256 Dunlop Street, Barrie

Price: $735,000

7 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Multi-Family

MLS#: S13786322

Attention investors and end users! Legal Triplex in the prime fast-redeveloping area. All units have separate hydro meters. Unit1: 1 1/2 storey plus basement, 2 bedrooms. Unit 2: 2 storey 3 bedrooms , Unit 3: basement 2 bedrooms. Every unit is equipped with own kitchen and laundry. Two furnaces. Detached Heated Garage. Back Steel Roof. RM2 zoning. Live in one unit and rent out the other two!

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active
New Listing
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$735,000 - 256 Dunlop Street, Barrie

Multi-Family for Sale in Barrie

New — Listed 6 days ago

Neighbourhood: Queen's Park

7Beds
4Baths
2,500 - 2,999Sq Ft
Multi-Family

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
S13786322
Property Type
Multi-Family
Status
active
Days on Site
6
Bedrooms
7
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Barrie
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Attention investors and end users! Legal Triplex in the prime fast-redeveloping area. All units have separate hydro meters. Unit1: 1 1/2 storey plus basement, 2 bedrooms. Unit 2: 2 storey 3 bedrooms , Unit 3: basement 2 bedrooms. Every unit is equipped with own kitchen and laundry. Two furnaces. Detached Heated Garage. Back Steel Roof. RM2 zoning. Live in one unit and rent out the other two!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,770.93/mo

Includes CMHC insurance ($20,507)

$
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5%10%50%

5-yr fixed avg.

Principal: $661,500Interest: $449,273
Mortgage Amount$682,007
Total Interest$449,273
Est. Property Tax$521/mo
Total Cost$1,131,279

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.

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Neighbourhood Guide: Queen's Park

Discover Queen's Park

Queen's Park 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 Queen's Park

  • Convenient location in Barrie
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Queen's Park 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.

70
Walk Score
Varies
Price Range

256 Dunlop Street, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,750/mo
Range: $4,038 - $5,463
Cap Rate (ROI)
6.7%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$4,750
Maintenance Fees-$0
Property Tax (est.)-$521
Insurance (est.)-$153
Net Cash Flow+$4,076

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $294/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.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Barrie.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Queen's Park

I know Queen's Park 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 $3,063 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    256 Dunlop Street, Barrie | $735,000 | Battaglia Team