Bungalow with In-Law Potential Near Barrie Waterfront

Property details for 171 Codrington Street, Barrie

Type: Residential
Style: Bungalow
Bedrooms: 2
Bathrooms: 1
Lot Size: 50 x 120 FT
Stories: 1
Basement: Unfinished, Full
Parking: Detached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Steel, Vinyl siding
Ownership: Freehold
Annual Taxes: $4,681

Here's a 2-bed, 1-bath bungalow on a 50x120 ft lot in Barrie's east end, a short 15-minute walk from the waterfront. It's a solid, well-kept house needing cosmetic updates, with newer windows, roof, and furnace already taken care of. The main level includes a living room with crown moulding and a big front window, a separate dining room (originally the 3rd bedroom, easy to convert back), and a kitchen with breakfast nook. One bedroom has a walkout to the backyard. Full unfinished basement with side door offers in-law potential. Outside you'll find mature trees, established gardens, a covered deck off the back, and a detached garage with space for 7 cars total. Several restaurants such as Chaopaya Thai and Shirley's Bayside Grille are within walking distance, along with the MacLaren Art Centre and Barrie Public Library. Barrie North Collegiate is close by. Priced at $549,000, it's above the area median but reflects the larger lot and proximity to amenities. Taxes run about $4,681 annually. This one's for someone who wants to put their own stamp on a well-built home in a great location.

About 171 Codrington Street, Barrie — Property Score

Great Location Feature Rich Hot Market

Score: 70/100

Value

Priced 18.1% below area median of $669,999 based on 107 comparable properties nearby 97

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

1 bathroom - 1 fewer than similarly priced properties nearby 48

6,000 sqft lot - a generous lot for the area 78

Location

$79K median household income - near the Canadian average of $70K 70

85% of residents hold postsecondary credentials - a highly educated neighbourhood 92

83% homeownership rate - indicating a stable, owner-occupied community 88

63% of residents commute under 30 minutes - excellent commuter accessibility 81

2,032/km² population density - a well-balanced suburban area 90

Market

Just listed - area average is 94 days on market 100

+7.3% median price change over 1 month - rising prices in the area 87

36.8 months of housing supply - 478 active listings with 13 sold last month (buyer's market) 40

Features

7-car garage - more than the area average of 5.1 spots 95

Unfinished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.85% effective tax rate ($4,681/yr) - below the Canadian average of ~1% 75

20% renter population - primarily owner-occupied area 53

Quality

Condition

Listing

18 photos provided - below the area average of 34 photos 85

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.