Rare Barrie Bungalow with Income Potential ($4500 monthly )— Ideal for Investors, Multi-Generational Living, or Families
Welcome to 109 Sovereign’s Gate, a rare and versatile bungalow in Barrie’s highly desirable southeast end. This property is an excellent opportunity for investors, multi-generational families, buyers seeking mortgage-supporting income, or anyone looking to move into one of Barrie’s growing family-friendly communities.
With over 1,300 sq. ft. on the main level plus a fully finished basement, this home offers space, flexibility, and strong income potential. The property currently offers rental income potential of approximately $4,500 per month, making it especially attractive for buyers looking for a home that can also work as an investment.
The bright and spacious main floor features a welcoming living room with an elegant coffered ceiling, a large kitchen with breakfast bar, and a generous dining area with walkout to a beautiful two-tiered deck and fully fenced backyard. The main level also includes convenient laundry, two large bedrooms, and a comfortable primary retreat with a walk-in closet and private 4-piece ensuite.
The fully finished lower level adds incredible value and flexibility. With 9-foot ceilings and oversized windows, the basement feels bright, open, and inviting. A large recreation room provides additional living space for the main home, while a separate area of the basement is accessed through the garage and includes a private one-bedroom in-law suite with its own full kitchen, pantry, spacious living room, oversized bedroom, and 3-piece bathroom.
This layout is perfect for extended family, adult children, aging parents, or buyers who want privacy and separation while staying under one roof. It also creates excellent possibilities for income generation, making this home appealing to both end-users and investors.
Located in a fantastic family-friendly neighbourhood close to parks, schools, shopping, amenities, and commuter routes, this home offers the perfect combination of lifestyle, flexibility, and investment value.