Burton Ave, Barrie
Offer Date: FIRST COME FIRST SERVED
Closing Date: January 7th, 2026 – QUICK CLOSING!
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- Complete Renovations: Finish the outstanding work in both units, including completing Unit 2’s kitchen and bathroom, repairing Unit 1’s bathroom and ceiling issues, and handling remaining cosmetic updates. Bringing the property to a turnkey condition will elevate both rental and resale value.
- Sell or Hold: After the renovations are complete, consider listing on the MLS to capture the improved market value or keeping the duplex as a long-term rental. With two self-contained units, solid mechanical systems, and a large lot, the property has strong income potential and can perform well either as an investment or a retail resale.
Property Overview
Details
- Detached Duplex
- UNIT 1:
- Beds: 3
- Baths: 1.5
- full bathroom upstairs and half bath on main floor
- Water leak from the upper tub previously caused ceiling issues in the powder room; bathroom requires repair
- Full basement with approximately 6.5–7 ft clearance
- 1,279 sqft above ground
- UNIT 2:
- Beds: 2
- Baths: 1
- Kitchen mid-renovation; cabinets are installed but requires completion
- Upper bathroom requires finishing
- Full basement with approximately 6.5–7 ft clearance (more suitable for storage)
- 937 sqft above ground
- 1 detached garage
- 2 driveways
- Built in 1900 with an addition made in 1987
Mechanical & Systems
Roof & Exterior
- Roof: Seller unsure of age. 10+ years old, but in good shape
- Windows: some have been replaced in past 5 years but most in unit 2 are dated. All windows appear to be vinyl
- Eaves/Fascia/Downspouts: All in good shape
Lot & Location
- 66ft x 165ft lot
- Property taxes are approx. $5,463
- RM1 Zoning
Important Notes
- Water is currently off but heat is on to prevent pipes from freezing
- Seller has the option to leave junk behind—budget recommended for junk removal
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip or Rental opportunity.
- Wholesale Price: $574,999
- We believe that after the recommended renovations are completed, this property should be worth at least $750,000 on the MLS
Comparable Analysis |
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| 192 Edgehill Drive sold for $760,000 in September 2025. This legal duplex has a footprint of approximately 1,100–1,500 sq ft on a deep 54 ft x 195 ft lot and contains two fully renovated, vacant units. The upper unit includes three bedrooms, two full bathrooms, updated finishes, and in-suite laundry with walkout access to a private backyard. The lower unit is a modern two-bedroom, 1-bathroom suite with an updated kitchen, and its own laundry. The property has undergone extensive upgrades including a new roof, furnace, electrical and plumbing updates, and carpet-free flooring throughout. Based on this comparable, after the recommended renovations are completed, we estimate the subject property to be worth approximately $750,000 on the MLS. |
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| 207 Merrett Drive sold for $785,000 in October 2025 after 9 days on the market. This legal duplex has a footprint of 700–1,100 sq ft and sits on a 70 ft x 216 ft lot. The property includes two fully finished units with modernized kitchens and bathrooms, a separate entrance to the lower suite, and updated interior finishes throughout. It also features both an attached and detached garage along with a finished backyard deck. This sale reflects demand for updated duplexes with strong interior improvements. Based on this comparable, we estimate the subject property to be worth approximately $750,000 on the MLS after completing the recommended renovations. |
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