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39 Eugenia Street Barrie, Ontario L4M 1P7

5 Bedroom 2 Bathroom 700 - 1100 sqft
Bungalow Central Air Conditioning Forced Air

$785,000

This property is a prime investment opportunity, featuring a fully renovated in-law suite with a separate entrance, perfect for generating immediate rental income. You can live in the top unit and rent out the basement as a mortgage helper, maximizing your financial flexibility. The move-in-ready suite boasts modern finishes and appliances, attracting high-quality tenants and ensuring low vacancy rates with strong rental demand. Situated in a desirable neighborhood near amenities and the lakefront, both the main residence and the in-law suite command premium rental rates. Investors can tap into multiple income streams, including long-term leases for the main home and suite or short-term rentals to leverage the areas appeal to tourists and professionals. The propertys low-maintenance features, such as the steel roof and recent upgrades, reduce ongoing costs, boosting cash flow and return on investment. Additionally, the detached garage offers further income potential, whether leased as a workshop or converted into an ADU. With its turnkey condition and versatile layout, this property is a lucrative addition to any investment portfolio (id:60365)

Property Details

MLS® Number S12451258
Property Type Single Family
Community Name Codrington
ParkingSpaceTotal 2

Building

BathroomTotal 2
BedroomsAboveGround 3
BedroomsBelowGround 2
BedroomsTotal 5
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementFeatures Apartment In Basement, Walk Out
BasementType N/a (finished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 700 - 1100 Sqft
Type House
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 155 Ft
SizeFrontage 60 Ft
SizeIrregular 60 X 155 Ft
SizeTotalText 60 X 155 Ft

Rooms

Level Type Dimensions
Main Level Family Room 5.49 m x 3.76 m
Main Level Dining Room 2.82 m x 2.51 m
Main Level Kitchen 4.11 m x 2.51 m
Main Level Primary Bedroom 3.35 m x 3.66 m
Main Level Bedroom 3.4 m x 2.74 m
Main Level Bedroom 2 3.35 m x 2.67 m

https://www.realtor.ca/real-estate/28965356/39-eugenia-street-barrie-codrington-codrington

Ben Ross
Salesperson


RE/MAX Hallmark Chay Realty
218 Bayfield St, 100078 & 100431
Barrie, Ontario L4M 3B6

Colby Marshall
Salesperson


RE/MAX Hallmark Chay Realty
218 Bayfield St, 100078 & 100431
Barrie, Ontario L4M 3B6

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