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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. For evening entertainment, all that Barrie has to offer is only a short 10-minute walk to downtown.
City: Barrie
Neighborhood: Codrington
Purchase Price | $699000 |
Down Payment | $139800 |
Mortgage Insurance | $0 |
Total Mortgage | $559200 |
Mortgage Payment | $3446 |
Property Taxes | $314 |
Maintenance Fees | $0 |
Monthly Payment | $3760 |
Located at 65 Sophia St E , this Barrie house is available for sale. This property was listed for $674,900 on Fri May 03 2024. This house's size is 1100-1500 Sqft. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Bathroom, Br, 2nd Br, Kitchen, Living, 3rd Br, 4th Br, Bathroom, 5th Br, Br, Kitchen, Living. This property comes with 3 parking spots. 65 Sophia St E, Barrie is situated in the Codrington neighbourhood.
MLS#: S8157166 · $674,900 · 4 bedroom house in Codrington, Barrie