70 Marsellus Drive
Location
Holly, Barrie, Simcoe County, ON
Approximate Living Size
1857 Square foot
Bedrooms
2+2
Bathrooms
2
For Sale
$1,100,000
About The Property
Duplex Bungalow in South Barrie
Holly, Barrie, Simcoe County, ON
BUNGALOW - LEGAL DUPLEX 2 UNITS
Lot Size : 57 × 109ft
Unit 1 (Main) - 2 Bed 1 Bath : 1007 SqF Approximately
Rental Income : $2306 Plus Utilities
Unit 2 (Lower)* - 2 Bed 1 Bath : 850 SqF Approximately
Rental Income : $1896 Plus Utilities
TOTAL INCOME $4202/m or $50,424/year
Asking Price : $1,100,000
Property Tax (2025) - $4,828.19
CO-OP COMMISSION 2.5%
This is a rare opportunity to own a fully detached bungalow in a desirable area of South Barrie. Situated on a massive 56x109 ft lot, this home is a legal duplex with a separate entrance to the basement apartment, making it perfect for a large family or as an investment property. The property features a double car garage with inside entry, a divided split garage, and a walkout deck from the kitchen. With a welcoming foyer and a practical layout, the home boasts modern finishes throughout. Recent upgrades in 2023 include a new legal basement renovation, which is a registered second suite, and a 200 AMP panel (2x100 AMP). Both the main floor and lower unit have their own private laundry rooms, and the home is bright with ample natural light. With two separate mailboxes and addresses, the property offers a rental income of $4,200 and is completely turn-key and move-in ready.
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This area, with a population of 34,263 and 11,524 households, is ideal for families with children, offering high homeownership and a significant portion of housing built in the 1990s and early 2000s. Its robust labor force participation and diverse non-official language speakers contribute to a dynamic community, making it an appealing place to purchase or lease a home.
• Median Household Maintainer Age: 49
• Housing & Homeownership: 75.8% of households are owned (13% higher than the provincial average). Houses constitute 85.3% of the housing stock (26% higher than the provincial average). A substantial 40.2% of housing was built between 1991 and 2000 (252% higher than the provincial average).
• Income & Education: The average household income is $135,947 (3% higher than the provincial average).
• Employment & Commute: The labour force participation rate is 73.1% (17% higher than the provincial average). Commuting patterns show 45.12% travel by car as driver (36% higher than the provincial average) and 4.96% by car as passenger (52% higher than the provincial average).
• Diversity: The immigrant population is 20.2% (38% lower than the provincial average). Significant non-official languages spoken at home include Spanish (2.93%, 66% higher than the provincial average) and Russian (2.47%, 219% higher than the provincial average).