$649,900
42 Penetang Street, Barrie, ON L4M 1V6
Codrington
Codrington · L4M 3M7
$575,000
$383 / sq ft4 months on market
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$649,900
Codrington
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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 3% of comparable multiplex listings in Barrie are asking less.
Based on 31 comparable active multiplex listings in Barrie. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $575,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of VANGUARD REALTY BROKERAGE CORP.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of HOME LAND PLUS REALTY LTD.