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Allandale Heights, Barrie
$699,900
A HOME THAT HELPS WITH THE MORTGAGE! Welcome to 39 Highcroft Road, a legal 3+2 bedroom semi-detached duplex offering a smart opportunity to enjoy a spacious home while benefiting from established rental income from the lower suite. The vacant upper level features a functional family-friendly layout with three good-sized bedrooms, a separate kitchen with laundry, generous combined living and dining space, a full bathroom and walkout to the deck and backyard. With some fresh updates, the upper level is ready for its next owner to make it home. The separate lower suite offers two bedrooms, kitchen, living area, full bathroom and its own laundry, with an established tenant currently paying $1,640/month ($19,680 annually)-providing meaningful income to help offset the costs of homeownership. Located in established Allandale Heights, enjoy convenient access to parks, recreation, shopping, schools, Barrie's waterfront, Highway 400 and transit connections, including the Allandale Waterfront GO area. The nearby Allandale Recreation Centre offers recreation amenities, while the Allandale Waterfront GO Station provides an important commuter connection between Barrie and the GTA. Live upstairs, benefit from income downstairs, and discover a flexible way to make homeownership work for you.
No extras listed.
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| Type | Semi-Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,461 |
| Lot Size | 30.53 ft x 121.54 ft |
| mls© Number | S13790432 |
| Listed By | COLDWELL BANKER THE REAL ESTATE CENTRE |
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%
- $3,582
- Property tax
- $372
- Heat allowance
- $150
- Housing costs
- $4,104 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$126,000
gross annual household income
- Payment at 4%
- $2,945 / mo
- Cash down
- $139,980
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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