$599,000Asking Price
103 Mulcaster Street is a legally registered duplex ideally situated in the heart of downtown Barrie, just steps from Kempenfelt Bay, restaurants, city services, parks, and schools. This exceptional property offers a rare opportunity for both homeowners and investors, featuring five bedrooms, two full bathrooms, four parking spaces, separate entrances for each unit, two separate hydro meters, and two hot water tanks (one owned and one rented). Unit 1, located on the main floor, has been fully renovated and has never been lived in since completion. It includes brand new appliances, all with applicable manufacturer warranties, providing a truly turnkey living space. Unit 2, situated on the second floor, is currently tenanted at a premium rental rate, generating immediate income from day one. Perfect for first-time home buyers, this property offers the opportunity to live in a beautifully updated main-floor unit while using the rental income from the upper unit to help offset mortgage payments and reduce overall ownership costs.
103 Mulcaster Street is a legally registered duplex ideally situated in the heart of downtown Barrie, just steps from Kempenfelt Bay, restaurants, city services, parks, and schools. This exceptional property offers a rare opportunity for both homeowners and investors, featuring five bedrooms, two full bathrooms, four parking spaces, separate entrances for each unit, two separate hydro meters, and two hot water tanks (one owned and one rented). Unit 1, located on the main floor, has been fully renovated and has never been lived in since completion. It includes brand new appliances, all with applicable manufacturer warranties, providing a truly turnkey living space. Unit 2, situated on the second floor, is currently tenanted at a premium rental rate, generating immediate income from day one. Perfect for first-time home buyers, this property offers the opportunity to live in a beautifully updated main-floor unit while using the rental income from the upper unit to help offset mortgage payments and reduce overall ownership costs.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 13.12' x 13.94' | Renovated, Built-in Fridge, Built-in Stove |
| 2 | Kitchen | Upper | 10.66' x 9.51' | Built-in Range, Built-in Fridge |
| 3 | Other | Upper | 6.56' x 6.56' | Balcony |
| 1 3-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom | ||||
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Codrington, Barrie is a north GTA neighbourhood notable for its singles, renters, university grads and business and education, law & public sector professionals. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 74.
Kids Per Family
0.9
kids per family
in the neighbourhood.
52%
of residents are
single and loving it.
52% singles
Barrie (46%)
42%
of residents
are renters.
42% renters
Barrie (30%)
28%
of residents are
university grads.
28% university grads
Barrie (23%)Average Household Income
$103K
is the average household
income in the neighbourhood.
Professions
| Sales | 13% |
| Government | 11% |
| Business | 10% |
| Trades | 9% |
| Management | 6% |
7%
of residents were
born outside of Canada.
7% immigrants
Barrie (13%)1.8% from UK
All-time
0.2% from China
Recent
Foreign Languages
| French | 2% |
| Spanish | 1% |
| Italian | 1% |
| German | 1% |
Religions
| Christian | 60% |
| Muslim | 1% |
| Jewish | 1% |