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Letitia Heights, Barrie, ON L4N 4V2
$470,000
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Legal duplex located in the desirable Letitia Heights area of Barrie. This property is a solid opportunity for investors or buyers looking to live in one unit and rent the other.The upper unit features 3 bedrooms and has had the same tenant for 14 years showing strong long-term stability; month to month at $1,570.94 per month inclusive. The lower unit is vacant and offers 1 bedroom with a separate side entrance; approx market rent $1,300 per month or ready to move in to immediately.. The property includes parking for 3 vehicles, making it convenient for both units. Total utility costs for 2024 were $5,645.04. Located close to schools, parks, shopping, and transit, this duplex offers steady income today with future flexibility. A great choice for investors seeking reliable cash flow or owner-occupiers wanting help with the mortgage.