88C Clapperton Street, Barrie

Price: $750,000

3 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: S13505628

Welcome to 88C Clapperton Street, a fantastic investment opportunity in the heart of Barrie! This legal duplex is fully tenanted, offering immediate rental income with excellent long-term potential. The main-floor unit features a modern open-concept design with a spacious kitchen, dining area, and family room highlighted by a cozy gas fireplace. The stylish kitchen is equipped with stainless steel appliances, quartz countertops, a centre island, built-in microwave and dishwasher. The primary bedroom offers a walk-in closet and a 4-piece ensuite complete with double sinks and a glass shower. Step outside to enjoy the large deck overlooking a private, tree-lined backyard, providing plenty of outdoor space for relaxation. The lower-level unit is a bright and modern bachelor apartment featuring an open-concept layout, large windows that fill the space with natural light, laminate flooring, a generous closet, and a 3-piece bathroom. Located within walking distance to shopping, restaurants, parks, transit, and other everyday amenities, this turnkey income property is an excellent addition to any investment portfolio. Please note, the pictures are from prior to the tenant's taking possession. Buyer to verify zoning status with the Town of Barrie.

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New Listing
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$750,000 - 88C Clapperton Street, Barrie

Townhouse for Sale in Barrie

New — Listed 7 days ago

Neighbourhood: Codrington

3Beds
4Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
S13505628
Property Type
Townhouse
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Barrie
Listing Brokerage
RE/MAX PRIME PROPERTIES
Description

Welcome to 88C Clapperton Street, a fantastic investment opportunity in the heart of Barrie! This legal duplex is fully tenanted, offering immediate rental income with excellent long-term potential. The main-floor unit features a modern open-concept design with a spacious kitchen, dining area, and family room highlighted by a cozy gas fireplace. The stylish kitchen is equipped with stainless steel appliances, quartz countertops, a centre island, built-in microwave and dishwasher. The primary bedroom offers a walk-in closet and a 4-piece ensuite complete with double sinks and a glass shower. Step outside to enjoy the large deck overlooking a private, tree-lined backyard, providing plenty of outdoor space for relaxation. The lower-level unit is a bright and modern bachelor apartment featuring an open-concept layout, large windows that fill the space with natural light, laminate flooring, a generous closet, and a 3-piece bathroom. Located within walking distance to shopping, restaurants, parks, transit, and other everyday amenities, this turnkey income property is an excellent addition to any investment portfolio. Please note, the pictures are from prior to the tenant's taking possession. Buyer to verify zoning status with the Town of Barrie.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,847.89/mo

Includes CMHC insurance ($20,925)

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5-yr fixed avg.

Principal: $675,000Interest: $458,442
Mortgage Amount$695,925
Total Interest$458,442
Est. Property Tax$531/mo
Total Cost$1,154,367

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: Codrington

Discover Codrington

Codrington 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 Codrington

  • 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

Codrington 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

88C Clapperton Street, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,030/mo
Range: $2,576 - $3,484
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,030
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$2,343

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 $375/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Barrie have shown strong appreciation as families seek more space.

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.

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 Codrington

I know Codrington 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.

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    88C Clapperton Street, Barrie | $750,000 | Battaglia Team