94 Eccles Street N

Introducing a remarkable opportunity: a Multi-Family Home for sale in Barrie , located at 94 Eccles Street N, Barrie. This legal triplex is situated in the highly sought-after Queen's Park community, making it an ideal investment for those looking to capitalise on the vibrant rental market in this area of Simcoe. With a strategic location at the intersection of Eccles and Wellington, this property is perfectly positioned to attract tenants seeking convenience and accessibility.

This Multi-Family Home for sale in Barrie boasts a spacious 2-storey building style, constructed with a combination of aluminium siding and brick, ensuring both durability and aesthetic appeal. The property features a total of 13 rooms, including six well-appointed bedrooms and four bathrooms, making it suitable for a variety of living arrangements. The main house comprises two separate units, with the first unit offering three bedrooms and one and a half bathrooms, while the second unit features two bedrooms and one full bathroom. Additionally, there is a basement apartment that includes one bedroom and one bathroom, providing further accommodation options.

At 94 Eccles Street N, Barrie, potential landlords will appreciate the two vacant units that are ready to be rented at competitive current rates. This aspect of the Multi-Family Home for sale in Barrie presents an excellent opportunity for immediate income generation. The property is equipped with three kitchens, allowing for convenient meal preparation across the different units. Although there is no additional kitchen, the existing facilities are more than adequate for the needs of the tenants.

Parking is another highlight of this property, with ample space available for tenants. The circular driveway accommodates up to six vehicles, and there is a detached garage that can either be rented out or kept for the owner's use. The large garage, combined with the extensive parking options, ensures that tenants will have no trouble finding space for their vehicles.

While the property does not feature a swimming pool or a central vacuum system, it does come with a fireplace, adding a cosy touch to the living spaces. The family room is an inviting area where residents can gather and relax, enhancing the overall appeal of this Multi-Family Home for sale in Barrie. Additionally, the property benefits from municipal water and sewer services, ensuring reliable utilities for all occupants.

The heating system is classified as 'Other', providing flexibility for potential upgrades to suit the preferences of future tenants. Furthermore, the property is equipped with internet access, which is increasingly essential for modern living. Most of the windows have been replaced with new ones in 2021, contributing to the energy efficiency and overall comfort of the home. The garage door was also updated in 2021, adding to the property's modern appeal.

The lot measures an impressive 83 by 131 feet, providing ample outdoor space for activities or potential landscaping enhancements. Although there is no additional land included with the property, the existing space is sufficient for various uses. This Multi-Family Home for sale in Barrie presents a unique opportunity for investors or families looking for a versatile living arrangement in a prime location.

In summary, 94 Eccles Street N, Barrie, is a well-located legal triplex offering a wealth of features and potential. With its spacious layout, multiple units ready for rental, and desirable community setting, this Multi-Family Home for sale in Barrie is not to be missed. Whether you are looking to invest in rental properties or seeking a multi-generational living solution, this property stands out as a fantastic option in the Barrie real estate market. Don't hesitate to explore this opportunity further and consider making this exceptional property your own.

Queen's Park is a charming residential neighbourhood located in the city of Barrie, Ontario, known for its picturesque tree-lined streets and a welcoming atmosphere. This community boasts a mix of well-established homes and modern developments, providing a variety of housing options for potential residents. Its proximity to Barrie's vibrant downtown area ensures easy access to shops, restaurants, and recreational facilities, while the nearby waterfront offers stunning views and outdoor activities. With its family-friendly parks, excellent schools, and a strong sense of community spirit, Queen's Park is an ideal place for those seeking a tranquil 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. Just 0.5 km away, Hillcrest Public School offers both English and French language instruction for grades JK to 8, with a solid school rating of 5. For secondary education, Barrie North Collegiate Institute is only 1.5 km away, providing a strong academic environment for grades 9 to 12, rated 7, and also offering French language options. Additionally, Oakley Park Public School, located 1.5 km from the property, serves grades 1 to 8 in French, boasting a commendable rating of 4.8. There is also another Hillcrest Public School nearby that caters to grades 1 to 4 in French, rated 5. For those seeking a Catholic education, St. Marguerite D'Youville Catholic School is located 2.9 km away, offering English instruction for grades JK to 8. With a range of schooling options, including both public and Catholic institutions, families will find a supportive and diverse educational landscape in close proximity to this property.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 781 residents, with an average household size of 1.9 individuals. The community has a median age of 51.7 years, indicating a mature demographic. The average household income stands at $62,800, with 17.2% of the population classified as low-income. A significant portion of the population, 67.36%, is single, while only 18.75% of households have children, suggesting a preference for smaller family units. The housing market reflects an average property price of $490,000, with 69.12% of residents renting their homes, highlighting a strong rental market. Condominiums make up 26.47% of the housing stock, catering to diverse living preferences. Additionally, 41.32% of residents hold a college or university degree, indicating a relatively educated population. However, a notable 42.98% of the community is not in the labor force, which may impact local economic dynamics. The area also hosts a diverse population, with 13.85% of residents being immigrants, contributing to its cultural richness. Overall, this community presents a blend of mature residents, a strong rental market, and a significant proportion of educated individuals.