292 St Vincent Street

Introducing a remarkable opportunity to acquire a house for sale in Barrie , situated at 292 St Vincent Street, Barrie. This impressive detached bungalow, located in the desirable Wellington community, boasts an array of features that make it an ideal investment for those seeking both comfort and potential rental income. With a generous lot size of 49 X 110 feet, this property presents a unique chance to own a well-appointed home in a thriving area of Simcoe.

The house for sale in Barrie features four spacious bedrooms and three additional den spaces, providing ample room for families or those looking to create a home office or study area. With five bathrooms in total, including the thoughtfully designed in-law suite in the finished basement, this property is perfect for accommodating larger families or for generating rental income. The separate entrance to the basement suite enhances privacy and accessibility, making it an attractive option for tenants.

The layout of the house is both functional and inviting, with a total of twelve rooms that have been freshly painted and are ready for immediate occupancy. The two kitchens, one located on the main floor and the other in the basement, are equipped for convenience and efficiency, allowing for easy meal preparation and entertaining. The absence of a family room is compensated by the spaciousness of the other living areas, ensuring that there is plenty of room for relaxation and socialising.

Central air conditioning ensures comfort throughout the seasons, while the forced air heating system keeps the home warm during the colder months. The property is connected to municipal water and sewer services, providing peace of mind regarding essential utilities. Although there is no pool or fireplace, the features of this house for sale in Barrie more than compensate for these omissions, particularly with the focus on practicality and modern living.

The property also benefits from significant upgrades, including new windows, a new roof, and updated electrical and plumbing systems. With two separate hot water tanks and furnaces, each floor is equipped with dedicated climate control, ensuring optimal comfort for all occupants. The house for sale in Barrie is designed with low maintenance in mind, making it an excellent choice for both homeowners and investors alike.

Parking is a breeze with the attached two-car garage and private driveway, providing ample space for vehicles. The location of 292 St Vincent Street, Barrie, is particularly advantageous, being just a two-minute drive from Highway 400 and in close proximity to Georgian College. This high-demand area is perfect for attracting tenants, ensuring low vacancy rates and a steady income stream for potential landlords.

The finished basement, complete with a separate entrance, is a legal suite that is perfect for generating immediate rental income. This aspect of the house for sale in Barrie is a significant draw for investors, as it allows for the possibility of living in the main unit while renting out the basement. With four rough-in plumbing points for laundry, the property is well-equipped to handle the demands of modern living.

In summary, this house for sale in Barrie at 292 St Vincent Street, Barrie, offers an exceptional investment opportunity with its spacious layout, modern amenities, and prime location. Whether you are looking to establish a family home or seeking a property that can generate rental income, this bungalow is ready to meet your needs. Don't miss out on the chance to own this fantastic property in a sought-after community.

Wellington is a charming residential neighbourhood nestled within the vibrant city of Barrie, Ontario. This picturesque area boasts a blend of serene suburban living and convenient access to urban amenities. With its tree-lined streets, well-maintained parks, and a variety of housing options, Wellington offers a welcoming environment for families and individuals alike. Residents can enjoy proximity to local shops, schools, and recreational facilities, while the stunning waterfront of Lake Simcoe is just a short drive away, providing opportunities for outdoor activities and relaxation. Overall, Wellington presents an ideal setting for those seeking a peaceful yet connected lifestyle in Barrie.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. Within just 0.7 km, you'll find two schools: Oakley Park Public School and Barrie North Collegiate Institute. Oakley Park offers a strong elementary education with a commendable rating of 4.8, providing both English and French language instruction for grades JK to 8. Barrie North Collegiate Institute, also rated 7, serves secondary students from grades 9 to 12, ensuring a smooth transition for your children as they progress through their education. Additionally, St. Marguerite D'Youville Catholic School is located 2.9 km away, offering a Catholic education for grades JK to 8, although it currently has no rating. The proximity of these schools, combined with their reputable ratings, highlights the area's commitment to quality education, making it an ideal environment for nurturing young minds. Families will appreciate the accessibility to diverse educational options, ensuring that children can receive a well-rounded academic experience close to home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 570 residents, with an average household size of 2.5 individuals. The demographic profile reveals an average age of 38.4 years and a healthy average household income of $99,000. However, 18.8% of the population is classified as low-income. The real estate market shows an average property price of $700,000, indicating a relatively affluent community. The area has a significant percentage of single individuals at 52.04%, while households with children make up 41.94% of the population. Immigrants represent 15.53% of the community, contributing to its diversity. The rental market is prominent, with 57.5% of residents renting their homes, and there are no condominiums available in the area. Educational attainment is notable, with 37.21% of the population holding a college or university degree. Additionally, a considerable portion of the population, 41.86%, is not in the labor force, which may reflect various factors, including students, retirees, or those engaged in other pursuits. Overall, this demographic snapshot indicates a vibrant, diverse community with a mix of families, singles, and a strong rental market.