$585,000Asking Price
Turnkey investment opportunity in central Barrie with reliable income already inplace. Currently tenanted at $2,542/month with an excellent two-year payment history.Ideal for investors seeking immediate rental income, with the flexibility for owner occupancy or future value-add opportunities. The cooperative tenant is willing to stay or vacate with proper notice, offering options for both buy-and-hold investors and renovators. This well-maintained semi-detached home features 3 bedrooms, 1 full bathroom, a main-level walkout to a private fenced backyard, and a large deck. The basement offers strong potential for a future secondary suite conversion, creating additional income opportunities. Major updates include a high-efficiency furnace, updated electrical panel, insulated vinyl siding,updated bathroom, newer front entry door, widened sealed driveway, water softener,hot water tank, air conditioning, and stainless steel appliances. Conveniently located minutes to shopping, schools, parks, public transit, and Highway 400. Rare opportunity to secure a property with stable rental income today and significant future upside potential. Tenant payment history available upon request. All photos were taken prior to the tenant's occupancy.
Turnkey investment opportunity in central Barrie with reliable income already inplace. Currently tenanted at $2,542/month with an excellent two-year payment history.Ideal for investors seeking immediate rental income, with the flexibility for owner occupancy or future value-add opportunities. The cooperative tenant is willing to stay or vacate with proper notice, offering options for both buy-and-hold investors and renovators. This well-maintained semi-detached home features 3 bedrooms, 1 full bathroom, a main-level walkout to a private fenced backyard, and a large deck. The basement offers strong potential for a future secondary suite conversion, creating additional income opportunities. Major updates include a high-efficiency furnace, updated electrical panel, insulated vinyl siding,updated bathroom, newer front entry door, widened sealed driveway, water softener,hot water tank, air conditioning, and stainless steel appliances. Conveniently located minutes to shopping, schools, parks, public transit, and Highway 400. Rare opportunity to secure a property with stable rental income today and significant future upside potential. Tenant payment history available upon request. All photos were taken prior to the tenant's occupancy.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 15.98' x 11.42' | Eat-in Kitchen, Built-in Appliances, Breakfast Area |
| 1 4-Piece Bathroom | ||||
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Letitia Heights, Barrie is a north GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be older with a significant number of babies, adults aged 25 to 39, 25 to 39 and 25 to 39 and seniors aged 65 to 69.
Kids Per Family
1.1
kids per family
in the neighbourhood.
50%
of residents are
single and loving it.
50% singles
Barrie (46%)
34%
of residents
are renters.
34% renters
Barrie (30%)
13%
of residents are
university grads.
13% university grads
Barrie (23%)Average Household Income
$99K
is the average household
income in the neighbourhood.
Professions
| Sales | 19% |
| Trades | 13% |
| Business | 9% |
| Government | 8% |
| Management | 5% |
10%
of residents were
born outside of Canada.
10% immigrants
Barrie (13%)2.1% from UK
All-time
0.2% from India
Recent
Foreign Languages
| French | 2% |
| Spanish | 1% |
| German | 1% |
| Italian | 1% |
| Polish | 1% |
Religions
| Christian | 66% |
| Muslim | 1% |