103 Mulcaster Street

Barrie, ONMulti-family
$575,000
MLS® S13110124
Multi-family5 beds2 baths4 total
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About This Property

103 Mulcaster Street is a legally registered duplex ideally situated in the heart of downtown Barrie, just steps from Kempenfelt Bay, restaurants, city services, parks, and schools. This exceptional property offers a rare opportunity for both homeowners and investors, featuring five bedrooms, two full bathrooms, four parking spaces, separate entrances for each unit, two separate hydro meters, and two hot water tanks (one owned and one rented). Unit 1, located on the main floor, has been fully renovated and has never been lived in since completion. It includes brand new appliances, all with applicable manufacturer warranties, providing a truly turnkey living space. Unit 2, situated on the second floor, is currently tenanted at a premium rental rate, generating immediate income from day one. Perfect for first-time home buyers, this property offers the opportunity to live in a beautifully updated main-floor unit while using the rental income from the upper unit to help offset mortgage payments and reduce overall ownership costs. (id:63604)

Key Facts

Type
Multi-family
Beds
5
Baths
2
Size
1,500 sqft
Lot
38.5 x 80 FT; 80.01Ftx40.00Ftx36.00Ftx55.70Ftx21.29Ft
Parking
4 total

Highlights

  • Water meter
  • Water Heater
Property Details 19 details
Bedrooms
5 bedrooms
5 above grade
Bathrooms
2 bathrooms
Parking
4 parking spaces
No Garage
Living area
1,500 - 2,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Duplex
Attached status
Attached
Storeys
2
Basement
Unfinished, Partial
Heating
Forced air, Natural gas
Fireplace
Yes
Lot dimensions
38.5 x 80 FT; 80.01Ftx40.00Ftx36.00Ftx55.70Ftx21.29Ft
Frontage
38.60 feet
Taxes
$3,755.34
Zoning
Residential & Legal Duplex
Water source
Municipal water
Sewer
Sanitary sewer
Waterfront
Island · Kempenfelt Bay
Views
City view, View of water

Interior features

Water meterWater HeaterSeparate Electricity MetersFireplace(s)

Exterior features

BrickVinyl sidingStoneConcrete

Systems and association

Smoke Detectors

Lot and water

HillsideSlopingIsland
Rooms 10 rooms
Level
Room
Dimensions
Main level
Family room
3.5 m x 5.8 m
Main level
Kitchen
4 m x 4.25 m
Main level
Primary Bedroom
3.25 m x 3.35 m
Main level
Bedroom 2
2.2 m x 3 m
Main level
Bedroom 3
2.35 m x 3.1 m
Upper Level
Family room
3.5 m x 2.8 m
Upper Level
Kitchen
3.25 m x 2.9 m
Upper Level
Primary Bedroom
4.25 m x 3.5 m
Upper Level
Bedroom 2
3.1 m x 2.2 m
Upper Level
Other
2 m x 2 m

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Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$575,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Codrington
City
Barrie
Postal code
L4M 3M7
Nearby
Mulcaster/ Codrington
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