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Investment signal

$575,000

23 CARLTON ROAD

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Beds

4

Baths

3 full + 1 half

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Barrie (Cundles East). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

LEGAL DUPLEX IN THE NORTH END OF BARRIE! SEMI-DETACHED, CLOSE TO ALL SHOPS AND PUBLIC TRANSIT. 3 BEDROOM UPPER WITH 2 BATHS AND WALKOUT TO A NICE SIZED YARD. OPEN CONCEPT LOWER BUILT AND LEGALIZED IN 2016. NEW SIDING ON THE BACK AND THE SIDE, ROOF, INSULATION AND FASCIA APRIL (2025), DISHWASHER (2022), PRICED TO CASH FLOW! (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
Cundles East
Lot dimensions
30 x 120 FT
Bedrooms
3 above grade, 1 below grade
Parking
3 total
Stories
2
On market
Mar 11, 2026
Status changed
Apr 28, 2026
Annual tax
$3,684
Zoning
Res
Photos
23
MLS#
S12871836
Area
BARRIE_(CUNDLES_EAST)

Features and systems

Parking

No Garage

Basement

FullApartment in basement

Appliances

WasherRefrigeratorWater meterDishwasherStoveDryer

Heating

Forced airNatural gas

Cooling

None

Exterior

BrickVinyl siding

Foundation

Concrete

Community

Community Centre

Utilities

SewerElectricityCable
Negative cash flow ~$638/mo at these assumptions

Cash on cash

-6.66%

Cap rate

3.53%

GRM

16.5

Break-even rent

$3,572

Financing

Down payment$115,000
Loan amount$460,000
Mortgage$2,331/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$264
Insurance$80
Maintenance$479
CapEx reserve$240
Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,331/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.

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