3 BLUE MOUND DRIVE

LEGAL DUPLEX ON A SPACIOUS CORNER LOT WITH ESTABLISHED INCOME & FURTHER INVESTMENT POTENTIAL! There is something exciting about a property that gives you options, and this legal duplex offers plenty of them. Set on a spacious corner lot surrounded by mature trees and generous green space, this brick raised bungalow features two separate living spaces, with a 3-bedroom, 1-bathroom main-floor unit and a 2-bedroom, 1-bathroom basement apartment with a separate entrance, each with its own kitchen. Whether you're looking to create a comfortable home for extended family, generate rental income, or build an investment with room to grow, the flexible layout makes it easy to envision what comes next. Reliable tenants are currently in place in both units, providing established monthly income, while six parking spaces, including an oversized single car garage and four driveway spaces, add everyday convenience and flexibility. The generous lot may also offer potential for a future garden suite, subject to applicable requirements and approvals from the City of Barrie, giving buyers another opportunity to explore the property's possibilities over time. Located in Barrie's City Centre neighbourhood, this property puts downtown, shopping, schools, services, entertainment, restaurants, and everyday amenities within easy reach, offering the convenience of an established community while leaving plenty of room to shape the future. Whether your vision is rooted in family, investment, or simply having more options at your fingertips, this is a property that gives you the space and flexibility to make it your own. (id:67197)

Price

$725,000

Property Type

Multi-family

Transaction Type

For sale

Bedrooms

5

Bathrooms

2

Parking

5

MLS® Number

S13760458

Interior Size

1100 - 1500 sqft

Building Type

Duplex

Architectural Style

Raised bungalow

Bedrooms Above Grade

3

Bedrooms Below Grade

2

Bathrooms

2

Basement

N/A (Finished), N/A

Basement Development

Finished

Cooling

Central air conditioning

Exterior Finish

Brick

Fireplace

Yes

Fireplaces

1

Foundation

Concrete

Heating Fuel

Natural gas

Heating

Forced air

Interior Size

1100 - 1500 sqft

Stories

1

Water

Municipal water

Size Frontage

110 ft

Size Depth

60 ft

Acreage

No

Sewer

Sanitary sewer

Amenities Nearby

Hospital, Park, Place of Worship, Public Transit, Schools

• Irregular lot size
• Level
• In-Law Suite
• Hospital
• Park
• Place of Worship
• Public Transit
• Schools
• Water Heater