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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
Fridge,Stove,Washer,Dryer,Dishwasher,Wdw Coverings,Elf's
City: Barrie
Neighborhood: Codrington
Purchase Price | $785000 |
Down Payment | $157000 |
Mortgage Insurance | $0 |
Total Mortgage | $628000 |
Mortgage Payment | $3870 |
Property Taxes | $426 |
Maintenance Fees | $0 |
Monthly Payment | $4296 |
Sold Comparables homes near 39 Eugenia St, Barrie
Located at 39 Eugenia St , this Barrie house is available for sale. This property was listed for $785,000 on Wed Oct 08 2025. This house's size is 700-1100 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Family, Dining, Kitchen, Primary, Br, 2nd Br. This property comes with 2 parking spots. 39 Eugenia St, Barrie is situated in the Codrington neighbourhood.
MLS#: S12451258 · $785,000 · 3 bedroom house in Codrington, Barrie