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New3 days ago

49 Daphne Crescent

Cundles East, Barrie

$639,900

Semi-Detached |2-Storey
4 | 3 | 4
About this home

LEGAL DUPLEX! This exceptional opportunity offers the perfect opportunity for investors, multi-generational families, or homeowners looking to offset their mortgage with rental income. This well-maintained property features two self-contained units, providing flexibility and excellent income potential. Enjoy a large backyard with plenty of space for entertaining, gardening, or family activities, along with a spacious driveway offering ample parking for multiple vehicles. Recent updates provide peace of mind, including a new furnace and central air conditioner, new hot water tank (May 2026), new washer and dryer (2024), and a new over-the-range microwave. The fully finished lower unit with a separate entrance features its own full kitchen, private in-suite laundry, and separate living space, making it ideal for tenants or extended family. Conveniently located just minutes from Highway 400, Bayfield Street's shopping, restaurants, and malls, this home also offers a short drive to downtown Barrie and the beautiful waterfront, where you can enjoy beaches, parks, trails, and year-round events. Whether you're looking to expand your investment portfolio or find a home that works for your lifestyle, this legal duplex is a fantastic opportunity in one of Barrie's most convenient locations. Previously, the lower unit was rented for $1500/month and the upper unit was rented for $2400/month.

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agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,642
Lot Size30 ft x 150 ft
mls© NumberS13644754
Listed ByKELLER WILLIAMS EXPERIENCE 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%
$3,275
Property tax
$304
Heat allowance
$150
Housing costs
$3,729 / mo

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

Down payment20% · $127,980
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,693 / mo
Cash down
$127,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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