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Duplex174 days on market

$799,999

29 Peel Street, Barrie, ON L4M 3K9

Codrington · Barrie · L4M 3K9

Listing brokerage: RIGHT AT HOME REALTY

Beds
4
Baths
4
Sq ft
2000-2500
Parking
5

About this home

Rare opportunity to own a multi-unit investment property in a prime Barrie location, just steps to the waterfront and Georgian College. Set on a generously sized lot with no immediate neighbour to the right, this property backs onto a private, tree-lined ravine with nearby walking trails and a picturesque stream, offering a unique blend of privacy and urban convenience. Currently configured with four separate living areas (3 one-bedroom, 1 studio), the property offers strong income potential in a high-demand area. Financials attached. Recent updates include renovations to Unit 1 (kitchen, flooring, bathroom, dishwasher), new fridge (Unit 2), updated eavestroughs (2026), gutter guards at the front, and furnace (2021). Additional features include three separate hydro meters, three electrical panels, and two large hot water tanks. The unfinished basement offers further value-add potential with 8-foot ceilings, large above-grade windows, and partial framing already in place. Conveniently located minutes to Highway 400, downtown Barrie, and key amenities, making it an attractive option for both tenants and commuters.

Details

Interior

Bedrooms
4
Bathrooms
4
Washrooms
2 × 3-piece (Main), 1 × 3-piece (Second), 1 × 2-piece (Third)
Kitchens
4
Rooms
10
Size
2000-2500 sq ft
Basement
Unfinished
Features
Carpet Free, Separate Hydro Meter, Water Heater

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Window Unit(s)

Parking

Garage
None
Total spaces
5
Covered spaces
5
Features
Private

Exterior & Lot

Style
2 1/2 Storey
Exterior
Brick, Wood
Roof
Asphalt Shingle
Foundation
Unknown
Lot size
50 × 132.72 feet
Faces
East
Pool
None

Utilities

Sewer
Sewer

Taxes & Fees

Property taxes
$6,635 (2025)
HST
Not Subject to HST

Listing

MLS® number
S13034188
Type
Duplex
Transaction
For Sale
Neighbourhood
Codrington
Cross streets
Wellington St E & Peel St
Age
100+
Possession
Immediate
Original price
$849,999

Rooms

  • Room

    Main

    3.91 × 2.91 m

    12′10″ × 9′7″

  • Bedroom

    Main

    3.58 × 3.86 m

    11′9″ × 12′8″

  • Living Room

    Main

    2.44 × 4.01 m

    8′0″ × 13′2″

  • Bedroom 2

    Main

    2.44 × 4.01 m

    8′0″ × 13′2″

  • Kitchen

    Main

    2.79 × 6.67 m

    9′2″ × 21′11″

  • Kitchen

    Second

    1.98 × 2.67 m

    6′6″ × 8′9″

  • Living Room

    Second

    3.15 × 3.86 m

    10′4″ × 12′8″

  • Kitchen

    Second

    3.15 × 3.86 m

    10′4″ × 12′8″

  • Living Room

    Second

    2.74 × 6.73 m

    9′0″ × 22′1″

  • Bedroom 3

    Third

    3.35 × 3.76 m

    11′0″ × 12′4″

  • Bedroom 4

    Third

    3.51 × 2.67 m

    11′6″ × 8′9″

History

Past listings and sales for this home and building.

Location

29 Peel Street, Barrie, ON L4M 3K9 · Near Wellington St E & Peel St

Monthly cost

Estimated monthly cost

$4,095/mo

Mortgage
$3,542
Property tax
$553
Down payment$160,000 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

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