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29 Peel Street

29 Peel Street

Barrie, ON

  • 4 bed
  • 4 bath
  • approx. 2000-2500 sqft
  • Duplex
  • 141 days on market
$799,999Price reduced 6%

Rare opportunity to own a multi-unit investment property in a prime Barrie location, just steps to the waterfront and Georgian College. Set on a generously sized lot with no immediate neighbour to the right, this property backs onto a private, tree-lined ravine with nearby walking trails and a picturesque stream, offering a unique blend of privacy and urban convenience. Currently configured with four separate living areas (3 one-bedroom, 1 studio), the property offers strong income potential in a high-demand area. Financials attached. Recent updates include renovations to Unit 1 (kitchen, flooring, bathroom, dishwasher), new fridge (Unit 2), updated eavestroughs (2026), gutter guards at the front, and furnace (2021). Additional features include three separate hydro meters, three electrical panels, and two large hot water tanks. The unfinished basement offers further value-add potential with 8-foot ceilings, large above-grade windows, and partial framing already in place. Conveniently located minutes to Highway 400, downtown Barrie, and key amenities, making it an attractive option for both tenants and commuters.

Listing Details

Taxes (2025)
$6,635
Originally Listed
$849,999
Listed
April 23, 2026

Price History

Listing history

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Property

Style
2 1/2 Storey
Age
100+
Construction
Brick, Wood
Roof
Asphalt Shingle
Foundation
Unknown
Interior
Carpet Free, Separate Hydro Meter, Water Heater
Lot Size
50 x 132.72 Feet

Parking

Garage
None
Covered Spaces
5
Total Parking
5

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Wellington St E & Peel St
Zoning
RP, RM2
Parcel Number
588190315
Possession
Immediate
Occupancy
Tenant

Included

Inclusions
4 fridges, 4 stoves, 1 window AC, 1 portable AC, 1 space heater (permanent fixture fireplace style), 1 washer, 1 dryer
Exclusions
Tenant belongings
Rental Items
Hot water tanks x2

Schools

Elementary

  • Oakley Park Public School0.6 km

    Public · Simcoe County DSB · 385 students

    Grade 3 reading: 47% met the provincial standard · Grade 6 math: 53% met the provincial standard

  • Hillcrest Public School0.9 km

    Public · Simcoe County DSB · 465 students

    Grade 3 reading: 50% met the provincial standard · Grade 6 math: 39% met the provincial standard

  • Codrington Public School1.1 km

    Public · Simcoe County DSB · 280 students

    Grade 3 reading: 100% met the provincial standard · Grade 6 math: 82% met the provincial standard

Secondary

  • Barrie North Collegiate Institute0.7 km

    Public · Simcoe County DSB · 1475 students

    Grade 10 literacy: 88% met the provincial standard

  • Simcoe Shores Secondary School1.4 km

    Public · Simcoe County DSB · 435 students

  • St Joseph's Separate School2.1 km

    Catholic · Simcoe Muskoka CDSB · 930 students

    Grade 10 literacy: 81% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L4M

Population
46,902
Private dwellings
19,372
Median age
38
Average household size
2.5
Median household income
$87,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Barrie · last 12 months

Median sold price
$653,500
Homes sold
1,910
Median days on market
26
Sale-to-list price
97.3%

Based on 1,910 recorded sales of residential freehold properties in Barrie over the last 12 months.

Rooms

2 × 3-piece on Main, 3-piece on Second, 2-piece on Third

Third

  • Bedroom 311' x 12'4"
  • Bedroom 411'6" x 8'9"

Second

  • Kitchen10'4" x 12'8"
  • Kitchen6'6" x 8'9"
  • Living Room9' x 22'1"
  • Living Room10'4" x 12'8"

Main

  • Bedroom11'9" x 12'8"
  • Bedroom 28' x 13'2"
  • Kitchen9'2" x 21'11"
  • Living Room8' x 13'2"

Listed by

RIGHT AT HOME REALTY

Walk Score

91

Walk

51

Transit

25

Bike

Scores by Walk Score®

Mortgage Calculator

$160,000

Estimated Monthly Payment

$3,930

Land transfer tax

Estimated land transfer tax$12,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,930/mo (20% down, 5.5%)

Taxes: $553/mo · Insurance: $200/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Conveniently located minutes to Highway 400, downtown Barrie, and key amenities, making it an attractive option for both tenants and commuters.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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