$824,900
For sale: Multiplex

Let your tenants help pay the mortgage!This unique LEGAL duplex bungalow offers an incredible opportunity for homeowners and investors alike with three separate living areas and outstanding income potential.The bright and spacious main level features a 2-bedroom layout, while the lower-level 1 bedroom suite and separate bachelor suite provide additional income opportunities. Potential gross income exceeds $4,800 per month, making this a rare opportunity in today's market. Ideal for owner-occupants looking to offset housing costs, multi-generational families seeking flexible living arrangements, or investors searching for strong cash flow potential. Conveniently located close to schools, parks, shopping, public transit and commuter routes. Exceptional value and endless possibilities at an affordable price.
Sold data
Multiplex homes in Barrie (Painswick South) took a median of 33 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 55, across 45 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 99 days.
The median sale price was $699,900.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 45 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 (Painswick South) 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.
Currently for sale

$836,000
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