340 Innisfil Street
Allandale, Barrie
$849,990
Investor opportunity at 340 Innisfil Street in Barrie! This fully tenanted, cash-flowing property features a legal duplex plus a coach house, offering three rental units in one investment. Each unit has two bedrooms and one bathroom. The main unit rents for $1,850 per month, the basement unit for $1,900, and the coach house for $1,950, generating $5,700 per month in gross rental income. With tenants already in place, this is an opportunity for investors seeking an established income-producing property.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $6,384 |
| Lot Size | 102.46 ft x 113.55 ft |
| mls© Number | S13844364 |
| Listed By | Your Home Sold Guaranteed Realty Imperium |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,351
- Property tax
- $532
- Heat allowance
- $150
- Housing costs
- $5,033 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$155,000
gross annual household income
- Payment at 4%
- $3,577 / mo
- Cash down
- $169,998
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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