39 Eugenia Street

Introducing an exceptional house for sale in Barrie , located at 39 Eugenia Street, Barrie, this splendid detached bungalow is nestled in the desirable Codrington community. This property presents an outstanding investment opportunity, particularly appealing to those seeking a versatile living arrangement or rental income potential. With its prime location and array of features, this house for sale in Barrie is sure to attract discerning buyers.

The property boasts a well-maintained exterior of brick, contributing to its charming curb appeal. Set on a generous lot measuring 60 by 155 feet, the house offers ample outdoor space, ideal for family gatherings or simply enjoying the fresh air. The layout of the house includes a total of seven rooms, with three spacious bedrooms and two well-appointed bathrooms, making it suitable for families or individuals alike. Additionally, there are two den areas that can serve various purposes, such as home offices, playrooms, or guest accommodations.

One of the standout features of this house for sale in Barrie is the fully finished basement, which includes a walk-out apartment. This unique aspect of the property provides an excellent opportunity for generating rental income, allowing the owner to reside in the main unit while renting out the basement suite. The in-law suite has been thoughtfully designed with modern finishes and appliances, ensuring it is move-in ready and attractive to potential tenants. This setup not only maximises financial flexibility but also capitalises on the strong rental demand in the area.

The main kitchen, located on the main floor, is well-equipped for culinary enthusiasts, while an additional kitchen in the basement adds convenience for both the owner and tenants. The property is unfurnished, allowing new owners to personalise the space to their taste. Central air conditioning ensures comfort throughout the year, while the forced air heating system provides efficient warmth during the colder months.

While the house does not feature a pool or fireplace, it compensates with its other amenities, including reliable internet access and municipal water and sewer services. The absence of a central vacuum system is notable, but this does not detract from the overall appeal of the home. Parking is ample, with space for up to four vehicles, and the detached garage provides additional storage or potential rental income opportunities, whether as a workshop or through conversion into an accessory dwelling unit (ADU).

The location of 39 Eugenia Street, Barrie, is another significant advantage of this house for sale in Barrie. Situated near local amenities and the picturesque lakefront, residents can enjoy the best of both worlds—convenience and leisure. The Codrington community is known for its friendly atmosphere and accessibility, making it an ideal place for families and professionals alike.

Investors will appreciate the property's low-maintenance features, including a steel roof and recent upgrades that reduce ongoing costs. This aspect not only boosts cash flow but also enhances the overall return on investment. With the potential for multiple income streams, including long-term leases for both the main residence and the basement suite, or even short-term rentals catering to tourists and professionals, this property is a lucrative addition to any investment portfolio.

In summary, this house for sale in Barrie at 39 Eugenia Street, Barrie, is a remarkable opportunity for both homeowners and investors. Its thoughtful design, prime location, and income-generating potential make it a standout choice in the current market. Whether you are looking to settle into a comfortable family home or seeking a strategic investment, this property is well worth considering. Don’t miss out on the chance to make this splendid house your own!

Codrington is a charming neighbourhood nestled within the vibrant city of Barrie, Ontario, offering a delightful blend of suburban tranquillity and urban convenience. Characterised by its tree-lined streets and well-maintained homes, Codrington provides a welcoming atmosphere for families and individuals alike. Residents enjoy easy access to local parks, schools, and essential amenities, all within a short distance. The community's proximity to Barrie's stunning waterfront and recreational opportunities further enhances its appeal, making it an ideal location for those seeking a balanced lifestyle in a picturesque setting. With its friendly vibe and strong sense of place, Codrington is a wonderful choice for anyone looking to settle in this beautiful part of Canada.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Codrington Public School, just 0.6 km away, offers a strong elementary education for grades JK to 8 and boasts a commendable school rating of 8.3. Oakley Park Public School, located 0.8 km from the property, provides a French-language curriculum for grades 1 to 8, although it has a lower rating of 4.8. For secondary education, Barrie North Collegiate Institute is only 1.0 km away, offering grades 9 to 12 with a solid rating of 7. Additionally, there is a French-language program available at the same institute for Grade 9. For families seeking a Catholic education, St. Marguerite D'Youville Catholic School is situated 3.6 km away, catering to grades JK to 8, although it currently does not have a rating. Overall, the proximity to these schools enhances the appeal of this property, providing various educational options for children in a supportive community environment.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 475 residents, with an average household size of 2.4 individuals. The community's average age is 42.1 years, reflecting a mature demographic. The average household income stands at an impressive $120,000, with only 7.6% of the population classified as low-income, indicating a relatively affluent community. The average property price in the area is approximately $920,000, suggesting a strong real estate market. A significant portion of the population, 37.8%, is single, while 37.93% of households have children, highlighting a mix of family-oriented and single residents. Immigrants make up 8.25% of the population, contributing to the area's diversity. Additionally, 33.33% of residents are renters, with no condominiums present in the area. Educational attainment is high, with 55.29% of the population holding a college or university degree. However, it is noteworthy that 31.76% of residents are not in the labor force, which may influence the local economy and community dynamics. Overall, this demographic profile indicates a well-educated, affluent community with a blend of families and single individuals.