$729,999

For sale

201 Steel Street, Barrie (Codrington) - Single Family for Sale

201 Steel Street, Barrie (Codrington), Ontario, L4M2G8

5 beds2 baths4 parking900 ft²60 × 100 ft (6,000 sq ft) lot sizeListed 93 days ago

Overview

This 5-bedroom, 2-bathroom home in Barrie is for sale offering roughly 900 sq ft of space. Its $729,999 asking price sits right in line with the $729,999 median in Barrie.

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Description

Attention investors! This registered two-unit raised bungalow offers immediate income opportunity with both units currently tenanted. This property offers $3700 of monthly cash flow. The main level features three bedrooms, a bright living and dining area, a kitchen, and a four-piece bathroom. The lower unit offers a separate entrance, kitchen, living area, bathroom, and two additional bedrooms. With approximately 1900 square ft of living space, this property is a great investment opportunity. Situated in one of Barrie's most sought-after neighbourhoods, this 60 x 100 ft lot features a spacious four-car driveway. Several recent improvements include; a new roof, upgraded attic insulation, tiled front steps with a new railing installed, landscaping and updated basement flooring. Conveniently located near the waterfront, hospital, schools, Georgian College, shopping, transit and highway. (id:66096)

Property Details

MLS®: S13639300
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 60 × 100 ft (6,000 sq ft)
Frontage: 60 ft
Storeys: 1
Style: Raised bungalow
Basement: Separate entrance, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $5,200/yr
Listed

Rooms

Main level

Living room: 3.77 x 3.82 meters
Dining room: 3.25 x 2.31 meters
Kitchen: 3.44 x 3.78 meters
Bedroom: 3.48 x 3.78 meters
Bedroom 2: 3.57 x 3.42 meters
Bedroom 3: 2.45 x 3.42 meters
Bathroom: 2.4 x 2.17 meters
Foyer: 1.25 x 1.55 meters
Other: 0.96 x 1.76 meters

Basement

Kitchen: 4.53 x 3.33 meters

Features

Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

93d

Barrie (Codrington) listings, avg age

56d

Price / ft²

$811

List price

$730K

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 5-bed single family in Barrie (Codrington) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RIGHT AT HOME REALTY · Annalisa Indovino

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4M)

This home lists at $729,999, about 8.4× the local median household income of $87,000.

Carrying it typically needs a household income of about $142,594 (20% down, 25-yr amortization, stress-tested) — roughly 64% 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)

$729,999· $811/ft²

For sale

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Full Cost Breakdown

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Down Payment6.58% · $47,999.90

Min 6.58%50%

Mortgage payment$3,781/mo

↳ CMHC premium ($27,280 capitalized)

Property tax (est.)$433/mo

Total monthly$4,214

Cash Needed to Close

Down payment (6.58%)$48,000

Land transfer tax$11,075

Est. closing costs$4,690

Total cash needed$63,765

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