$724,900 - 99 Wellington Street, Barrie
Multi-Family for Sale in Barrie
- MLS Number
- S13187736
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 23
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Barrie
- Lot Size
- 4,550 sqft
- Listing Brokerage
- REVEL REALTY INC.
Turn-Key Legal Duplex Bungalow in the Heart of Barrie. Welcome to 99 Wellington Street East, a beautifully maintained and thoughtfully upgraded legal duplex bungalow offering incredible value and versatility. Whether you're an investor seeking strong rental income or a homeowner looking for the perfect multi-generational living solution, this property checks all the boxes. From the moment you arrive, you'll be impressed by the home's stunning curb appeal, featuring mature landscaping and a welcoming façade. Step inside the main level unit to discover a spacious living room, complete with a natural gas fireplace surrounded by elegant white brick, creating a warm and inviting focal point. The bright, modern kitchen boasts stainless steel appliances, ample counter space, and plenty of cabinetryideal for family living or entertaining. The primary bedroom is filled with natural light and offers a generous amount of closet space. Two additional well-sized bedrooms and a stylishly updated 4-piece bath complete the main floor, offering comfortable and functional living space. The vacant legal basement suite, with its own separate entrance, is just as impressive & ready for a quick & immediate possession by a new tenant. You'll be greeted by an expansive living room, perfect for relaxation or entertaining. The modern kitchen features stainless steel appliances and thoughtful design, while two spacious bedrooms and a shared 4-piece bathroom offer plenty of room for tenants or extended family. The suite is completed by in-suite laundry, providing ultimate convenience for occupants. Outside, the property features a covered carport and four total parking spaces, a rare and valuable find for duplex living. Located in a central Barrie neighborhood, you're just minutes from schools, parks, shopping, public transit, and highway access. 99 Wellington Street East is a move-in-ready opportunity that offers exceptional value in today's market. Book a showing today!
Estimate your monthly payments for this property
Estimated Payment
$3,719.11/mo
Includes CMHC insurance ($20,225)
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.
99 Wellington Street, Barrie
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Rental income estimator & ROI calculator
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 $1036/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.
Market Position
At 23 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.
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.
Excellent Flexibility
With 5 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.
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 $3,020 (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.