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Price Change$1,199,000

8 Charlemagne Avenue

Innis-Shore, Barrie

$1,149,000

Detached|2-Storey
4 | 5 | 6
About this home

Located in one of Barrie's most desirable communities, this beautifully maintained and updated legal duplex offers an exceptional opportunity for investors, multi-generational families, or homeowners seeking additional income. Enjoy a prime location close to parks, trails, beaches, and the GO Train, providing both convenience and an active lifestyle.Top-rated elementary and secondary schools are nearby, including a newer high school within walking distance, complete with a park and playground.The main home features 9-foot ceilings on the main level, elegant oak stairs with modern steel railings, and a carpet-free layout throughout. The second floor offers four spacious bedrooms plus a large den or library that can easily be converted into a fifth bedroom, along with three bathrooms designed for comfort and functionality.The fully self-contained legal basement apartment with a separate entrance includes two generous bedrooms, one full bathroom, a modern kitchen, a large living area, and separate laundry-ideal for extended family or strong rental income potential.Recent upgrades include a new roof, new laminate flooring on the second level, fresh paint throughout, and a new sump pump. Conveniently located close to all amenities, this move-in-ready property is not to be missed.Brokerage Remarks

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age6-15
Size3000-3500 sq. ft.
Property Tax$7,383
Lot Size39.38 ft x 109.91 ft
mls© NumberS13109100
Listed ByREALTY ONE GROUP DELTA

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%
$5,881
Property tax
$615
Heat allowance
$150
Housing costs
$6,646 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $229,800
25-yr amortization

Income needed

$205,000

gross annual household income

Payment at 4%
$4,835 / mo
Cash down
$229,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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