3 Blue Mound Drive, Barrie, ON L4M 4B1

About this property

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.

Property facts & features

Property type

Duplex

MLS® number

S13866536

Source status

New

Bedrooms

5

Bathrooms

2

Reported interior area

Not provided

Neighbourhood

Not provided

Postal code

L4M 4B1

Parking spaces

5

Garage

Attached

Lot depth (source units)

60.01

Annual property tax

4588.2

Basement

Finished, Separate Entrance

Laundry

Not provided

Interior features

In-Law Suite, Primary Bedroom - Main Floor, Water Heater

Exterior features

Privacy, Year Round Living

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

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Property value & listing history

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

Plan your monthly ownership costs

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

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