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Investment signal

$749,000

61 STOLLAR BOULEVARD

Beds

4

Baths

2

Sqft

Year

Location

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About this home

LEGAL DUPLEX bungalow offering an excellent opportunity for first-time home buyers or investors. Live in the upper unit while generating rental income from the fully self-contained basement suite, helping offset your mortgage. The basement tenant enjoys their own private backyard space, adding extra privacy and value. Situated in a quiet, family-friendly neighbourhood close to parks, shopping centres, public transit, community centres, and Royal Victoria Hospital, with convenient access to major routes and only about one hour to the GTA. A smart investment and a perfect place to call home. (id:65958)

Subtype
Single Family
Architectural style
Raised bungalow
Structure
House
Community
Little Lake
Common interest
Freehold
Lot dimensions
30.7 x 105.1 FT
Bedrooms
2 above grade, 2 below grade
Parking
6 total
Stories
1
On market
Mar 23, 2026
Status changed
Apr 16, 2026
Annual tax
$4,913 (2025)
Photos
14
MLS#
S12910704
Area
BARRIE_(LITTLE_LAKE)

Features and systems

Parking

Attached GarageGarage

Basement

FinishedApartment in basementSeparate entranceWalk outN/AN/AN/A

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Concrete

Lot

In-Law Suite
Negative cash flow ~$1,473/mo at these assumptions

Cash on cash

-11.80%

Cap rate

3.53%

GRM

16.6

Break-even rent

$5,301

Financing

Down payment$149,800
Loan amount$599,200
Mortgage$3,676/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$343
Insurance$80
Maintenance$624
CapEx reserve$312
Vacancy loss$188

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.

Lifestyle nearby

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

Mortgage estimate

Estimated $3,676/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 16, 2026.

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