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.
| MLS # | S13110124 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 160 |
| Listing Provided By | VANGUARD REALTY BROKERAGE CORP. | S13110124 152900 |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.07 |
| Water Front | Indirect |
| Property View | Bay, City, Downtown, Garden, Water |
| Interior Features | Separate Hydro Meter, Storage Area Lockers, Water Meter, Water Heater Owned |
|---|---|
| Lease To Own Equipment | Furnace |
| Heating Yes / No | Yes |
| Cooling | None |
| Heat Source | Gas |
| Fireplace Features | Other |
| Fireplace Yes / No | Yes |
| Rooms Total | 9 |
| Exterior Features | Deck, Porch |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Brick, Concrete, Stone |
| Lot Features | Irregular Lot |
| Topography | Hillside, Sloping |
| Water View | Partially Obstructive |
| View | Bay, City, Downtown, Garden, Water |
| Construction Materials | Brick, Vinyl Siding |
| Security Features | Carbon Monoxide Detectors, Smoke Detector |
| Garage Yes / No | No |
|---|---|
| Parking Features | Available |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 3755.34 |
|---|---|
| Tax Legal Description | PT LT 21 E/S MULCASTER ST PL 124 BARRIE AS IN RO1175407; S/T & T/W RO1175407; BARRIE |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Barrie |
| Postal Code | L4M 3M7 |
| Area | Codrington |
| Listing VS Median (in L4M 3M7) | |
Price: $575,000 low | high Med: $0 On site: 160 low | high Med: | |
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Barrie |
| Postal Code | L4M 3M7 |
| Area | Codrington |
| Listing VS Median (in L4M 3M7) | |
Price: $575,000 low | high Med: $0 On site: 160 low | high Med: | |