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Cundles East, Barrie
$639,900
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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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,642 |
| Lot Size | 30 ft x 150 ft |
| mls© Number | S13644754 |
| Listed By | KELLER 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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