$785,000Asking Price
39 Eugenia Street, Barrie, ON L4M 1P7
Codrington, Barrie
This property is a prime investment opportunity, featuring a fully renovated in-law suite with a separate entrance, perfect for generating immediate rental income. You can live in the top unit and rent out the basement as a mortgage helper, maximizing your financial flexibility. The move-in-ready suite boasts modern finishes and appliances, attracting high-quality tenants and ensuring low vacancy rates with strong rental demand. Situated in a desirable neighborhood near amenities and the lakefront, both the main residence and the in-law suite command premium rental rates. Investors can tap into multiple income streams, including long-term leases for the main home and suite or short-term rentals to leverage the areas appeal to tourists and professionals. The propertys low-maintenance features, such as the steel roof and recent upgrades, reduce ongoing costs, boosting cash flow and return on investment. Additionally, the detached garage offers further income potential, whether leased as a workshop or converted into an ADU. With its turnkey condition and versatile layout, this property is a lucrative addition to any investment portfolio
This property is a prime investment opportunity, featuring a fully renovated in-law suite with a separate entrance, perfect for generating immediate rental income. You can live in the top unit and rent out the basement as a mortgage helper, maximizing your financial flexibility. The move-in-ready suite boasts modern finishes and appliances, attracting high-quality tenants and ensuring low vacancy rates with strong rental demand. Situated in a desirable neighborhood near amenities and the lakefront, both the main residence and the in-law suite command premium rental rates. Investors can tap into multiple income streams, including long-term leases for the main home and suite or short-term rentals to leverage the areas appeal to tourists and professionals. The propertys low-maintenance features, such as the steel roof and recent upgrades, reduce ongoing costs, boosting cash flow and return on investment. Additionally, the detached garage offers further income potential, whether leased as a workshop or converted into an ADU. With its turnkey condition and versatile layout, this property is a lucrative addition to any investment portfolio
See MoreKey Info
- Bungalow Detached
- 4-Car Driveway
- 2-Car Detached Garage
- Albert & Eugenia
- 700-1100 Approximate Sq Feet
- Basement Apartment
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 60 x 155 Feet
- Brick Exterior
- Taxes were $5,116 in 2025
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #S12451258
- RE/MAX HALLMARK CHAY REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 13.48' x 8.23' | |
 | 2 4-Piece Bathrooms | |||
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Who lives here?
Codrington, Barrie is a north GTA neighbourhood notable for its singles, renters, university grads and business and education, law & public sector professionals. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 74.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Singles
52%
of residents are
single and loving it.
52% singles
Barrie (46%)Renters
42%
of residents
are renters.
42% renters
Barrie (30%)Education
28%
of residents are
university grads.
28% university grads
Barrie (23%)Income
Average Household Income
$103K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 13% |
| Government | 11% |
| Business | 10% |
| Trades | 9% |
| Management | 6% |
Immigrants
7%
of residents were
born outside of Canada.
7% immigrants
Barrie (13%)Birthplace - All
1.8% from UK
All-time
Birthplace - Recent
0.2% from China
Recent
Foreign Languages
Foreign Languages
| French | 2% |
| Spanish | 1% |
| Italian | 1% |
| German | 1% |
Religions
Religions
| Christian | 60% |
| Muslim | 1% |
| Jewish | 1% |
