43 Christie Crescent

Nestled in the desirable Letitia Heights area of Barrie, this charming property at 43 Christie Crescent, Barrie, presents an exceptional opportunity for both investors and those looking to reside in a lovely community while generating rental income. This legal duplex, classified as a Multi-Family Home for sale in Barrie , is a splendid choice for anyone keen on a property that offers both stability and potential.

The exterior of the house is a delightful combination of brick and vinyl siding, providing a classic yet modern aesthetic. The property is structured as a two-storey multiplex, ensuring ample living space across its two units. With a total of six rooms, including three bedrooms in the upper unit and a one-bedroom lower unit, this Multi-Family Home for sale in Barrie is perfect for accommodating families or individuals alike.

At 43 Christie Crescent, Barrie, the upper unit has been a reliable source of income, housing the same tenant for an impressive 14 years. This long-term stability is a testament to the quality of the home and its location, with the tenant currently paying a monthly rent of £1,570.94, inclusive of utilities. Meanwhile, the lower unit, which is currently vacant, features a separate side entrance and is ready for immediate occupancy. It boasts one bedroom and is estimated to fetch a market rent of approximately £1,300 per month, making this Multi-Family Home for sale in Barrie a lucrative investment opportunity.

The property is thoughtfully designed with one main kitchen and an additional kitchen in the lower unit, catering to the needs of both households. Although there is no central vacuum system, family room, or swimming pool, the home offers all the essential amenities for comfortable living. The heating is provided by a forced air system, ensuring warmth during the colder months, while municipal water and sewer services are available, adding to the convenience of living at 43 Christie Crescent, Barrie.

Parking is another significant advantage of this property, with space for up to three vehicles on the private driveway. This feature is particularly beneficial in a bustling area like Letitia Heights, where parking can often be a challenge. The lot measures a generous 31 by 120 feet, providing ample outdoor space for relaxation or potential landscaping projects.

Living at 43 Christie Crescent, Barrie, means being in close proximity to essential amenities. The area is well-served by schools, parks, shopping facilities, and public transit options, making it an ideal location for families and individuals alike. This accessibility adds to the appeal of this Multi-Family Home for sale in Barrie, ensuring that residents can enjoy a convenient lifestyle.

In terms of utilities, the total costs for 2024 were recorded at £5,645.04, providing a clear picture of the ongoing expenses associated with the property. This transparency is invaluable for potential buyers, particularly investors who are keen on understanding the financial aspects of their investment.

In summary, 43 Christie Crescent, Barrie, is not just a house; it is a promising investment opportunity that offers a blend of stability, income potential, and a vibrant community. Whether you are an investor looking for a reliable cash flow or an owner-occupier seeking assistance with mortgage payments, this Multi-Family Home for sale in Barrie is an excellent choice. Don’t miss out on the chance to own a piece of this thriving community!

Letitia Heights is a charming residential neighbourhood nestled in the vibrant city of Barrie, Ontario. Known for its picturesque landscapes and family-friendly atmosphere, this community offers a delightful mix of suburban tranquillity and urban convenience. Residents enjoy easy access to a variety of local amenities, including parks, schools, and shopping centres, all while being just a short drive from the stunning shores of Lake Simcoe. With well-maintained streets and a welcoming environment, Letitia Heights is an ideal location for those seeking a peaceful yet connected lifestyle in a thriving city.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest option is Portage View Public School, an elementary school just 0.8 km away, offering grades JK to 8 with a solid rating of 4.3. Hillcrest Public School, also an elementary institution, is located 1.8 km away and provides French language instruction for grades 1 to 4, boasting a rating of 5. Oakley Park Public School, another elementary school, is 2.6 km from the property and offers French language education for grades 1 to 8, with an impressive rating of 4.8. For secondary education, Barrie North Collegiate Institute is situated 2.6 km away, offering grades 9 to 12 in both English and French, with a commendable rating of 7. Additionally, St. Marguerite D'Youville Catholic School, a Catholic institution for grades JK to 8, is also within 1.8 km, although it currently has no rating. Overall, the area provides a diverse range of educational options, ensuring that families have access to quality schooling for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 593 residents, with an average household size of 2.7. The demographic profile indicates a relatively young community, with an average age of 37.4 years. The average household income stands at $89,000, reflecting a moderately affluent neighborhood, although 10.4% of the population is classified as low-income. The housing market shows an average property price of $500,000, and the community comprises a significant percentage of single individuals at 44.21%. Families are also prevalent, with 42.86% of households having children. The area is home to 12.17% immigrants, contributing to its cultural diversity. Renters make up 27.91% of the population, while there are no condominiums available in the vicinity. Education is a strong focus, with 42.71% of residents holding a college or university degree. However, it is noteworthy that 31.25% of the population is not in the labor force, indicating potential challenges in employment opportunities. Overall, this community presents a blend of families, young professionals, and a diverse population, making it an appealing location for prospective buyers or renters.