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Letitia Heights

43 Christie Crescent, Barrie, ON L4N 4V2

$445,000

Beds

4

Baths

2

Type

Freehold

About this home

Legal duplex located in the desirable Letitia Heights area of Barrie. This property is a solid opportunity for investors or buyers looking to live in one unit and rent the other.The upper unit features 3 bedrooms and has had the same tenant for 14 years showing strong long-term stability; month to month at $1,570.94 per month inclusive. The lower unit is vacant and offers 1 bedroom with a separate side entrance; approx market rent $1,300 per month or ready to move in to immediately.. The property includes parking for 3 vehicles, making it convenient for both units. Total utility costs for 2024 were $5,645.04. Located close to schools, parks, shopping, and transit, this duplex offers steady income today with future flexibility. A great choice for investors seeking reliable cash flow or owner-occupiers wanting help with the mortgage.

Interior

  • · None

Heating

  • · Forced Air

Cooling

  • · None

Parking

  • · Private

Basement

  • · Separate Entrance
  • · Partial Basement

What it could cost monthly

Estimated monthly

$2,038

Principal & interest, per month

Mortgage amount
$356,000
Down payment
$89,000
Total interest paid
$255,345

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

RE/MAX By The Bay Brokerage

Each office independently owned and operated.