Gurvinder Nokwal REALTOR®
For Sale Triplex 95 days on market

$889,900

Est. payment $3,940/moCalculate yours

65 Ottaway Avenue, Barrie, ON L4M 2X1

Wellington, Barrie, ON L4M 2X1

  • 3 + 5 Beds
  • 4 Baths
  • 700 Sq Ft

Listing courtesy of REAL BROKER ONTARIO LTD. MLS® S13565306

About this home

**Turnkey Legal Duplex with Legal Registered Detached Garden Suite | Fully Tenanted | Exceptional Investment Opportunity**An outstanding opportunity to own a fully tenanted, income-producing legal duplex with a detached secondary garden suite in one of Barrie’s most established and sought-after neighbourhoods. This rare turnkey investment offers immediate cash flow with quality tenants already in place, making it an ideal addition to any real estate portfolio.Thoughtfully maintained and recently updated, the property features new shingles on main house 2026 and some new floors in basement unit providing added value and reducing future capital. With three self-contained living spaces, this is a low-maintenance, high-performing asset designed to deliver strong and consistent rental income.Situated on a generous lot in a mature, family-friendly neighbourhood, the property is perfectly positioned close to Highway 400, schools, public transit, parks, shopping, and everyday amenities. Its desirable location continues to attract quality tenants while supporting long-term appreciation.For investors, this is the complete package-a fully leased, turnkey property with multiple income streams, recent capital improvements, and excellent future growth potential. For those looking to house hack, there is also the opportunity to occupy one unit in the future while continuing to generate income from the remaining suites.Whether you’re expanding your investment portfolio or securing a high-quality income property in a thriving market, this is a rare chance to own a solid, fully tenanted asset in one of Barrie’s strongest rental locations. Opportunities like this don’t come along often.

Property details

Overview

Property Type
Triplex
Style
Backsplit 4
For
For Sale
Status
New
Approximate Age
51-99
Size
700 sqft

Interior

Bedrooms
3 + 5
Bathrooms
4
Kitchens
3
Basement
Separate Entrance, Finished, Apartment

Building & Systems

Heating
Baseboard (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
56 x 135 Feet
Parking
None garage · 5 total
Zoning
R2

Financial

Property Taxes
$6,649 (2025)

Location

Neighbourhood
Wellington
Cross Street
St Vincent Street and Ottaway Ave
Direction Faces
South

Listing

MLS® Number
S13565306
Days on Market
95
Listed On
2026-07-15
Possession
Flexible
Listed By
REAL BROKER ONTARIO LTD.

Rooms

Room Level Dimensions
Kitchen Main 8′ 6″ × 9′ 0″
Bedroom Ground 9′ 0″ × 11′ 0″
Kitchen Flat 14′ 0″ × 3′ 1″
Bedroom Ground 9′ 0″ × 11′ 0″
Breakfast Main 7′ 0″ × 8′ 0″
Kitchen Basement 8′ 6″ × 9′ 9″
Bedroom Flat 12′ 1″ × 11′ 5″
Bedroom Flat 12′ 7″ × 9′ 1″
Bedroom Second 9′ 0″ × 12′ 6″
Living Room Main 14′ 0″ × 14′ 0″
Living Room Basement 12′ 0″ × 18′ 0″
Living Room Flat 14′ 0″ × 11′ 0″
Bedroom Ground 10′ 10″ × 11′ 0″
Bedroom Second 8′ 8″ × 9′ 0″
Primary Bedroom Second 10′ 0″ × 13′ 0″

Features

Interior

  • Separate Hydro Meter
  • Sump Pump

Property

  • Hospital
  • Public Transit
  • Park

Pool

  • None
Included
Main Unit Includes- White Stove, Fridge, Hood Fan, Dishwasher, Stackable Washer/Dryer, All ELF'sLower Unit Includes-White Stove, Fridge, Hood Fan, Stackable/Washer Dryer, All Elf'sGarden Unit-SS Fridge, SS Dishwasher, SS Stove, Black Microwave, White Hood Fan, White Stackable Washer and Dryer
Rental items
HWT @44.43 monthly/approx.

Mortgage calculator

Minimum for this price: $63,990 (7.19%)

Amortization, years

Estimated mortgage payment

$3,940 per month

Principal and interest
$3,940
Property tax
$554
Estimated monthly cost
$4,494

Your mortgage

Mortgage amount
$711,920
Mortgage insurance
Not needed
Interest over 25 years
$470,165

Cash to close

Down payment
$177,980
Land transfer tax
$14,273
Total, before legal fees
$192,253
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

65 Ottaway Avenue, Barrie, ON L4M 2X1 Wellington, Barrie, ON L4M 2X1
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$889,900 65 Ottaway Avenue, Barrie, ON L4M 2X1
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