171 Codrington Street, Barrie

Price: $589,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: S13571206

BUNGALOW WITH IN-LAW POTENTIAL IN A DESIRABLE EAST-END LOCATION, WITHIN WALKING DISTANCE OF THE WATERFRONT & SET ON A 50 X 120 FT LOT WITH A DETACHED GARAGE! Bring the Pinterest board, the paint swatches and the big ideas because 171 Codrington Street is the home you'll still be thinking about after the showing ends. Located within the catchment area of highly regarded schools, this lovingly maintained home gives you the chance to buy the location you've been waiting for and make it completely your own. Newer windows, roof and furnace have already taken care of several big-ticket updates, leaving you free to focus on the fun part: choosing the finishes and details that reflect your own style. The main level features a spacious living room with crown moulding and a large front window, a separate dining room that was originally the third bedroom and could easily be converted back, plus a kitchen with a cozy breakfast nook for casual meals. Two bedrooms and a full bathroom complete the layout, with one bedroom offering a walkout to the backyard. A separate side door leads to the unfinished basement, opening the door to future in-law capability or additional living space. Mature trees and established gardens frame the beautifully private backyard, where the covered rear deck is ready for summer dinners, the generous lawn leaves room for kids, pets or a future garden, and the detached garage is ideal for tools, toys and weekend projects. Walk to the waterfront, parks, schools and scenic trails, with downtown Barrie's restaurants, shops and year-round events also close by. Whether you are buying your first home, downsizing or looking for a project worth pouring your heart into, this is your opportunity to create something truly yours.

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$589,000 - 171 Codrington Street, Barrie

Detached for Sale in Barrie

38 days on market

Neighbourhood: Codrington

2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
S13571206
Property Type
Detached
Status
active
Days on Site
38
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Barrie
Listing Brokerage
RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Description

BUNGALOW WITH IN-LAW POTENTIAL IN A DESIRABLE EAST-END LOCATION, WITHIN WALKING DISTANCE OF THE WATERFRONT & SET ON A 50 X 120 FT LOT WITH A DETACHED GARAGE! Bring the Pinterest board, the paint swatches and the big ideas because 171 Codrington Street is the home you'll still be thinking about after the showing ends. Located within the catchment area of highly regarded schools, this lovingly maintained home gives you the chance to buy the location you've been waiting for and make it completely your own. Newer windows, roof and furnace have already taken care of several big-ticket updates, leaving you free to focus on the fun part: choosing the finishes and details that reflect your own style. The main level features a spacious living room with crown moulding and a large front window, a separate dining room that was originally the third bedroom and could easily be converted back, plus a kitchen with a cozy breakfast nook for casual meals. Two bedrooms and a full bathroom complete the layout, with one bedroom offering a walkout to the backyard. A separate side door leads to the unfinished basement, opening the door to future in-law capability or additional living space. Mature trees and established gardens frame the beautifully private backyard, where the covered rear deck is ready for summer dinners, the generous lawn leaves room for kids, pets or a future garden, and the detached garage is ideal for tools, toys and weekend projects. Walk to the waterfront, parks, schools and scenic trails, with downtown Barrie's restaurants, shops and year-round events also close by. Whether you are buying your first home, downsizing or looking for a project worth pouring your heart into, this is your opportunity to create something truly yours.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,021.88/mo

Includes CMHC insurance ($16,433)

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5-yr fixed avg.

Principal: $530,100Interest: $360,029
Mortgage Amount$546,533
Total Interest$360,029
Est. Property Tax$417/mo
Total Cost$906,563

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Codrington

Discover Codrington

Codrington is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Codrington

  • Convenient location in Barrie
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Codrington offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

171 Codrington Street, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$417
Insurance (est.)-$123
Net Cash Flow+$1,860

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $841/sqft, this property is priced in line with current Barrie market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Barrie are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Codrington

I know Codrington well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Barrie properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    171 Codrington Street, Barrie | $589,000 | Battaglia Team