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Legal suite

$778,000

64 COPEMAN CRESCENT

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Beds

4

Baths

2

Sqft

Year

Type

Single Family

Suite

Legal suite

Location nearby

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

About this home

Welcome to 64 Copeman Crescent- Whether you are a family considering multi-generational living or an investor seeking a turnkey income property, this home offering a LEGAL SECOND SUITE checks all the boxes. Ideally located in the commuter friendly neighbourhood of Painswick North, you're just a short drive to the South GO Station and major highways, with schools, parks, and everyday amenities all within walking distance-making it an attractive option for both homeowners and tenants. This well-maintained raised bungalow features 2+2 bedrooms and 2 full bathrooms, along with the convenience of two separate washers and dryers. The main level offers a bright, functional kitchen with a walkout to a spacious rear deck and private backyard, perfect for entertaining or relaxing outdoors. The FULLY FINISHED lower level is a registered legal suite offering excellent income potential. Complete with a full kitchen, family room with fireplace, two bedrooms, a 4-piece bathroom, and in-suite laundry, this space is ideal for tenants or extended family. A true turnkey opportunity in a prime location, live in one unit and rent the other, or add a strong performer to your investment portfolio. Don't miss this versatile and value-packed property! (id:65958)

Subtype
Single Family
Architectural style
Raised bungalow
Structure
House
Community
Painswick North
Common interest
Freehold
Lot dimensions
30.1 x 102 FT
Bedrooms
2 above grade, 2 below grade
Parking
1 total
Stories
1
Fireplace
Yes
On market
Mar 24, 2026
Status changed
Apr 16, 2026
Annual tax
$4,221.15
Photos
19
MLS#
S12914360
Area
BARRIE_(PAINSWICK_NORTH)

Features and systems

Parking

Attached GarageGarage

Basement

FinishedN/A

Appliances

WasherRefrigeratorDishwasherStoveDryerHood Fan

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

LaminateCeramic

Foundation

Concrete

Lot

Carpet Free
Negative cash flow ~$121/mo at these assumptions

Cash on cash

-0.94%

Cap rate

4.68%

GRM

13.9

Break-even rent

$4,803

Financing

Down payment$155,600
Loan amount$622,400
Mortgage$3,154/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$357
Insurance$80
Maintenance$648
CapEx reserve$324
Vacancy loss$234

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 $3,154/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 16, 2026.

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