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 |
Price | $785,000 |
Taxes: | $5116.00 |
Assessment Year: | 2024 |
Occupancy: | Owner |
Address: | 39 Eugenia Stre , Barrie, L4M 1P7, Simcoe |
Directions/Cross Streets: | Albert & Eugenia |
Rooms: | 7 |
Rooms +: | 6 |
Bedrooms: | 3 |
Bedrooms +: | 2 |
Family Room: | F |
Basement: | Finished wit, Apartment |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Family Ro | 18.01 | 12.33 | |
Room 2 | Main | Dining Ro | 9.25 | 8.23 | |
Room 3 | Main | Kitchen | 13.48 | 8.23 | |
Room 4 | Main | Primary B | 10.99 | 12 | |
Room 5 | Main | Bedroom | 11.15 | 8.99 | |
Room 6 | Main | Bedroom 2 | 10.99 | 8.76 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Detached |
Style: | Bungalow |
Exterior: | Brick |
Garage Type: | Detached |
Drive Parking Spaces: | 4 |
Pool: | None |
Approximatly Square Footage: | 700-1100 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK CHAY REALTY |
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Book Showing | Email a Friend |
Type: | Freehold - Detached |
Area: | Simcoe |
Municipality: | Barrie |
Neighbourhood: | Codrington |
Style: | Bungalow |
Tax: | $5,116 |
Beds: | 3+2 |
Baths: | 2 |
Fireplace: | N |
Pool: | None |