192 Edgehill Drive

Welcome to your future investment opportunity: a stunning Multi-Family Home for sale in Barrie , located at 192 Edgehill Drive, Barrie. This completely renovated legal duplex is nestled in the heart of Central Barrie, offering a prime location that is both convenient and desirable. With a vacant property ready for you to choose your own tenants at market rental rates, this is an excellent chance to secure a solid income stream, calculated at an impressive 6.64% cap rate.

As you approach this charming bungalow-raised multiplex, you’ll immediately notice its appealing exterior, featuring a combination of brick and aluminium siding. The property sits on a generous lot measuring 55 X 196 feet, providing ample outdoor space for tenants to enjoy. Although there’s no pool, the large backyard is perfect for gatherings or simply relaxing in the fresh air. The property also boasts a private triple driveway with parking space for three vehicles, making it easy for tenants and their guests to come and go.

Stepping inside this Multi-Family Home for sale in Barrie, you’ll find a total of seven rooms, including three bedrooms and two dens, which can be utilised as additional living spaces or home offices. The upper level is particularly inviting, featuring three well-sized bedrooms, including a primary suite complete with an ensuite bathroom and a walk-in closet. The two full bathrooms on this level ensure that there’s no need to queue in the mornings. The open-concept living room and kitchen area create a warm and welcoming atmosphere, perfect for entertaining or relaxing after a long day. With in-suite laundry facilities, convenience is at your fingertips.

The kitchen on the upper level is designed for functionality, with a lovely layout that allows for easy movement while cooking. You’ll also have access to the private, large backyard from this level, where you’ll find a shed and a gazebo, ideal for enjoying those sunny Barrie days.

The lower level of this Multi-Family Home for sale in Barrie is equally impressive. It features a beautiful open-concept kitchen and family room, complete with a large centre island and an eat-up bar, making it a fantastic space for socialising. There are two additional large bedrooms and a full bathroom, ensuring that this level is just as comfortable and inviting as the upper one. The separate entrance to the basement apartment adds to the versatility of this property, making it perfect for multi-generational living or as an income-generating unit.

This property has been extremely well maintained, with a host of upgrades that include a newer roof, furnace, and updates to the electrical and plumbing systems. The insulation is rated at R 40/60, ensuring energy efficiency throughout the seasons. The new siding at the rear of the house and the carpet-free flooring add to the modern appeal of this home.

Situated in the 400 North community of Barrie, you’ll find that public transit is just steps away, making commuting a breeze. The property is conveniently located just three minutes from Highway 400, and you’ll find schools and amenities close by, making it an ideal location for families and professionals alike.

In summary, this Multi-Family Home for sale in Barrie at 192 Edgehill Drive, Barrie, is a fantastic investment opportunity. With its thoughtful renovations, prime location, and excellent rental potential, it’s a property that shouldn’t be missed. Whether you’re looking to expand your portfolio or find a new home for yourself, this duplex is ready to go and waiting for you to make it your own. Don’t hesitate—this gem won’t last long on the market!

400 North is a vibrant and inviting community located in the northern part of Barrie, Ontario, characterised by its picturesque landscapes and convenient access to essential amenities. Nestled near the scenic shores of Lake Simcoe, this area boasts a blend of residential neighbourhoods, parks, and recreational facilities, making it ideal for families and outdoor enthusiasts alike. The community is well-connected by major roadways, ensuring easy travel to Barrie's bustling downtown and beyond. With a variety of shopping centres, schools, and green spaces, 400 North offers a harmonious balance of urban convenience and natural beauty, making it an appealing choice for prospective residents seeking a welcoming place to call home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Portage View Public School, just 0.9 km away, offers elementary education from JK to Grade 8 with a solid rating of 4.3. Hillcrest Public School, located 1.8 km from the property, provides a French language curriculum for grades 1 to 4 and has a rating of 5. Oakley Park Public School, also offering French instruction for grades 1 to 8, is 2.8 km away and boasts an impressive rating of 4.8. For secondary education, Barrie North Collegiate Institute is a short 2.9 km distance, rated 7, and offers both English and French language programs for grades 9 to 12. Additionally, St. Marguerite D'Youville Catholic School, 3.3 km away, caters to JK to Grade 8 students within the Catholic education system. Overall, the proximity to these schools ensures that educational opportunities are readily accessible, catering to diverse language preferences and educational needs, which is a significant advantage for potential buyers with children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 497 residents and an average household size of 2.6 individuals. The average age of residents is 39.1 years, indicating a mature population. Households in the area enjoy a relatively comfortable average income of $78,500, although 10.4% of the population is classified as low-income. The housing market reflects an average property price of $640,000, with a significant majority of residents (65.85%) renting their homes. Notably, 53.01% of the population is single, and 39.29% of households include children, highlighting a mix of family structures. The area is home to a modest immigrant population of 6.6%, and educational attainment is relatively high, with 33.71% of residents holding a college or university degree. However, a notable portion of the population, 28.09%, is not actively participating in the labor force. The absence of condominiums suggests a predominantly single-family home environment, catering to the needs of both families and individuals seeking rental options. Overall, this community offers a blend of demographics that may appeal to potential buyers and renters alike.