Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Codrington. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $785,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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
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Data-driven valuation for 39 Eugenia Street, Barrie, ON L4M 1P7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in Barrie.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.