$699,000

For sale

117 Rose Street, Barrie (Wellington) - Single Family for Sale

117 Rose Street, Barrie (Wellington), Ontario, L4M2T6

6 beds2 baths6 parking1,300 ft²55 × 100 ft (5,455 sq ft) lot sizeListed 50 days ago

Overview

This 6-bedroom, 2-bathroom home in Barrie is for sale offering roughly 1,300 sq ft of space. Its $699,000 asking price sits right in line with the $674,900 median in Barrie. It has been on the market 50 days, fresher than the Barrie average of 56 days.

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Description

INVESTMENT & MULTI-GENERATIONAL OPPORTUNITY! Welcome to this beautifully maintained 3+3 bedroom, 2-bathroom home offering exceptional flexibility for first-time buyers, families, or investors. Featuring pot lights throughout, a functional layout, interlocking driveway with parking for at least 6 cars, and a convenient separate side entrance to the lower level. The basement offers excellent potential for a second living space, with legal basement building permits already approved, providing a strong pathway toward a legal duplex setup. Ideally located close to major schools, Georgian College, shopping, transit, and Highway 400. A fantastic opportunity to live in, generate rental income, or create a legal two-unit investment. With the right setup and market rents, this property has the potential to generate $1,500+ in positive monthly cash flow. Don't miss this opportunity! (id:66096)

Property Details

MLS®: S13785300
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 55 × 100 ft (5,455 sq ft)
Frontage: 55 ft
Storeys: 1
Style: Bungalow
Basement: Apartment in basement, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Kitchen: 5.66 x 3.38 meters
Dining room: 3.01 x 3.53 meters
Living room: 4.45 x 3.55 meters
Primary Bedroom: 4.34 x 3.45 meters
Bedroom 2: 3.85 x 3.21 meters
Bedroom 3: 3.35 x 2.78 meters

Lower level

Bedroom 5: 2.53 x 3.81 meters
Other: 5.93 x 3.37 meters
Family room: 6.47 x 3.85 meters
Bedroom: 2.85 x 2.78 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater - Tankless
Flooring: Tile, Laminate
Foundation: Brick
Exterior: Brick
Lot Features: Guest Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Barrie (Wellington) listings, avg age

56d

Price / ft²

$538

List price

$699K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 6-bed single family in Barrie (Wellington) has been listed for 50 days, which is 6 days fresher than the city average of 56. Act while there is still low competition.

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Listed by HOUSESIGMA INC. · SNEH SHEKHADA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4M)

This home lists at $699,000, about 8.0× the local median household income of $87,000.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 57% above the area median.

Median household income: $87,000
Population: 46,902
Median age: 38
Owner / renter: 62% / 38%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L4M)

$699,000· $538/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$522/mo

Total monthly$4,148

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$10,455

Est. closing costs$4,597

Total cash needed$59,952

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