$1,179,900

For sale

185 & 191 Dunlop Street West, Barrie (Queen's Park) - Single Family for Sale

185 & 191 Dunlop Street West, Barrie (Queen's Park), Ontario, L4N1B6

0 baths7 parking350 ft²99 × 166 ft (16,434 sq ft) lot sizeListed 61 days ago

Overview

This home in Barrie is for sale offering roughly 350 sq ft of space. It has been on the market 61 days, fresher than the Barrie average of 94 days.

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Description

*Development Opportunity* in a rapidly transforming Barrie location! This 99' x 166' lot is currently sitting with 2 older homes (185 Dunlop St W + 191 Dunlop St W) offered as an excellent development or land assembly opportunity. Zoned RM2 (SP-189), the property is situated within a multiple-residential zoning designation that permits a range of residential forms, subject to applicable zoning requirements & approvals. The generous lot depth & existing 99' frontage provide an excellent starting point for future development plans. Surrounded by ongoing development & properties transitioning from older homes to new residential construction, this is an opportunity for builders, investors & developers to secure land in an area experiencing change. Existing home is being sold in its current condition. Buyer to conduct their own due diligence regarding permitted uses, density, servicing, development approvals & potential future development with the City of Barrie. (id:66096)

Property Details

MLS®: S13747604
Property Type: Single Family
Zoning: RM2, RM2(SP-189)
Bathrooms: 0
Parking: 7
Interior Size: 350 ft²
Lot Size: 99 × 166 ft (16,434 sq ft)
Frontage: 99 ft
Garage: Detached Garage, Garage
Listed: 61 days ago

Features

Foundation: Concrete
Exterior: Brick, Stucco

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

61d

Barrie (Queen's Park) listings, avg age

94d

Price / ft²

$3,376

List price

$1.18M

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 single family in Barrie (Queen's Park) has been listed for 61 days, which is 33 days fresher than the city average of 94. Act while there is still low competition.

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Listed by HOMELIFE EMERALD REALTY LTD.

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4N)

This home lists at $1,179,900, about 12.2× the local median household income of $97,000.

Carrying it typically needs a household income of about $230,476 (20% down, 25-yr amortization, stress-tested) — roughly 138% above 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)

$1,179,900· $3,376/ft²

For sale

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Full Cost Breakdown

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Down Payment7.88% · $92,990

Min 7.88%50%

Mortgage payment$6,026/mo

↳ CMHC premium ($43,476 capitalized)

Est. property tax$0/mo

Total monthly$6,026

Cash Needed to Close

Down payment (7.88%)$92,990

Land transfer tax$20,073

Est. closing costs$6,040

Total cash needed$119,103

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