$674,900 $3,623 est/mo Sourced by Back At You

65 Sophia Street E,Barrie, ON L4M 1Y7

Barrie ON, L4M 1Y7

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Description

Nestled in a peaceful downtown enclave, this property presents an enticing investment opportunity or serves as an ideal starter home, complete with a legal second suite. The upper floor of this residence sits vacant, offering you the flexibility to either move in and leverage "house hacking," where the lower level income assists with costs, or opt for selecting your own tenant and setting rents, transforming it into a pure investment property. For astute investors, the property boasts RM2 zoning, opening doors for redevelopment prospects. The upper level spans two floors, featuring a main floor with a living room, kitchen, 4 bedrooms, and one and a half baths. The lower unit, fully legalized in 2018, enjoys ample natural light, comprising 2 bedrooms, a 3-piece bathroom, and an open-plan living room/kitchen area. Perched atop a gentle hill, the home offers stunning south-facing views overlooking the city of Barrie and the lake. This property offers versatility and potential, making it an attractive opportunity for both investors and homeowners alike.

Details

MLS#40552762
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive Under Contract
Year1979
Days On Site69
Listing Provided ByKeller Williams Experience Realty Brokerage | Ian Hocking

Features

Bed(s)6
Bath(s)3
SQ Feet1,197
BasementY
Story(s)1
Units2
ZoningRM2
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 4 minutes ago
ProvinceON
CountySimcoe County
CityBarrie
Postal CodeL4M 1Y7
AreaBarrie
SubareaBA03 City Centre
Community NameBA03 City Centre
School DistrictInnisdale Secondary School | Bea
Elementary SchoolMapleview Heights Es | Holly Mea
Listing VS Median (in BA03 City Centre)
Price:
$674,900
low | high
Med:
$637,400
55.556378722774% of Average
SqFt:
1,197
low | high
Med:
990
67.293233082707% of Average
$ / SqFt:
$564
low | high
Med:
$665
32.057452530217% of Average
On Site:
69
low | high
Med:
59.500000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 9:06:46 PM PDT