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Investment signal

$699,000

155 MAPLE AVENUE

Beds

4

Baths

2

Sqft

Year

About this home

Welcome to this CUSTOM BUILT semi-detached raised bungalow in Barrie! A LEGAL DUPLEX offering comfort, convenience, and incredible income potential! The upper level features 3 bedrooms and 1 spacious 4 pc bathroom, with a bright open-concept dining and living room that opens to a front deck. Two bedrooms walk out to a large back deck overlooking the fully fenced yard. The modern kitchen boasts granite countertops, stainless steel appliances, hardwood floors, and a cozy gas fireplace, making it a warm and inviting space for family and friends. The lower level is a bright and spacious registered suite with its own ground-level entrance and walkout to the backyard making this space fully accessible! This unit includes a large bedroom, full bathroom, eat-in kitchen, and a comfortable living room with fireplace. Perfect for extended family or a strong source of rental income to help offset your mortgage. Additional features include an attached garage with parking for one vehicle, plus a driveway with space for four more cars. Set in a great mature neighborhood, this home is ideally located close to Shopping, Centennial Beach, downtown Barrie, public transit, schools, and quick highway access. With the flexibility to live in one unit and rent the other, or rent both as a solid investment, this property truly checks all the boxes. Book your private showing today! (id:65958)

Subtype
Multi-family
Architectural style
Raised bungalow
MLS#
S12840136
Area
BARRIE_(CITY_CENTRE)
Negative cash flow ~$1,380/mo at these assumptions

Cash on cash

-11.84%

Cap rate

3.52%

GRM

16.6

Break-even rent

$4,952

Financing

Down payment$139,800
Loan amount$559,200
Mortgage$3,431/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$320
Insurance$80
Maintenance$583
CapEx reserve$291
Vacancy loss$175

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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 $3,431/mo at 5.49% with 20% down, 25-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 17, 2026.

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