Who’s looking for a discounted family home in one of Barrie’s top neighbourhoods?
NOTE FOR INVESTORS: This is NOT A FLIP. The numbers are tight on this one, so margin-focused flippers may want to pass and let end-users looking for a good deal take the lead.
Here’s your chance to secure a solid, well-maintained detached bungalow in Barrie’s sought-after East Bayfield neighbourhood for only $620,000 Or Best Offer. With an ARV around $780,000, this property offers roughly $160K in upside and the kind of light, cosmetic-only renovation both investors and end users love.
East Bayfield is one of Barrie’s most family-friendly communities, known for its quiet streets, parks, top-rated schools, and proximity to everything—East Bayfield Community Centre, Georgian Mall, Cundles Road retail hub, and quick Highway 400 access. It’s a strong, established area that end-users and investors alike target for long-term value.
Located near Nicole Marie Ave & Michael Crescent, this 2003-built bungalow sits on a 49’ x 113’ lot and features 3 bedrooms, 2 full baths, a double garage + large driveway, and a high-ceiling basement ready to finish for added living space or storage. The home has great bones and layout, it’s simply dated, making this an easy equity play for anyone looking to profit or personalize.
How can you benefit?
- Realtors – Bring Your Buyers: Your 3%+ co-op is already included in the Realtor-facing price of $640,000, still well below the ~$780K ARV. Offer your clients a rare deal that combines affordability and value with a strong commission for you!
- Move In with Equity: End users can enjoy a well-kept detached home far below replacement cost, updating over time while building equity.
- Finish the Basement for Value: Great ceiling height and full footprint allow you to nearly double your usable space.
SUMMARY:
- LOCATION: Barrie, ON (East Bayfield – Nicole Marie Ave & Michael Crescent)
- INVESTOR/WHOLESALE PRICE: $620,000 Or Best Offer
- REALTOR PRICE (incl. 3%+ co-op): $640,000
- AFTER REPAIR VALUE (ARV): ~$780,000
- CLOSING: March 4, 2026 (This is an assignment sale.)
- TYPE: Detached Bungalow
- BEDS/BATHS: 3 beds / 2 baths
- PARKING: 2-car garage, plus 4–5 driveway spaces
- BASEMENT: Full height, unfinished (great potential to finish)
- SQFT: 1,538
- LOT: 49’ x 113’
- AGE: 2003
- PROPERTY TAX: $5,116 (2024)
- POSSESSION: Vacant
- NOTE: Flexible closing to align with the seller’s next purchase (buyer must accommodate).
RENOVATIONS NEEDED:
This is a cosmetic project and livable as-is, everything is functional and clean but dated. The roof was replaced 3 years ago. The furnace and A/C are in working condition but age unknown, so factor potential upgrades into your future. The windows are original but well maintained and functional.
- Replace bathroom flooring
- Some junk and furniture removal.
- Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
- Strong $160K+ spread at entry price
- Easy cosmetic reno or move-in as is
- Roof replaced ~3 years ago
- Great bones, layout, and resale potential
- Large, high-ceiling basement for future value and space
- Quiet East Bayfield pocket near parks, schools, Georgian Mall, and Hwy 400
LISTING ID: 1125-BAR-F01
Please reply to this email to request an info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Dussard, Sarah Budden, Aaron Moore & Tomomi Wang
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. Email us today for your info package. Who wants to make money on this one?