8 Versailles Crescent
Location
Innis-Shore, Barrie, Simcoe County, Ontario
Approximate Living Size
2100 Sqaure Foot
Bedrooms
2+2
Bathrooms
3
For Sale
$999,000
About The Property
Stunning Legal Duplex in Barrie's Innishore
BUNGALOW - LEGAL DUPLEX 2 UNITS
Lot Size : 39ft x 111ft
Unit 1 (Main) - 2 Bed 2 Bath : 1200 SqF Approximately
Rental Income : $2350 Plus Utilities
Unit 2 (Lower)* - 2 Bed 1 Bath : 900 SqF Approximately
Rental Income : $1850 Plus Utilities
TOTAL INCOME $4200/m or $50,400/year
Asking Price : $999,000
Property Tax (2025) : $5,519.96
CO-OP COMMISSION 2.5%
This all-brick, raised bungalow is a fantastic opportunity in the highly desirable Innishore neighborhood of Barrie. Minutes from Friday Harbour and all amenities, this property features a spacious, pool-sized lot and is perfect for a large family or for generating rental income, with a potential rent of $4,200. The home is a legal duplex, with a recently renovated and upgraded 2-bedroom second suite in the basement, registered with the city of Barrie. It offers two modern kitchens, two laundry rooms, new pot lights on the main floor, and large windows in the lower unit, which has also been soundproofed. Move-in ready and in excellent condition, this property is a must-see.
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This area, with a population of 19,015 and 5,915 households, is highly attractive for families and those seeking homeownership in newer housing with above-average incomes. Its strong community engagement, high percentage of married/common-law couples with children at home (55.7%, 27% higher than the provincial average), and a good mix of occupations further enhance its appeal as an excellent place to purchase or lease a house.
• Median Household Maintainer Age: 51
• Housing & Homeownership:82.7% of households are owned (23% higher than the provincial average). Houses are the dominant housing type, accounting for 95.6% (41% higher than the provincial average). A substantial 22.7% of housing was built between 2006 and 2010 (284% higher than the provincial average).
• Income & Education: The average household income is $157,081 (18% higher than the provincial average).
• Employment & Commute: The labour force participation rate is 69.7% (11% higher than the provincial average). Commuting is predominantly by car, with 43.29% traveling as a driver (31% higher than the provincial average) and 3.85% as a passenger (18% higher than the provincial average).
• Diversity: The immigrant population is 21.2% (35% lower than the provincial average). Top non-official languages spoken at home include Russian (3.22%, 317% higher than the provincial average) and Spanish (2.57%, 46% higher than the provincial average).
3km Radius