Live or Invest by the Lake – 127 Innisfil Street, Barrie
Welcome to 127 Innisfil Street, a beautifully updated legal duplex located in the heart of Barrie, Ontario — just steps from the waterfront, marina, beaches, and vibrant downtown core. This is more than a home — it’s a lifestyle investment in one of Barrie’s most walkable, desirable neighbourhoods.
Location You’ll Love
Enjoy morning walks along the shores of Kempenfelt Bay, stroll to Centennial Beach, or take in local events at Meridian Place. Downtown Barrie’s restaurants, shops, and cafes are only minutes away, making this property ideal for owner-occupants and investors seeking strong tenant demand and steady rental income.
A location like this — close to the lake, trails, parks, and transit — attracts excellent tenants and long-term value.
Property Overview
This property features two completely separate self-contained units with a combined 1,836 sq ft of finished living space above grade, plus a finished 3rd-level loft bedroom in the upper unit. Each apartment is bright, updated, and ready for immediate occupancy.
- Main Floor Unit: Spacious 2 bedrooms, family room with fireplace, and a stunning eat-in kitchen featuring ceramic tile floors, a centre island, and modern appliances.
- Upper Unit: Comfortable 1 bedroom plus loft bedroom on the 3rd level, immaculate kitchen, and bright living areas filled with natural light.
Each unit includes its own laundry facilities — 10 appliances in total are included in the sale.
Investment Highlights
With both units vacant, this property gives the new owner full flexibility to:
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Set market rents immediately, or
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Occupy one unit and generate income from the other.
Net rental potential is strong in this downtown Barrie area, where duplexes are in high demand among young professionals and families seeking proximity to the the Bay and transit.
Quick Facts
| Feature | Detail |
|---|---|
| MLS® | S124792778 |
| Address | 127 Innisfil Street, Barrie, Ontario |
| Type | Legal Duplex (2 units) |
| Above-Grade Finished Area | 1,836 sq ft |
| Lot Depth | 165 ft |
| Units | 2 – (2 bed main + 1 bed upper + loft) |
| Baths | 2 Full 4-Piece |
| Kitchens | 2 Eat-In Kitchens (ceramic, centre islands) |
| Fireplace | Family Room – Main Floor |
| Appliances | 10 included |
| Status | Vacant – Move-in Ready |
Summary
If you’re looking for a turnkey investment property or a home with income potential, 127 Innisfil Street is the complete package — prime downtown location, fully renovated, and ready for occupancy.
Walk to the waterfront, parks, and downtown Barrie amenities while enjoying the benefits of two updated apartments in one solid investment.