$729,999
For sale: Detached

Attention investors! This registered two-unit raised bungalow offers immediate income opportunity with both units currently tenanted. This property offers $3700 of monthly cash flow. The main level features three bedrooms, a bright living and dining area, a kitchen, and a four-piece bathroom. The lower unit offers a separate entrance, kitchen, living area, bathroom, and two additional bedrooms. With approximately 1900 square ft of living space, this property is a great investment opportunity. Situated in one of Barrie's most sought-after neighbourhoods, this 60 x 100 ft lot features a spacious four-car driveway. Several recent improvements include; a new roof, upgraded attic insulation, tiled front steps with a new railing installed, landscaping and updated basement flooring. Conveniently located near the waterfront, hospital, schools, Georgian College, shopping, transit and highway.
Sold data
Detached homes in Barrie (Codrington) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 49, across 300 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $729,894.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 300 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Barrie (Codrington) has 49 Fraser Institute–rated schools (39 elementary and 10 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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