Who’s looking for a profitable Barrie Cheap Houses for Sale property?
Here is your chance to secure a large 2,256 sq ft 2-storey detached home on a 39 foot by 128 foot lot in Barrie (Holly) near Essa Rd and Coughlin Rd. This family neighbourhood is known for its parks, schools, community centres, shopping, and quick access to Hwy 400 for stress-free commuting.Built in 1998 with strong bones, high ceilings, and all major systems in solid working order, this property gives you the scale, layout, and opportunity investors want.
With four bedrooms upstairs, 2.5 baths and an unfinished but framed basement with some drywall already in place, this is an easy cosmetic flip where your renovation dollars go straight toward creating value. At only $594,900 OBO, a top notch cosmetic renovation can push ARV toward ~$900K, while a lighter cosmetic cleanup still supports $800K+. Vacant on close and priced to move, this is the kind of opportunity flippers wait for, especially when you compare it to complete guts in the area that need far more work for selling above this price point!
How can you profit?
- Fix and Flip – Complete a full cosmetic renovation, refresh flooring, paint, baths, fixtures, and the kitchen as needed. The home already has great bones, a strong layout, and high ceilings. With a top notch cosmetic renovation, ARV can be pushed toward ~$900K, leaving room for renos, closing, and holding costs while still targeting meaningful NET profit compared to full gut projects nearby.
- Easy Wholetail – Remove junk, clean the interior, neutralize odours, touch up cosmetics, and relist closer to the high $700s or even low $800s.
- BRRRR or Rental Hold – Great location for long-term appreciation, close to Hwy 400, amenities, schools, and parks. The basement’s framed walls, and some existing drywall make this an easy finish for added living space or future rental potential. Strong family rental demand in this pocket.
SUMMARY:
- LOCATION: Barrie, ON (Essa Rd & Coughlin Rd)
- PURCHASE PRICE: $594,900 Or Best Offer
- AFTER REPAIR VALUE: ~$900,000
- CLOSING: January 15, 2025 (This is an assignment sale.)
- TYPE: 2 Storey Detached
- BEDS/BATHS: 4 beds/2.5 baths
- PARKING: 1.5 car garage, 2 car driveway
- BASEMENT: Unfinished (framed with some drywall started and ready for finishing)
- SQFT: 2,256
- LOT: 39’ x 128’
- AGE: 1998
- PROPERTY TAX: $5,319 (2024)
- POSSESSION: VACANT
RENOVATIONS NEEDED:
- Full cosmetic renovation recommended
- Pet odours and some smoke smell present
- Some junk and furniture removal
- Please view the pictures and videos for ideas on what you’d like to renovate
GOOD NEWS:
- Huge ~$300K spread at this price point with a full cosmetic renovation.
- Roof, driveway, deck and furnace 5 years old
- HWT 8 years old, AC 10 years old
- Above 2200+ sq ft of space above grade- rare!
- Basement already framed and some drywall in place, ready for finishing
- Close to Hwy 400, schools, parks, community centres, and retail
- Vacant on close and priced for quick action
LISTING ID: 1125-BAR-F02
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang, Josea Dussard & Sarah Budden
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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PPS. Email us today for your info package. Who wants to make money on this one?