$698,000 - 11 Daphne Crescent, Barrie
Multi-Family for Sale in Barrie
33 days on marketNeighbourhood: Cundles East
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- MLS Number
- S13747500
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 33
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Barrie
- Taxes (2026)
- $4,367
- Listing Brokerage
- RE/MAX HALLMARK CHAY REALTY
Welcome to 11 Daphne Crescent, a thoroughly renovated LEGAL DUPLEX bungalow and exceptional income property with pride of ownership throughout. Ideal for an investor seeking rental income, a homeowner offsetting their mortgage with a second suite, or a family looking for a flexible multigenerational or in-law living arrangement with separate living spaces. It offers investment security and versatility: $50,400/year ($4,200/month) in gross rent, plus over $100,000 in upgrades in the last 7 years, already done for you.Meticulous updates include a complete roof replacement (sheathing, insulation, shingles, soffits, fascia, and gutters), high-end Kempenfelt Windows, furnace and A/C, 100-amp electrical panel, water softener, washer/dryer, and reverse osmosis drinking water filtration.Both units feature updated kitchens with white cabinetry, new countertops, Moen faucets, and stainless (wifi enabled) appliances. Upstairs has a hexagon backsplash, brass hardware, and a dishwasher; downstairs has a herringbone backsplash. Both bathrooms are equally new, with the upstairs vanity built from marine-grade plywood cabinetry for long-term durability. Wide-plank flooring with added sound barrier runs throughout both units.Coin laundry adds roughly $1,200/year. Each unit has its own indoor storage area and dedicated outdoor storage shed, in a fenced backyard with a new deck and garbage enclosure. Walking distance to parks and schools, minutes from Bayfield Street shopping, Royal Victoria Hospital, and Georgian College, with easy Highway 400 access. VACANT POSSESSION!!! Both tenants have given notice, giving the new owner the chance to move in or choose tenants and set new rental rates. This is an ideal turnkey investment property.
Estimate your monthly payments for this property
Estimated Payment
$3,581.10/mo
Includes CMHC insurance ($19,474)
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 Cundles East
Cundles East 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 Cundles East
- •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
Cundles East 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.
11 Daphne Crescent, Barrie
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Rental income estimator & ROI calculator
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
Fair Market Value
At $997/sqft, this property is priced in line with current Barrie market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Barrie. Good resale value as demand remains consistent.
About Cundles East
I know Cundles East 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.
Investment Perspective
Looking at this as an investment: Barrie properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,908 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.