3 Blue Mound Drive

Barrie, ONMulti-family
$725,000
MLS® S13760458
Multi-family5 beds2 baths5 total
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About This Property

LEGAL DUPLEX ON A SPACIOUS CORNER LOT WITH ESTABLISHED INCOME & FURTHER INVESTMENT POTENTIAL! There is something exciting about a property that gives you options, and this legal duplex offers plenty of them. Set on a spacious corner lot surrounded by mature trees and generous green space, this brick raised bungalow features two separate living spaces, with a 3-bedroom, 1-bathroom main-floor unit and a 2-bedroom, 1-bathroom basement apartment with a separate entrance, each with its own kitchen. Whether you're looking to create a comfortable home for extended family, generate rental income, or build an investment with room to grow, the flexible layout makes it easy to envision what comes next. Reliable tenants are currently in place in both units, providing established monthly income, while six parking spaces, including an oversized single car garage and four driveway spaces, add everyday convenience and flexibility. The generous lot may also offer potential for a future garden suite, subject to applicable requirements and approvals from the City of Barrie, giving buyers another opportunity to explore the property's possibilities over time. Located in Barrie's City Centre neighbourhood, this property puts downtown, shopping, schools, services, entertainment, restaurants, and everyday amenities within easy reach, offering the convenience of an established community while leaving plenty of room to shape the future. Whether your vision is rooted in family, investment, or simply having more options at your fingertips, this is a property that gives you the space and flexibility to make it your own. (id:63604)

Key Facts

Type
Multi-family
Beds
5
Baths
2
Size
1,100 sqft
Lot
110 x 60 FT
Parking
5 total

Highlights

  • Washer
  • Refrigerator
  • Stove
  • Dryer
  • Freezer
  • Water Heater
Property Details 19 details
Bedrooms
5 bedrooms
3 above grade + 2 below grade
Bathrooms
2 bathrooms
Parking
5 parking spaces
Attached Garage · Garage
Living area
1,100 - 1,500 sq. ft.
Property
Multi-family · Raised bungalow · Attached
Property subtype
Multi-family
Structure type
Duplex
Architectural style
Raised bungalow
Attached status
Attached
Storeys
1
Basement
Finished, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
1 fireplace
Lot dimensions
110 x 60 FT
Frontage
110 feet
Taxes
$4,588.20
Zoning
R2
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorStoveDryerFreezerWater HeaterFireplace(s)

Exterior features

BrickConcrete

Systems and association

SewerElectricityCable

Lot and water

Irregular lot sizeLevelIn-Law Suite

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$725,000
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
Wellington
City
Barrie
Postal code
L4M 4B1
Nearby
Cross Streets: Grove St E/Blue Mound Dr. ** Directions: Duckworth St/Grove St E/Blue Mound Dr.