$430,000

For sale

168 Anne Street South, Barrie (Allandale) - Single Family for Sale

168 Anne Street South, Barrie (Allandale), Ontario, L4N2E5

2 beds1 bath5 parking900 ft²66 × 132 ft (8,712 sq ft) lot sizeListed 50 days ago

Overview

This 2-bedroom, 1-bathroom home in Barrie is for sale offering roughly 900 sq ft of space. Listed at $430,000, it is attractively priced about 34% below the $649,999 median asking price in Barrie. It has been on the market 50 days, fresher than the Barrie average of 63 days.

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Description

Opportunity knocks in Barrie. This RM1 / RM1(SP-528-HC) zoned property offers more than a typical residential purchase, with an approximately 66 ft. x 132 ft. lot and future potential for residential intensification. The existing home is a handyman special, making this an appealing option for renovators, investors, builders or buyers looking to reposition the property. A preliminary feasibility study has identified potential pathways including retain-and-convert, additional residential units, or a purpose-built low-rise multi-unit infill concept, subject to buyer due diligence and municipal requirements. Located in an evolving area of Barrie, this property offers present residential use with meaningful future upside. Buyer to verify zoning, survey, servicing, parking, permits, incentive eligibility and all development possibilities. (id:66096)

Property Details

MLS®: S13799074
Property Type: Single Family
Zoning: RM1, RM1(SP-528-HC)
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 900 ft²
Lot Size: 66 × 132 ft (8,712 sq ft)
Frontage: 66 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Natural gas, Other
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Bathroom: 2.13 x 2.95 meters
Kitchen: 3.35 x 2.74 meters
Bedroom 2: 3.29 x 2.98 meters
Bedroom: 2.47 x 3.13 meters
Sunroom: 3.47 x 2.77 meters
Living room: 6.43 x 3.13 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Water Heater
Flooring: Tile, Laminate, Vinyl
Foundation: Concrete
Exterior: Hardboard

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Barrie (Allandale) listings, avg age

63d

Price / ft²

$478

List price

$430K

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 2-bed single family in Barrie (Allandale) has been listed for 50 days, which is 13 days fresher than the city average of 63. Act while there is still low competition.

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Listed by RE/MAX HALLMARK CHAY REALTY · CHERYL CHESLEA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4N)

This home lists at $430,000, about 4.4× the local median household income of $97,000.

Carrying it typically needs a household income of about $83,994 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $97,000
Population: 100,835
Median age: 39.6
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L4N)

$430,000· $478/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,500

Min 5%50%

Mortgage payment$2,265/mo

↳ CMHC premium ($16,340 capitalized)

Property tax (est.)$298/mo

Total monthly$2,562

Cash Needed to Close

Down payment (5%)$21,500

Land transfer tax$5,075

Est. closing costs$3,790

Total cash needed$30,365

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