Fresh and new, built to last, A duplex on Lally Terrace - rare as gold, unsurpassed. Two homes in one, each with its own kitchen and heat, Two meters, two furnaces - income or family, complete. Nine-foot ceilings soar above hardwood floors, Walk-in closets galore, and six bathrooms, of course. The entrance lobby is grand, with a closet to spare, Opening up to a media room floating in air. Two separate private garages, one for each home, Privacy and security, wherever you roam. High-end finishes throughout, gorgeous from top to toe - Generational living or rental income, ready to go. Purpose-built duplexes like this are almost never made, So don't wait - this rare gem won't stay on display. *Some images have been AI edited to show boundaries, furniture, and ideas.
4 bedrooms, 5 bathrooms, about 3,000 sq ft, works out to roughly $417 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.Ask Zara a follow-up
Inside 40 Lally Terr
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
3000-3500 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Finished with Walk-Out, Walk-Up
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Finished with Walk-Out · Walk-Up
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Duplex
40 Lally Terr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13883172$1,250,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 40 Lally Terr Compares to the Barrie Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,141
/mo
based on the purchase price of $1,250,000
$250,000 cash
$1,000,000 financed
$842,262 total interest
Principal54%$1,000,000
Interest46%$842,262
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 40 Lally Terr
Homes for sale in Barrie
Every active Barrie MLS® listing, updated all day.
Average days on market36Homes sold in about 36 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings1,079Homes for sale here right now.
Median vs prior 90 days−3.0%Compared with Apr 12 – Jul 11, 2026: prices down.
Based on 756 sales from Jul 11 – Oct 9, 2026 (519 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
40 Lally Terr is listed at $1,250,000 (MLS® S13883172). Summitly updates the price as soon as the MLS® record changes.
Is $1,250,000 a good price for 40 Lally Terr?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Barrie. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 40 Lally Terr changed?
No — 40 Lally Terr is still listed at its original asking price of $1,250,000.
How many bedrooms and bathrooms does 40 Lally Terr have?
40 Lally Terr has 4 bedrooms and 5 bathrooms, with about 3,000–3,500 square feet of living space. It is a duplex in Barrie.
Is 40 Lally Terr close to transit?
The nearest rapid-transit station is Barrie South GO Station (Barrie GO), about 1.1 km (about a 13-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 40 Lally Terr?
About $6,141 a month — principal and interest on $1,250,000 with 20% down ($250,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 40 Lally Terr compare with other homes in Barrie?
Its asking price of $1,250,000 is about 95% above the median sold price in Barrie over the last 90 days, $642,250, across 756 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 40 Lally Terr been sold before?
Summitly has no earlier MLS® sale or lease of 40 Lally Terr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 40 Lally Terr?
40 Lally Terr is in Barrie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 40 Lally Terr been on the market?
40 Lally Terr was listed today (October 9, 2026).
What is the price per square foot of 40 Lally Terr?
About $357 to $417 per square foot: the asking price of $1,250,000 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 40 Lally Terr have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
