$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
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
Estimated mortgage payment
$3,940 per month
- Principal and interest
- $3,940
- Property tax
- $554
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $192,253
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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