$949,888 - 329 Edgehill Drive, Barrie
Multi-Family for Sale in Barrie
Popular ListingNeighbourhood: Edgehill Drive
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- MLS Number
- S14032614
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 8
- Bedrooms
- 7
- Bathrooms
- 3
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Barrie
- Taxes (2026)
- $7,279
- Listing Brokerage
- SUTTON GROUP - SUMMIT REALTY INC.
**EXCEPTIONAL INVESTMENT** opportunity in sought-after neighbourhood with endless possibilities! This legal duplex is the perfect addition to your investment portfolio or an ideal solution for multi generational living. Featuring two self-contained units, this versatile property offers the flexibility to generate strong rental income, live in one unit while the other helps offset your mortgage, or comfortably accommodate extended family under one roof. The property is currently tenanted, providing immediate income potential for investors, while the Seller is also willing to provide vacant possession, offering the flexibility for Buyer to move in and make it their own. Ideally situated, you'll enjoy convenient access to Highway 400, schools, parks, shopping, restaurants, public transit, and all essential amenities. Whether you're an investor looking for a turnkey income property or a homeowner seeking flexibility and future value, this legal duplex is a rare opportunity you won't want to miss! **NB: A/C in upper unit only, shared water meter, separate gas and hydro meters, separate HVAC system.**
Estimate your monthly payments for this property
Estimated Payment
$4,873.42/mo
Includes CMHC insurance ($26,502)
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 Edgehill Drive
Edgehill Drive 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 Edgehill Drive
- •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
Edgehill Drive 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.
329 Edgehill Drive, 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 $317/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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 3 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 Edgehill Drive
I know Edgehill Drive 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 $3,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.