Century Home on Huge Treed Lot in Barrie

Property details for 40 Marcus Street, Barrie

Type: Residential
Bedrooms: 3
Bathrooms: 1
Lot Size: 66 x 165 FT
Stories: 2
Basement: Unfinished, N/A
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: None
Exterior: Aluminum siding
Ownership: Freehold
Annual Taxes: $4,505 (2025)

If you're looking for a project with serious upside, 40 Marcus Street is worth a look. It's a 2-storey century home sitting on a massive 66 x 165 ft lot in a quiet, established Barrie neighbourhood. The house itself is 3 beds, 1 bath, with about 1,600 sq ft of living space. It's been in the same family since 1969, so it's got that lived-in feel, but there's real potential here. You'll find a wood staircase, aluminum siding, and a stone and concrete foundation. The roof and furnace are newer, which takes some pressure off your renovation budget. Inside, the main floor has a kitchen, living room, family room, laundry, and mud room. Upstairs, there are three bedrooms and a bathroom. It's not fancy, but it's solid. The real story is the lot. It's fenced, treed, and flat, giving you tons of outdoor space. The area is seeing older homes being renovated and expanded, so there's potential to do the same. It's also zoned RM1, which might allow for other uses, but you'd need to check with the city. The location is convenient, with Unity Christian High School just 0.7 km away and a Tim Hortons 1.6 km down the road. Priced at $579,900, it's a bit above the median sold price in the area, but the lot size is rare. If you're handy and looking for a long-term investment, this could be a smart buy.

About 40 Marcus Street, Barrie — Property Score

Strong Investment Well Priced

Score: 66/100

Value

Priced 22.7% below area median of $749,900 based on 257 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

1 bathroom - 1 fewer than similarly priced properties nearby 48

10,890 sqft lot - an oversized lot for the area 90

Location

$49K median household income - below the Canadian average of $70K 54

68% of residents hold postsecondary credentials - a highly educated neighbourhood 78

48% homeownership rate - a renter-majority neighbourhood 64

65% of residents commute under 30 minutes - excellent commuter accessibility 82

1,429/km² population density - a well-balanced suburban area 84

Market

Just listed - area average is 38 days on market 100

-99.5% median price change over 1 month - declining prices in the area 1

33.7 months of housing supply - 506 active listings with 15 sold last month (buyer's market) 40

Features

2-car garage - area average is 5.2 spots 80

Unfinished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

None 30

No premium extras like pool, waterfront, or view 50

Investment

0.78% effective tax rate ($4,505/yr) - below the Canadian average of ~1% 77

56% renter population - strong rental demand in this area 97

Quality

Condition

Listing

28 photos provided - below the area average of 35 photos 92

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.