$624,900
For sale: Multiplex

PRICED TO SELL - Registered Duplex with RM2 Zoning & Development Potential Welcome to 44 Parkside Dr, Barrie-a beautifully updated century home that blends modern finishes with timeless character. This registered duplex offers a spacious main-floor 2-bedroom suite and a bright upper-level 1-bedroom suite, both extensively renovated and featuring separate laundry facilities, updated appliances, and stylish finishes throughout. Situated on a generous 66 x 132 ft lot with RM2 zoning, this property presents exceptional versatility and future potential. Investors can enjoy strong rental income, first-time buyers can offset mortgage costs by living in one unit and renting the other, and multi-generational families will appreciate the flexible living arrangements. Potential rental income is estimated at approximately $2,500/month for the lower unit and $1,800/month for the upper unit. The RM2 zoning may offer the opportunity for additional development potential, including the possibility of adding further residential units (buyer to complete their own due diligence with the City of Barrie).Extensively renovated in 2024, over $70k in updates include new kitchens, bathrooms, flooring, trim, doors, hardware, lighting, most appliances, and a complete interior repaint. Additional improvements include a new A/C (2024), hot water tank (2024), and furnace (2019).Ideally located across from Queens Park and close to schools, shopping, public transit, downtown amenities, and major commuter routes, this property offers both immediate value and long-term upside. A rare opportunity to own a turn-key, income-generating property in a convenient central Barrie location with vacant possession and immediate occupancy available.
Sold data
Multiplex homes in Barrie (Queen's Park) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 99 days.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 (Queen's Park) 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