$709,000
For sale: Multiplex

Attention investors! This registered legal duplex in a desirable, mature North Barrie neighbourhood is a fantastic turnkey investment. Offering two separate units, each with bright, functional living spaces and the convenience of in-suite laundry This income-generating property features a rare 4-bedroom upper unit and 3-bedroom lower unit, a highly sought-after configuration that commands excellent rental income. Well maintained throughout and currently occupied by exceptional long-term tenants who would love to remain, this is an opportunity to enjoy immediate cash flow with reliable tenants already in place.
Sold data
Homes in Wellington took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 39, across 52 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.
The median sale price was $629,450.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
Based on 52 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 (Wellington) 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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