Nestled in a peaceful downtown enclave, this property presents an enticing investment opportunity or serves as an ideal starter home, complete with a legal second suite. The upper floor of this residence sits vacant, offering you the flexibility to either move in and leverage house hacking, where the lower level income assists with costs, or opt for selecting your own tenant and setting rents, transforming it into a pure investment property. For astute investors, the property boasts RM2 zoning, opening doors for redevelopment prospects. The upper level spans two floors, featuring a main floor with a living room, kitchen, 4 bedrooms, and one and a half baths. The lower unit, fully legalized in 2018, enjoys ample natural light, comprising 2 bedrooms, a 3-piece bathroom, and an open-plan living room/kitchen area. Perched atop a gentle hill, the home offers stunning south-facing views overlooking the city of Barrie and the lake. This property offers versatility and potential, making it an attractive opportunity for both investors and homeowners alike. (id:47423)
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Listed By
Keller Williams Experience Realty Brokerage, Royal LePage Locations North (Collingwood), Brokerage
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Detailed Information
Bedrooms
6
Bathrooms
3
Lot
64 x 78 ft
Amenities Nearby
Hospital, Park, Place of Worship, Playground, Schools, Shopping
Community Features
Community Centre, School Bus
Equipment
Water Heater
Features
Paved driveway, Sump Pump
Listing Contract Date
2024-03-20
Location Description
Bayfield St. to Sophia St. E
Ownership Type
Freehold
# of Parking Spaces
3
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Porch
Transaction Type
For sale
Zoning Description
RM2
Building
Appliances
Window Coverings
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1979
Construction Material
Wood frame
Cooling Type
Central air conditioning
Exterior Finish
Vinyl siding, Wood
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1.5
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Carport
Land
Total Size
under 1/2 acre
Access Type
Road access
Amenities
Hospital, Park, Place of Worship, Playground, Schools, Shopping
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