19 Alfred Street, Barrie

$599,900
19 Alfred Street

$599,900

New
15d
Duplex2-Storey

19 Alfred Street, Barrie

Total Monthly Obligation $3,176

Beds
4
Baths
2
Park
6
Sqft
1500-2000
DOM
15d
Score
23
Yield
6.3%
Cash on Cash
2.3%
Cap Rate
5.1%
5Y IRR
17.4%
10Y IRR
16.1%
Property Type-Duplex
MLS® Number-S13875618
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-69 × 100 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Duplex
Age-51-99
Taxes-$4,578.61 (2026)
Parking-6 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Allandale
Title-Residential Freehold

No agent assigned

QUICK CLOSING AVAILABLE! ONE HOME, TWO SEPARATE LIVING SPACES & MORE WAYS TO MAKE HOMEOWNERSHIP WORK! Set in Historic Allandale on a large corner lot beneath towering pines, this vacant legal duplex offers investors, first-time buyers and multigenerational households two fully self-contained living spaces, whether the plan is to live in one and rent the other, lease both, or keep family close while maintaining separate households. The main-floor apartment features two bedrooms, a 4-piece bath and a spacious living room with large windows, pot lights and updated flooring. The kitchen pairs white cabinetry with stainless steel appliances, a breakfast peninsula and separate pantry, with a walkout to a 19 x 16 ft deck and backyard. This unit also has its own laundry, air conditioning and access to the partially finished basement, where large windows and a spacious recreation room offer potential to add another bedroom and bathroom. The completely separate second-floor apartment includes two bedrooms, a 3-piece bath, living room, kitchen with pantry and full-size appliances, two linen closets and its own laundry. Separate hydro meters make managing the two residences easier, while some updated windows, newer shingles and a newer furnace take several larger updates off the list. Outside, the driveway accommodates six vehicles with room for an RV, trailer or boat, and an 8 x 10 ft garden shed adds useful storage. Blair Park is just steps away, while Barrie's waterfront, Allandale Waterfront GO Station, Highway 400, shopping, schools, recreation and public transit are all nearby.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,176/mo
Mortgage $2,420
Monthly Loss $2,540
Principal$637
Interest$1,783
Property Tax$382
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.3%3
5-Year IRR
13.1%58
10-Year IRR
13.0%
Returns Index
30.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$37,608/yr
NOI
$24,769/yr
Net Cash Flow
-$356/mo
Cash Margin
-11.4%1
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
28.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 19 Alfred Street

Time

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