141 Ardagh Road

Nestled in the charming community of Ardagh, 141 Ardagh Road, Barrie, presents a remarkable opportunity for investors, developers, and builders alike. This Multi-Family Home for sale in Barrie is a well-maintained duplex situated on an impressive oversized lot, measuring 80 x 290 feet. The property is strategically located in an area that the City of Barrie has identified as an intensification zone, which opens up significant potential for future development or continued rental income.

This delightful bungalow-raised multiplex features a total of six rooms, comprising four spacious bedrooms and two bathrooms, making it an ideal choice for families or tenants seeking comfort and convenience. Each unit within this Multi-Family Home for sale in Barrie is designed with practicality in mind, boasting separate hydro meters and dedicated laundry facilities, ensuring that each tenant enjoys their own space and independence. The main floor unit is currently tenanted, generating a steady rental income of £1,900 per month, plus hydro and 50% of the gas bill. Similarly, the lower unit is also rented for £1,900 per month, plus hydro and 50% of the gas bill, providing a lucrative investment opportunity for those looking to expand their portfolio.

The exterior of the property features attractive vinyl siding, which not only enhances its aesthetic appeal but also contributes to its durability. Although there is no garage space available, the private triple driveway accommodates up to six vehicles, ensuring ample parking for residents and guests alike. The absence of a pool and fireplace means that maintenance is kept to a minimum, allowing for a more carefree lifestyle. Additionally, the property is unfurnished, providing new owners with the flexibility to style the interiors to their liking.

Comfort is paramount in this Multi-Family Home for sale in Barrie, with central air conditioning ensuring a pleasant atmosphere throughout the year. The heating system is powered by forced air, which is efficient and effective, making this home a cosy haven during the colder months. The property is connected to municipal water and sewer systems, further enhancing its convenience and appeal.

The finished basement apartment adds another layer of value to this already enticing property. This additional living space can serve as a rental unit, guest accommodation, or even a home office, depending on your needs. With no additional land included, the focus remains on the spacious lot and the potential it holds for future development.

141 Ardagh Road, Barrie, is not only a fantastic investment opportunity but also a home that offers a desirable lifestyle in a highly sought-after location. The proximity to all of Barrie's amenities ensures that residents have easy access to shopping, dining, and recreational activities, making it a perfect place to live or rent. The community of Ardagh is known for its friendly atmosphere and welcoming environment, making it an ideal choice for families and individuals alike.

In summary, this Multi-Family Home for sale in Barrie at 141 Ardagh Road, Barrie, is a unique offering that combines potential for growth with immediate rental income. With its spacious layout, convenient location, and the possibility for further development, this property is a must-see for anyone interested in the Barrie real estate market. Don’t miss out on the chance to own this exceptional duplex that promises both comfort and investment potential. Whether you are looking to expand your property portfolio or seeking a new home, 141 Ardagh Road, Barrie, is certainly worth considering.

Ardagh is a picturesque residential neighbourhood nestled within the city of Barrie, Ontario, known for its serene landscapes and family-friendly atmosphere. This charming area is characterised by its rolling hills, lush green spaces, and an abundance of parks, making it an ideal setting for outdoor enthusiasts and families alike. With convenient access to local amenities, including schools, shopping centres, and recreational facilities, Ardagh offers a balanced lifestyle that combines the tranquillity of suburban living with the vibrancy of urban conveniences. The community is well-connected to public transport and major roadways, ensuring easy commutes to nearby cities while maintaining a peaceful retreat for its residents.

Schools in the Neighbourhood

This property is conveniently located near several highly-rated educational institutions, making it an ideal choice for families. The closest school is Ferndale Woods Elementary School, just 0.7 km away, which offers a strong English curriculum for grades JK to 8 and boasts a commendable rating of 4.7. Additionally, another Ferndale Woods Elementary branch provides French instruction for grades 1 to 4. For older students, Innisdale Secondary School, located 1.8 km from the property, serves grades 9 to 12 and has an impressive rating of 5.7. Ardagh Bluffs Public School, situated 1.6 km away, offers a French curriculum for grades 5 to 8 and has an excellent rating of 7.8. Lastly, Bear Creek Secondary School, 3.5 km from the property, provides French education for grades 11 to 12 and has a solid rating of 5.4. With a variety of public schools offering both English and French language programs, this area is well-equipped to cater to diverse educational needs, ensuring a nurturing environment for children to thrive academically.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, yet vibrant community with a population of 346 residents as of 2021. The average household consists of 2.9 individuals, with a significant portion, 45%, comprising families with children. The community has a relatively mature demographic, with an average age of 42.7 years, and a well-educated populace, as evidenced by 60.56% holding a college or university degree. The average household income stands at an impressive $122,000, with only 5% of the population classified as low-income, indicating a stable economic environment. The real estate market reflects this affluence, with an average property price of $770,000. Socially, the area is diverse, with nearly 30% of residents being immigrants, and a notable 36.67% identifying as single. The rental market is limited, with only 16% of households renting, and there are no condominiums in the area. Furthermore, a significant portion of the population, 36.62%, is not currently in the labor force, suggesting a mix of retirees and individuals pursuing other interests or education. Overall, this community presents a blend of stability, diversity, and educational attainment, making it an attractive place to live.