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Gadwall Ave, Barrie, Ontario
Offer Date: FIRST COME FIRST SERVED 
Closing Date: August 28th, 2025
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
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This is a fantastic investment opportunity in one of Barrie’s desirable neighborhoods. The property is structurally sound and shows well, requiring only cosmetic updates to reach its full market potential. Major systems and utilities are already upgraded and in good working order, and the exterior is in great condition—keeping your renovation budget focused on aesthetic improvements. Best of all, no freehold townhouse in this pocket of Barrie has sold for under $500,000 since 2020, making this a high-upside project for flippers or savvy investors.
Property Overview
Details
- Freehold Townhouse
- End-unit
- Backs onto green space
- Beds: 3
- Baths: 3
- 1196 sqft above ground + 662 sqft below ground
- Full finished basement
- No separate entrance
- 7 – 7.5ft ceiling height throughout
- Attached 1 car garage
- Built in 2000
Mechanical & Systems
- Electrical: Breaker – Copper wiring
- Furnace: Owned, installed in 2019
- A/C: Owned, installed in 2010
- Hot Water Tank: Rental, replaced in 2021 as per seller
- Appliances included: fridge, stove, washer, dryer in AS IS condition
Roof & Exterior
- Roof is about 7 years old (per seller)
- Vinyl windows are around 20 years old (as per seller)
- 1 car attached garage
Lot & Location
- 25.59ft x 101.83ft lot
- Property taxes are approx. $3,627
- 5-minute drive to HWY 400
- 10-minute drive to Barrie GO Centre
- Zoning RM2-TH
Important Notes
- Seller has the option to leave junk behind—budget recommended for junk removal
- There is a slight cat/pet smell in the house
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip or Duplex opportunity.
- Wholesale Price: $479,999 or Best Offer
- We believe that this property is worth $550,000 as-is on the MLS
- We believe that after the recommended renovations are completed, this property should be worth at least $660,000 on the MLS.
- Purchase today for $70K BELOW MARKET VALUE
Comparable Analysis |
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- 24 Gadwall Avenue sold for $627,000 in April 2025 after 20 days on the MLS. This comparable consists of 3 beds, 3 baths and sits on a similar 25ft x 101ft lot. The comparable is better maintained than the subject, however, still cosmetically dated. The comparable also does not have a finished basement unlike the subject’s which is finished. Both properties are end-units and back onto a green space. Therefore we believe in AS IS condition, the subject property would sell for a price around $550,000 on the MLS!
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- 99 Courtney Crescent sold for $600,000 just 28 days ago on the MLS! This comparable consists of 3 beds, 2 baths and sits on a thinner but deeper 19ft x 142ft lot. The comparable is fully updated throughout, including a finished basement, although the square footage of the comparable is slightly smaller as per the listing at only 700-1100sqft. Also, the comparable is not an end-unit and does not back onto a green space, unlike the subject. Therefore after adjustments and a full cosmetic renovation, we believe the subject property would sell for a price around $660,000 on the MLS!
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- 26 Drake Drive sold for $672,222 in May 2025 after only 8 days on the MLS! This comparable consists of 3+1 beds, 4 bathrooms and sits on a similar 25ft x 111ft lot. The comparable has received various cosmetic renovations throughout although there is still room for improvement. This comparable features a finished basement, similar to the subject, although it does not back onto a green space. Therefore after adjustments and a full cosmetic renovation, we believe the subject property would sell for a price around $660,000 on the MLS.
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