147 Berczy Street

Codrington Barrie L4M 3R5

Amazing opportunity for an investor, first time buyer or multi-gen living with this deceivingly large detached property on premium corner lot in the heart of Barrie with walking distance to the waterfront. Versatile RM2 Zoning (Residential Multiple Second Density) this property offers a rare combination of immediate positive cash flow and long-term intensification potential. Three self contained units with ensuite laundry ensure maximum tenancy independence. The main unit is a two-storey semi-detached style home with a traditional layout with 3-bedrooms on the upper level. Unit B is a sleek and modern 1-bedroom retreat ideal for professionals or single retirees. Unit C is a stylish lower-level 2-bedroom unit with private entrance. For a first-time homebuyer, this property's clever triplex configuration makes homeownership into an affordable reality, with income from two self-contained suites to offset your monthly carrying costs and build equity for your future. For the savvy investor, the upgraded 400-amp service for future sub-metering or ev-charging. The corner lot also offers amazing split parking with a 2 car parking pad fronting on Berczy and a 2 car gravel drive off on the Queen St side. Located directly across from a quiet park and within walking distance to Barrie's waterfront, downtown boutiques, schools, and public transit, this location is unbeatable for attracting tenants. Whether you choose to live in one and pay down your mortgage fast, or rent all three for a top-tier cap rate in one of Ontario's fastest-growing cities, this adaptable property offers tons of potential.