39 Eugenia ST new Save Request In-Person Tour Request Virtual Tour
Barrie,ON L4M 1P7
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Codrington
MLS Listing ID S12451258
Style Bungalow
Bedrooms 5
Annual Tax Amount $5,116
Tax Year 2025
Property Sub-Type Detached
Property Description
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
Location
Province ON
County Simcoe
Community Codrington
Area Simcoe
Rooms
Basement Finished with Walk-Out,Apartment
Kitchen 2
Interior
Interior Features None
Cooling Central Air
Inclusions Fridge,Stove,Washer,Dryer,Dishwasher,Wdw Coverings,Elf's
Exterior
Parking Features Detached
Garage Spaces 2.0
Pool None
Roof Type Metal
Total Parking Spaces 2
Building
Foundation Concrete