$699,900
For sale: Multiplex

ALLANDALE HEIGHTS COMPLETELY RENOVATED VACANT LEGAL DUPLEX WITH TWO SEPARATE YARDS! This modern home offers a fully legal second suite registered in 2020! As a duplex it presents exceptional flexibility for buyers seeking mortgage-offset income, improved TDS ratios for financing, multi-generational living, or a strong investment property in a high-demand neighbourhood. The home sits on a 50' lot with deck & shed and is completely turnkey, offering detailed finishes throughout. The main level features a bright three-bedroom layout with a spacious living room, dedicated dining area, an updated kitchen, an ultra-modern four-piece bath, and its own separate laundry. Large windows and clean contemporary finishes create an inviting space that feels fresh and move-in ready. The lower level is a registered legal apartment offering two bedrooms, a full second kitchen, a generous living room, full bath and private laundry. This suite also enjoys its own yard, giving both units independence and privacy rarely found in duplex properties.With five total bedrooms, two full baths, two kitchens, two laundries, and two separate yards, the property provides outstanding versatility for comfortable living and income potential. Park in the attached garage or the large drive with four additional spaces. (total of 5 car parking) Located in the heart of Allandale, the home is close to parks, schools, shopping, transit, and Barrie's waterfront. The property is vacant, making it easy to show and allowing for a quick closing. With no tenants, buyers can move forward without complications or delays.
Sold data
Homes in Allandale Heights took a median of 19 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 40, across 60 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 51 days.
The median sale price was $699,450.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 60 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Barrie (Allandale Heights) has 49 Fraser Institute–rated schools (39 elementary and 10 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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