201 Steel Street
Codrington, Barrie, L4M 2G8
FOR SALE
$729,999
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3 + 2
BEDROOMS 2
BATHROOMS 1 + 1
KITCHENS 6 + 6
ROOMS S13639300
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Property Description
Attention investors! This registered two-unit raised bungalow offers immediate income opportunity with both units currently tenanted. This property offers $3700 of monthly cash flow. The main level features three bedrooms, a bright living and dining area, a kitchen, and a four-piece bathroom. The lower unit offers a separate entrance, kitchen, living area, bathroom, and two additional bedrooms. With approximately 1900 square ft of living space, this property is a great investment opportunity. Situated in one of Barrie's most sought-after neighbourhoods, this 60 x 100 ft lot features a spacious four-car driveway. Several recent improvements include; a new roof, upgraded attic insulation, tiled front steps with a new railing installed, landscaping and updated basement flooring. Conveniently located near the waterfront, hospital, schools, Georgian College, shopping, transit and highway.
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Property Features
None
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Property Details
Address
201 Steel Street
Community
City
Postal Code
L4M 2G8
Property Type
Detached, Detached
Lot Size
60' x 100'
Taxes
$5,200 (2026
Basement
Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Right At Home Realty
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INVESTMENT & MULTI-GENERATIONAL OPPORTUNITY! Welcome to this beautifully maintained 3+3 bedroom, 2-bathroom home offering exceptional flexibility for first-time buyers, families, or investors. Featuring pot lights throughout, a functional layout, interlocking driveway with parking for at least 6 cars, and a convenient separate side entrance to the lower level. The basement offers excellent potential for a second living space, with legal basement building permits already approved, providing a strong pathway toward a legal duplex setup. Ideally located close to major schools, Georgian College, shopping, transit, and Highway 400. A fantastic opportunity to live in, generate rental income, or create a legal two-unit investment. With the right setup and market rents, this property has the potential to generate $1,500+ in positive monthly cash flow. Don't miss this opportunity!
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