Gurvinder Nokwal REALTOR®
For Sale Duplex 161 days on market

$575,000 ↓ $24,000 from $599,000

Est. payment $2,546/moCalculate yours

103 Mulcaster Street, Barrie, ON L4M 3M7

Codrington, Barrie, ON L4M 3M7

  • 5 Beds
  • 2 Baths
  • 1,500 Sq Ft

Listing courtesy of VANGUARD REALTY BROKERAGE CORP. MLS® S13110124

About this home

103 Mulcaster Street is a legally registered duplex ideally situated in the heart of downtown Barrie, just steps from Kempenfelt Bay, restaurants, city services, parks, and schools. This exceptional property offers a rare opportunity for both homeowners and investors, featuring five bedrooms, two full bathrooms, four parking spaces, separate entrances for each unit, two separate hydro meters, and two hot water tanks (one owned and one rented). Unit 1, located on the main floor, has been fully renovated and has never been lived in since completion. It includes brand new appliances, all with applicable manufacturer warranties, providing a truly turnkey living space. Unit 2, situated on the second floor, is currently tenanted at a premium rental rate, generating immediate income from day one. Perfect for first-time home buyers, this property offers the opportunity to live in a beautifully updated main-floor unit while using the rental income from the upper unit to help offset mortgage payments and reduce overall ownership costs.

Property details

Overview

Property Type
Duplex
Style
2-Storey
For
For Sale
Status
Price Change
Approximate Age
100+
Size
1,500 sqft

Interior

Bedrooms
5
Bathrooms
2
Kitchens
2
Total Rooms
9
Basement
Partial Basement, Unfinished

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Brick, Vinyl Siding
Foundation
Brick, Concrete, Stone
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
38.5 x 80 Feet
Parking
None garage · 4 total
Zoning
Residential & Legal Duplex

Financial

Property Taxes
$3,755 (2026)

Location

Neighbourhood
Codrington
Cross Street
Mulcaster/ Codrington
Direction Faces
East

Listing

MLS® Number
S13110124
Days on Market
161
Listed On
2026-05-10
Possession
TBA
Listed By
VANGUARD REALTY BROKERAGE CORP.

Rooms

Room Level Dimensions
Bedroom 2 Upper 10′ 2″ × 7′ 3″
Kitchen Main 13′ 1″ × 13′ 11″
Primary Bedroom Main 10′ 8″ × 11′ 0″
Kitchen Upper 10′ 8″ × 9′ 6″
Family Room Upper 11′ 6″ × 9′ 2″
Family Room Main 11′ 6″ × 19′ 0″
Primary Bedroom Upper 13′ 11″ × 11′ 6″
Bedroom 3 Main 7′ 9″ × 10′ 2″
Other Upper 6′ 7″ × 6′ 7″
Bedroom 2 Main 7′ 3″ × 9′ 10″

Features

Interior

  • Separate Hydro Meter
  • Storage Area Lockers
  • Water Meter
  • Water Heater Owned

Pool

  • None
Included
All items that are not owned by Tenants.
Excluded
Tenants Property.
Rental items
Hot Water Tank.

Mortgage calculator

Minimum for this price: $32,500 (5.65%)

Amortization, years

Estimated mortgage payment

$2,546 per month

Principal and interest
$2,546
Property tax
$313
Estimated monthly cost
$2,859

Your mortgage

Mortgage amount
$460,000
Mortgage insurance
Not needed
Interest over 25 years
$303,793

Cash to close

Down payment
$115,000
Land transfer tax
$7,975
Total, before legal fees
$122,975
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

103 Mulcaster Street, Barrie, ON L4M 3M7 Codrington, Barrie, ON L4M 3M7
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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).

$575,000 103 Mulcaster Street, Barrie, ON L4M 3M7
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