340 Innisfil Street, Barrie

Price: $849,990

6 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: S13844364

Investor opportunity at 340 Innisfil Street in Barrie! This fully tenanted, cash-flowing property features a legal duplex plus a coach house, offering three rental units in one investment. Each unit has two bedrooms and one bathroom. The main unit rents for $1,850 per month, the basement unit for $1,900, and the coach house for $1,950, generating $5,700 per month in gross rental income. With tenants already in place, this is an opportunity for investors seeking an established income-producing property.

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active
New Listing
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$849,990 - 340 Innisfil Street, Barrie

Detached for Sale in Barrie

New — Listed 7 days ago

Neighbourhood: Allandale

6Beds
3Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
S13844364
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
6
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Barrie
Taxes (2026)
$6,384
Listing Brokerage
Your Home Sold Guaranteed Realty Imperium
Description

Investor opportunity at 340 Innisfil Street in Barrie! This fully tenanted, cash-flowing property features a legal duplex plus a coach house, offering three rental units in one investment. Each unit has two bedrooms and one bathroom. The main unit rents for $1,850 per month, the basement unit for $1,900, and the coach house for $1,950, generating $5,700 per month in gross rental income. With tenants already in place, this is an opportunity for investors seeking an established income-producing property.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.89/mo

Includes CMHC insurance ($23,715)

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5%10%50%

5-yr fixed avg.

Principal: $764,991Interest: $519,561
Mortgage Amount$788,706
Total Interest$519,561
Est. Property Tax$602/mo
Total Cost$1,308,267

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: Allandale

Discover Allandale

Allandale 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 Allandale

  • •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

Allandale 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

340 Innisfil Street, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$3,221

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

Premium Pricing

At $1214/sqft, this property is priced above the Barrie average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Detached Home Advantages

Detached homes in Barrie are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

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.

Excellent Flexibility

With 6 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.

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    340 Innisfil Street, Barrie | $849,990 | Battaglia Team