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162 HANMER STREET E, Barrie (East Bayfield) — listed at $699,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Discover an exceptional investment opportunity with this LEGAL DUPLEX, officially registered in 2021. This property offers a perfect blend of comfort and income potential, featuring a spacious main level with 3 bedrooms, an open concept kitchen flowing seamlessly into the living room, and convenient in-unit laundry. One bedroom boasts direct walkout access to the backyard. The basement apartment is equally impressive, offering 2 cozy bedrooms with large windows, separate laundry and a good size living and dining area complete with an electric fireplace. This duplex stands out with its 4 parking spots and a generous backyard space. Ideally located near the community center, Georgian Mall, and college, it's perfect for those seeking convenience and accessibility. Whether you're looking to live and rent or maximize your investment portfolio, this turnkey duplex in a prime location delivers on all fronts. Don't let this opportunity slip away schedule your viewing today and step into the world of profitable real estate investment! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 6.43 x 3.58 meters |
| Kitchen | Main level | 3.58 x 2.74 meters |
| Primary Bedroom | Main level | 3.99 x 3.61 meters |
| Bedroom | Main level | 3.35 x 3.33 meters |
| Bedroom | Main level | 3.25 x 3.15 meters |
| Bedroom | Basement | 3.22 x 2.76 meters |
| Bedroom | Basement | 3.42 x 3.22 meters |
| Kitchen | Basement | 3.65 x 3.17 meters |
| Living room | Basement | 5.56 x 3.25 meters |
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Does it have a basement, and is it finished?+
The listing describes the basement as: Full, Separate entrance. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,545.84, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Could this work as an investment property?+
The basement description mentions: Full, Separate entrance. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Barrie (East Bayfield) before counting on it.
Is 162 HANMER STREET E a good fit for a growing family?+
With 5 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
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