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East Bayfield, Barrie
$799,999
LEGAL DUPLEX A great opportunity for homeowners and investors. This well-maintained bungalow offers flexibility, comfort, and income potential-perfect for living in one unit while renting the other, or adding a solid property to your investment portfolio. The main floor features 3 spacious bedrooms and 1 full bathroom, while the lower level includes a separate 2-bedroom, 1-bath suite with its own entrance. One unit is currently rented, and the other is vacant, giving you the option to move in right away or rent at the current market value. Minimum 24 hours' notice required for all showings. Seller makes no representations or warranties regarding retrofit status.**Interboard Listing: Windsor-Essex County Association of REALTORS**
No extras listed.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,532 |
| Lot Size | 39.37 ft x 111.55 ft |
| mls© Number | S12780656 |
| Listed By | Capital Wealth Realty |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,095
- Property tax
- $378
- Heat allowance
- $150
- Housing costs
- $4,622 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$142,000
gross annual household income
- Payment at 4%
- $3,367 / mo
- Cash down
- $160,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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