215 Rose Street

Welcome to 215 Rose Street, Barrie, a remarkable Multi-Family Home for sale in Barrie that presents an exceptional opportunity for both investors and first-time buyers alike. This legal duplex is not only versatile but also strategically located in the Wellington community, offering easy access to a variety of amenities including schools, shopping centres, and parks. With quick access to Highway 400, this property is perfectly positioned for convenience and long-term value.

This charming bungalow, constructed from durable brick, sits on an expansive lot measuring 64 x 142 feet, providing ample outdoor space and the potential for future enhancements. The property boasts a detached garage with space for two vehicles, alongside a private driveway that accommodates up to five additional cars. This feature is particularly appealing for larger families or those who enjoy entertaining guests. The Multi-Family Home for sale in Barrie is designed to meet the needs of a variety of lifestyles.

Inside, 215 Rose Street, Barrie, offers a total of 12 rooms, including three generously sized bedrooms and a den that can serve multiple purposes, such as a home office or study. The main level is designed for comfort and functionality, featuring a full bathroom and a bright, inviting living room that is perfect for relaxation or social gatherings. The bonus room on this level adds further versatility, making it an ideal space for a children's playroom or a formal dining area.

One of the standout features of this property is its two kitchens, which provide an excellent setup for a multi-family living arrangement or for those looking to generate rental income. The newly renovated lower level shines with modern finishes, including luxury vinyl flooring, white shaker cabinetry, and elegant quartz countertops. The tiled backsplash and smooth ceilings enhance the contemporary feel of this space, while pot lights and large windows ensure that the area is filled with natural light. This lower level comprises a one-bedroom, one-bath unit, making it an attractive option for tenants or extended family members.

The shared laundry facilities are conveniently located on the lower level, and each unit benefits from its own private entrance, ensuring a level of independence and privacy for all occupants. The absence of a family room and central vacuum system may be noted, but the overall layout and features of this Multi-Family Home for sale in Barrie more than compensate for these omissions. With central air conditioning and forced air heating, comfort is guaranteed throughout the year.

This property is also equipped with municipal water and sewer services, further enhancing its appeal. The finished basement, complete with a separate entrance, adds significant value and potential for additional living space or rental income. The age of the property, between 51 and 99 years, lends it a sense of character and history, while the modern renovations ensure that it meets contemporary standards.

In summary, 215 Rose Street, Barrie, is a Multi-Family Home for sale in Barrie that offers an abundance of features and opportunities. Whether you are an investor seeking a cash flow positive asset or a first-time buyer looking to offset your mortgage, this property is an opportunity you won't want to miss. With its prime location, spacious layout, and potential for future enhancements, 215 Rose Street, Barrie, is a property that truly stands out in the market. Don't hesitate to explore this exceptional offering; it may just be the perfect fit for your needs.

Wellington is a charming and vibrant neighbourhood nestled within the city of Barrie, Ontario, offering a delightful blend of suburban tranquillity and urban convenience. This picturesque area features tree-lined streets, well-maintained parks, and a variety of local amenities, making it an ideal place for families and individuals alike. Residents can enjoy easy access to the stunning waterfront along Lake Simcoe, where recreational activities abound, from boating to leisurely strolls along the promenade. With a strong sense of community spirit, Wellington boasts a range of shops, cafes, and schools, ensuring that everything you need is just a stone's throw away. Whether you’re seeking a peaceful retreat or an active lifestyle, Wellington provides a welcoming environment to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to families with children of various ages. The closest school is Steele Street Public School, just 0.8 km away, offering elementary education (JK to 8) with a school rating of 3.2. Another nearby option is Oakley Park Public School, located 1.2 km from the property, which provides a French-language curriculum for grades 1 to 8 and boasts a higher rating of 4.8. For secondary education, Barrie North Collegiate Institute is only 1.1 km away, offering grades 9 to 12 in both English and French, with a solid rating of 7. Additionally, St. Marguerite D'Youville Catholic School, a Catholic institution, is situated 3.2 km from the property, serving grades JK to 8. This diverse range of schools provides parents with multiple options for their children's education, ensuring accessibility and quality learning environments. Whether you prefer public or Catholic education, the proximity of these schools enhances the appeal of this property for families seeking a nurturing community for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, yet vibrant community with a population of 483 residents as of 2021. The average household consists of 2.4 individuals, with a median age of 38.8 years, suggesting a relatively mature population. The average household income stands at an impressive $110,000, with only 5.2% of the population classified as low-income, indicating a stable economic environment. The housing market reflects this affluence, with an average property price of $610,000. Socially, the community is characterized by a significant proportion of singles (54.88%) and families, with 32% of households containing children. Additionally, 13.89% of residents are immigrants, contributing to the area's cultural diversity. The rental market is also notable, with 23.26% of residents renting their homes, while 13.95% live in condominiums. Educational attainment is high, with 56.67% of residents holding a college or university degree. However, a significant portion of the population, 37.78%, is not participating in the labor force, which may reflect various lifestyle choices or economic factors within the community. Overall, this area presents a blend of stability, diversity, and educational achievement.