155 Penetang Street
Codrington, Barrie, L4M 1V9
FOR SALE
$615,000
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3 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS6 + 5
ROOMSS12764494
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Property Description
Welcome to this legal duplex in Barrie's desirable East End - a perfect opportunity for investors or multi-generational living! This solid bungalow features two fully self-contained units with separate entrances.The main level is vacant and move-in ready, offering 3 bedrooms, a 4-piece bath, convenient in-suite laundry, and a bright open layout. Recent updates include a full remodel in 2022, giving it a fresh, modern feel.The lower level is a fully finished 2-bedroom apartment with a separate entrance, updated kitchen and bathroom (2019), and a reliable tenant who wishes to stay, providing instant rental income.Other major updates include roof shingles (2015), yard regraded with a new deck (2023), and a new furnace (2024). The fully fenced backyard offers privacy and outdoor enjoyment.Located just steps from a bus stop, and minutes to Georgian College, Royal Victoria Hospital, downtown Barrie, and the waterfront, this property combines convenience, comfort, and strong investment potential.Don't miss this turnkey legal duplex - a fantastic addition to any portfolio or an ideal home with mortgage helper!
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Property Features
Fenced Yard, Hospital, Park, Public Transit, School, Place Of Worship, Accessory Apartment, Private, Private Double
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Property Details
Address
155 Penetang Street
Community
City
Postal Code
L4M 1V9
Property Type
Duplex, Duplex
Days On Market
14
Lot Size
52' x 128'
Taxes
$3,677 (2025
Basement
Apartment, Walk-Up, Separate Entrance, Full
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Century 21 B.J. Roth Realty Ltd.
*** Additional Listing Details - Click Brochure Link *** An exceptional opportunity for investors or owner-occupiers! This beautifully renovated duplex offers modern finishes, strong rental potential, and a prime location close to schools, transit, shopping, and parks. Two Separate Units: 3-Bedroom main unit. 1-Bedroom secondary unit. Fully Renovated Throughout - turnkey and move-in ready. All New Appliances in both units. On-Site Coin Laundry for added income. Garage + Double-Wide Driveway - ample parking for multiple vehicles. Large Backyard with a deck, perfect for outdoor living or tenant appeal. Great Location near transit routes, schools, and amenities. Ideal For: Investors seeking a strong, low-maintenance income property. Owner-Occupiers looking to live in one unit and rent the other to offset costs. Don't miss this chance to own a versatile, fully updated duplex in one of Barrie's most convenient neighbourhoods.
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Legal duplex located in the desirable Letitia Heights area of Barrie. This property is a solid opportunity for investors or buyers looking to live in one unit and rent the other.The upper unit features 3 bedrooms and has had the same tenant for 14 years showing strong long-term stability; month to month at $1,570.94 per month inclusive. The lower unit is vacant and offers 1 bedroom with a separate side entrance; approx market rent $1,300 per month or ready to move in to immediately.. The property includes parking for 3 vehicles, making it convenient for both units. Total utility costs for 2024 were $5,645.04. Located close to schools, parks, shopping, and transit, this duplex offers steady income today with future flexibility. A great choice for investors seeking reliable cash flow or owner-occupiers wanting help with the mortgage.
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INVESTMENT OPPORTUNITY! Located in the heart of downtown Barrie, this legal duplex is a prime opportunity for investors or those seeking a comfortable home with income potential. The upper unit features 2 bedrooms, a modern 3-piece bathroom, a kitchen with a breakfast bar and a cozy living room. The lower unit includes a kitchen, dining room, living room, 4-piece bathroom and 2 bedrooms, along with in-unit laundry and access to two decks. Each unit has its own hydro meter and there is ample parking. Conveniently situated within walking distance to shopping, restaurants, Queen's Park, Heritage Park and Centennial Beach as well as easy access to HWY 400. This duplex provides the ideal blend of location, convenience and income potential.
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