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Property Description
Legal Duplex in Prime Allandale An Exceptional Investment Opportunity or easy to convert back to a single-family dwelling. ! Discover this rare gem in the heart of Allandale, just a short stroll from the waterfront and Allandale GO Station! This well-maintained, turnkey duplex is a dream for investors or those seeking a multi-generational living setup. Featuring two beautifully designed units, each with private entrances and in-suite laundry, this property is truly a standout. The main floor unit is a cozy and inviting 1-bedroom apartment with a modern, sunlit kitchen, updated flooring, a spacious living area, and a 4-piece bathroom perfect for a single professional or couple. The second-floor unit boasts two generous bedrooms, gleaming hardwood floors, a stylish 4-piece bathroom, and a functional kitchen with a walkout to a charming balcony ideal for enjoying morning coffee or unwinding after a long day. Additional highlights include ample parking, easy access to both units, and the exciting potential to add a garden suite for additional income! The oversized lot offers endless possibilities. Don't miss this fantastic investment in one of Allandales most desirable locations-book your showing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-06-10 | 2021-07-20 | 40 | $739,900 | - | Terminated |
| 2021-07-20 | 2021-08-09 | 20 | $699,900 | - | Terminated |
| 2021-06-10 | 2021-07-20 | 40 | $739,900 | - | Terminated |
| 2021-07-20 | 2021-08-09 | 20 | $699,900 | - | Terminated |
| 2021-06-10 | 2021-07-20 | 40 | $739,900 | - | Terminated |
| 2021-07-20 | 2021-08-09 | 20 | $699,900 | - | Terminated |
| 2021-06-10 | 2021-07-20 | 40 | $739,900 | - | Terminated |
| 2021-04-21 | 2021-06-10 | 50 | $749,900 | - | Terminated |
| 2021-07-21 | 2021-08-10 | 20 | $699,900 | - | Terminated |
| 2021-06-13 | 2021-07-20 | 37 | $739,900 | - | Terminated |
| 2021-04-22 | 2021-06-10 | 49 | $749,900 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Lot Size
46' x 165'
Fronting
East
Taxes
$4,162 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
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Barrie Market Statistics
Barrie Price Trend
127 Burton Ave is a 3-bedroom 2-bathroom home listed for sale at $729,000, which is $70,713 (8.8%) lower than the average sold price of $799,713 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Barrie increased by $17,178 (2.2%) compared to the previous 30 day period (December 22 - January 20) and up $52,370 (7.0%) from the same time one year ago.Inventory Change
There were 116 3-bedroom homes listed in Barrie over the last 30 days (January 21 - February 19), which is up 48.7% compared with the previous 30 day period (December 22 - January 20) and up 4.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Barrie typically sold ($18,281) (2.3%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,844 decrease compared to the previous 30 day period (December 22 - January 20) and ($12,796) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Barrie over the last 30 days (January 21 - February 19) stood at 39.7%, down from 65.4% over the previous 30 days (December 22 - January 20) and down from 64.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Barrie stood at 42 days when successfully sold over the last 30 days (January 21 - February 19), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Norman Hill Realty Inc.
Similar Listings
Turnkey investment opportunity! Very clean and well-maintained legal duplex in quiet southwest end neighborhood. Current upstairs long-term tenant paying 2500.00 per month(leaving end of April). Basement is currently rented at 1600.00 per month(1 year lease). Basement apartment has new floors, fresh paint, new vanity and glass shower doors, new stove, hood fan, newer fridge. Windows and doors have been replaced. Newer unistone walkway. Upstairs 3 bedroom is very clean and bright with generous sized living spaces, eat-in kitchen, living dining room combination, a large covered front balcony from the living room and another off the bedroom. New owner has the opportunity to live up or down and easily rent out the other space. Very close to schools, public transit, shopping, and easy access to highway. Don't miss out on this amazing property! Heating:$125.10, Water:$121.10, Electric Expense: $96.60, Hot Water heater rental:$30.50, Property taxes: $4168.00
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VACANT LEGAL DUPLEX beside Georgian Mall and Rec centre. Perfect investment, or live in one unit and rent the other. Set your rents. End unit townhome, three bedrooms plus flex unit, one bedroom apartment on the ground floor! 2 kitchens, two laundry rooms, separate utilities, hot water tanks and water meters. Private backyard with shed and balcony. POTL Fees only $190. Per Month. POTL fees are used to maintain shared areas, such as parking, garbage removal, snow removal, grass cutting, and parks. **EXTRAS** Main 3 bedroom unit is vacant. The 1 bedroom ground level flex unit will be vacant after January 31st. Set your rents, possible around +/-$50,000.00 a year. Or live in one and rent another.
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LEGAL DUPLEX WITH ENDLESS POTENTIAL LIVE, RENT, INVEST! This legal duplex is a fantastic opportunity for investors, first-time buyers, or those looking for multi-generational living. Offering great income potential, it features two fully separate units, including a 1-bedroom 1-bathroom unit and a 3-bedroom 1-bathroom unit, each with independent heat controls and separate laundry areas for added convenience. Sitting on a spacious 49 x 164 ft. lot, the larger unit offers a recently updated kitchen with modern finishes, a stylish backsplash, and ample storage, plus a partially finished basement with a rec room for extra living space. A large detached heated garage with an exhaust system and a 5-car driveway provides plenty of parking, while recently updated shingles offer peace of mind. The partially fenced backyard includes a deck and two sheds for storage and outdoor enjoyment. Conveniently located minutes from Highway 400, public transit, shopping, dining, and essentials, this home is also within walking distance of Wellington Plaza and just a short drive to Centennial Beach, waterfront trails, and recreational activities. This is an unbeatable investment in a prime location. Live in one unit and rent out the other, or maximize rental income in this conveniently located #HomeToStay!
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This legally registered residential duplex presents a prime opportunity for any astute investor. Nestled in a tranquil part of the city, it sits on a premium lot that directly backs onto MaCmorrison Park, offering serene views and ample recreational space. The property features two generously sized 2-bedroom suites, perfect for rental income or multi-generational living. The location is particularly advantageous, with nearby schools, shopping, RVH, Georgian College, and Lake Simcoe adding convenience to everyday living. The house is meticulously maintained and showcases a well-presented interior and exterior. Each suite is bathed in natural light, creating spacious and inviting living environments with laundry in each unit, updated shingles (approx 2020), and a gas furnace (2021). The garage space was altered slightly to accommodate the main floor bathroom, so Buyers should measure and do their due diligence regarding the useable space. Combining a peaceful setting with proximity to essential amenities, this property is a standout choice for investors and homeowners seeking a versatile and appealing residence.
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