22A Bernick Drive

Introducing a remarkable opportunity to acquire a Multi-Family Home for sale in Barrie , located at 22A Bernick Drive, Barrie. This legal duplex is registered and fire safe, making it an ideal investment for those seeking a reliable income-generating property or a comfortable residence for family members. Situated in the thriving North End of Barrie, this bungalow-style multiplex boasts a prime location near essential amenities, including the Royal Victoria Hospital and Georgian College.

The property features a total of five rooms, including three bedrooms and three additional rooms, providing ample space for various living arrangements. The well-designed layout includes two bathrooms, ensuring convenience for both units. The main kitchen is situated in the basement, complemented by an additional kitchen, making it perfect for multi-family living or rental opportunities. With a finished basement apartment that features a walk-out, this Multi-Family Home for sale in Barrie offers flexibility for potential tenants or extended family.

The exterior of the property is constructed from durable brick, contributing to its aesthetic appeal and low maintenance requirements. Set on a lot measuring 30 x 110 feet, the home provides a manageable outdoor space without the burden of extensive upkeep. Although there is no pool or garage space, the property accommodates up to three parking spaces, ensuring that residents and guests have convenient access.

Inside, the home is unfurnished, allowing new owners to personalise the space to their taste. The family room is a welcoming area for relaxation and gatherings, while the absence of a central vacuum system and air conditioning may be seen as opportunities for future upgrades. The heating system is powered by forced air, providing warmth during the colder months. Additionally, the property is connected to municipal water and sewer services, further enhancing its appeal.

As a Multi-Family Home for sale in Barrie, this property has significant potential when both units are fully leased. Under normal circumstances, the rental income can reach approximately £2,300 for the upstairs unit and £2,150 for the downstairs unit. However, to fully capitalise on this investment opportunity, the current owners are seeking an end user who can accommodate a four-month closing date. This arrangement allows for a smooth transition and ensures that the new buyers can enjoy a hassle-free ownership experience, free from any immediate concerns.

The age of the property, ranging from 31 to 50 years, adds character and charm, while modern finishes throughout the home ensure a contemporary feel. The combination of reliable systems and a well-maintained structure makes this Multi-Family Home for sale in Barrie an attractive option for both investors and families looking for a spacious living environment.

In summary, 22A Bernick Drive, Barrie, presents a unique opportunity to acquire a legal duplex in a sought-after community. With its strategic location, flexible living arrangements, and potential for rental income, this property is perfect for anyone looking to invest in Barrie’s real estate market. Whether you are an end user, a spouse, a child, a parent, or a caregiver, this Multi-Family Home for sale in Barrie is worth viewing. Don't miss out on the chance to explore this exceptional property and consider the possibilities it holds for your future.

Grove East is a charming and vibrant neighbourhood nestled within the city of Barrie, Ontario, offering a delightful blend of suburban tranquillity and urban convenience. This area is characterised by its tree-lined streets, well-maintained parks, and a variety of housing options, making it an appealing choice for families and individuals alike. Residents enjoy easy access to local amenities, including shops, schools, and recreational facilities, while the nearby waterfront provides opportunities for leisure and outdoor activities. With a strong sense of community spirit and a welcoming atmosphere, Grove East is an ideal place for those seeking a balanced lifestyle in a picturesque setting.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.7 km, Steele Street Public School offers elementary education from Junior Kindergarten to Grade 8, with a school rating of 3.2. Eastview Secondary School, situated 0.8 km away, provides secondary education for grades 9 to 12 and boasts a commendable rating of 7. For families seeking French-language education, Oakley Park Public School is located 1.7 km away, serving grades 1 to 8 with a high rating of 4.8. Barrie North Collegiate Institute, also 1.7 km from the property, offers Grade 9 education in French and has a rating of 7. Additionally, St. Marguerite D'Youville Catholic School, located 3.7 km away, provides Catholic education for JK to Grade 8, although it currently has a rating of 0. Overall, the proximity to a variety of public and Catholic schools, along with their diverse language offerings and ratings, presents a strong educational environment for potential buyers considering this property.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 917 residents, with an average household size of three individuals. The demographic profile indicates a relatively young community, with an average age of 34.2 years. The average household income stands at $91,000, reflecting a stable economic environment, although 9.2% of the population is classified as low-income. The real estate market shows an average property price of $584,000, indicating a moderately priced housing market. A significant portion of the population is single, comprising 59.24%, while 42.11% of households include children, suggesting a family-friendly atmosphere. The area also has a diverse demographic, with 12.02% of residents being immigrants. Renters make up 41.67% of the population, and 15% of the housing stock consists of condominiums. Educational attainment is high, with 51.97% of residents holding a college or university degree, which may contribute to the area's economic prosperity. However, a notable 27.63% of the population is not in the labor force, indicating potential challenges in workforce participation. Overall, this community presents a blend of youthful energy, educational achievement, and family-oriented living.