$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
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
Estimated mortgage payment
$2,546 per month
- Principal and interest
- $2,546
- Property tax
- $313
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $122,975
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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