$499,999 - 108 John Street, Barrie
Multi-Family for Sale in Barrie
New — Listed yesterdayNeighbourhood: Sanford
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- MLS Number
- S14102230
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Barrie
- Taxes (2026)
- $4,329
- Listing Brokerage
- RE/MAX HALLMARK PEGGY HILL GROUP REALTY
LEGAL DUPLEX WITH TWO VACANT UNITS, SEPARATE HYDRO METERS & UPDATED MECHANICALS! For investors looking to expand their portfolio, 108 John Street offers potential rental income, quick occupancy and the opportunity to establish new tenancies without assuming existing leases. Situated in Barrie's established Sanford neighbourhood, just minutes from downtown and the waterfront, the property is close to restaurants, shopping, Centennial Beach and Allandale Waterfront GO Station, with quick access to Highway 400. The two-storey home is configured into two self-contained units, each with its own kitchen and living room. Unit A occupies the main and second floors, offering two bedrooms and a 3-piece bathroom, while Unit B is located entirely on the main floor with one bedroom and a 4-piece bathroom. Both units have been freshly painted, while separate hydro meters allow electricity usage to be tracked individually. A newer furnace, air conditioning, washer and dryer are already in place, along with three parking spaces and a backyard storage shed. Rather than inheriting an established rental operation, investors have the freedom to determine how this property fits into their portfolio.
Estimate your monthly payments for this property
Estimated Payment
$2,565.25/mo
Includes CMHC insurance ($13,950)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Sanford
Sanford is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Sanford
- •Convenient location in Barrie
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Sanford offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
108 John Street, Barrie
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $333/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Barrie's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Sanford
I know Sanford well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.