
active
Days on Site
109
Bedrooms
6
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Barrie
Listing Brokerage
Royal LePage Real Estate Services Ltd., Brokerage
Description

Stunning newly built detached legal duplex in the heart of Barrie-perfect for families, multi-unit homeowners, or savvy investors seeking strong rental income with move-in convenience. This freehold property offers a total of approx. 3,500 sq ft of modern living space, featuring a bright and spacious 4-bedroom, 2.5-bath upper unit (approx. 2,698 sq ft) and a fully legal 2-bedroom, 1-bath lower unit (approx. 1,158 sq ft). Each unit has its own separate gas/hydro meters, furnace, AC, and private laundry, providing complete independence and flexibility. The upper unit is fully furnished-ideal for a quick move-in-and includes most furniture and ELFs, with the following exclusions: two TVs, two paintings, and one pull-out sofa bed. The lower unit currently generates $2,152/month, meaning the 2-bedroom suite alone significantly offsets monthly carrying costs. Built with modern finishes, large windows, 9-ft ceilings in the lower unit, and a private backyard, this home is located close to schools, the hospital, shopping, and major amenities. Whether you choose to live in the beautifully furnished upper unit while earning rental income or rent out both units as a turnkey investment, this property offers exceptional value and long-term potential. Please attach Schedule B and Form 801 with all offers and send to paulugobor@royallepage.ca.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,843.55/mo

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5-yr fixed avg.

Principal: $876,000Interest: $577,066
Mortgage Amount$876,000
Total Interest$577,066
Est. Property Tax$776/mo
Total Cost$1,453,066

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

74 Alaskan Heights, 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)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$776
Insurance (est.)-$228
Net Cash Flow+$3,346

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 $438/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 109 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.

Detached Home Advantages

Detached homes in Barrie are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

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 $4,563 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    74 Alaskan Heights, Barrie | $1,095,000 | Battaglia Team