$699,900
Available - For Sale
Listing ID: S12483845
57 Penetang Street , Barrie, L4M 1V5, Simcoe
| Versatile RM2-zoned duplex offering both immediate income and long-term growth potential. Located at 57 Penetang, this property presents a rare opportunity for investors, multi-generational families, or those looking to live in one unit and rent the other.The large, deep yard invites you to explore the possibilities of adding a garden suite under Bill 23, offering another layer of future value and flexibility.The main unit features a spacious and bright two-bedroom layout filled with natural light. A main floor living room could easily serve as a third bedroom, and high ceilings blend the character of a century home with modern conveniences such as in-unit laundry. The result is a comfortable and attractive space for tenants or an owner-occupier.The second unit offers two well-sized bedrooms, a large living room, and an eat-in kitchen with charming finishes throughout. This unit also includes in-unit laundry and the added benefit of basement access, providing additional storage or hobby space that enhances overall appeal.Both units are fully self-contained, ensuring privacy and functionality for occupants. With RM2 zoning in place, there is strong potential for future redevelopment or intensification, whether that involves adding residential units, creating a garden suite, or pursuing other higher-density uses permitted under current zoning.This property's central location provides convenient access to amenities, schools, parks, and public transportation, making it desirable for tenants and supporting consistent rental demand.57 Penetang is a rare combination of immediate cash flow, future development potential, and a flexible layout that accommodates a range of living arrangements. Whether you are an investor seeking a solid addition to your portfolio or a buyer looking for a home with income to offset expenses, this property delivers exceptional value today and promising upside for the future. |
| Price | $699,900 |
| Taxes: | $5157.00 |
| Occupancy: | Partial |
| Address: | 57 Penetang Street , Barrie, L4M 1V5, Simcoe |
| Directions/Cross Streets: | Mulcaster and Penetang |
| Rooms: | 10 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Partial Base |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 17.02 | 13.55 | |
| Room 2 | Main | Living Ro | 16.99 | 14.53 | |
| Room 3 | Main | Bedroom | 10.82 | 9.91 | |
| Room 4 | Main | Bedroom 2 | 10.2 | 12.07 | |
| Room 5 | Main | Living Ro | 11.68 | 14.99 | |
| Room 6 | Second | Bedroom 4 | 10.17 | 8 | |
| Room 7 | Second | Bedroom 5 | 9.84 | 14.07 | |
| Room 8 | Second | Living Ro | 11.71 | 14.99 | |
| Room 9 | Second | Kitchen | 12.92 | 8.17 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 4 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | |
| Washroom Type 7 | 4 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | |
| Washroom Type 12 | 4 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 4 | |
| Washroom Type 17 | 4 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 4 | |
| Washroom Type 22 | 4 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Duplex |
| Style: | 2-Storey |
| Exterior: | Wood , Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Level, Library |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| CENTURY 21 B.J. ROTH REALTY LTD. |
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Simcoe |
| Municipality: | Barrie |
| Neighbourhood: | Codrington |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $5,157 |
| Beds: | 4 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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