67 Vancouver Street, Barrie

Price: $800,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: S13803100

Multiple Units, Multiple Possibilities! A fantastic opportunity featuring two registered units plus a fully finished basement apartment (non-legal), offering excellent flexibility and income potential. Situated on an exceptionally deep 206-ft lot, there may also be potential for a garden suite at the rear, subject to City approval.Ideal for investors looking to add to their portfolio-or for buyers wanting to live in one unit and offset their mortgage with rental income. A property with multiple income possibilities and plenty of potential!

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New Listing
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$800,000 - 67 Vancouver Street, Barrie

Detached for Sale in Barrie

New — Listed 3 days ago

Neighbourhood: Codrington

5Beds
3Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
S13803100
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Barrie
Listing Brokerage
ROYAL LEPAGE FIRST CONTACT REALTY
Description

Multiple Units, Multiple Possibilities! A fantastic opportunity featuring two registered units plus a fully finished basement apartment (non-legal), offering excellent flexibility and income potential. Situated on an exceptionally deep 206-ft lot, there may also be potential for a garden suite at the rear, subject to City approval.Ideal for investors looking to add to their portfolio-or for buyers wanting to live in one unit and offset their mortgage with rental income. A property with multiple income possibilities and plenty of potential!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,104.41/mo

Includes CMHC insurance ($22,320)

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5-yr fixed avg.

Principal: $720,000Interest: $489,004
Mortgage Amount$742,320
Total Interest$489,004
Est. Property Tax$567/mo
Total Cost$1,231,324

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

67 Vancouver Street, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,866

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

Competitive Pricing

At $533/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Barrie's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Barrie.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    67 Vancouver Street, Barrie | $800,000 | Battaglia Team