$524,900
Barrie
4 East Street, Barrie (Wellington), Ontario, L4M2N4
This 4-bedroom, 2-bathroom home in Barrie is for sale offering roughly 1,750 sq ft of space. Listed at $524,900, it is attractively priced about 22% below the $674,900 median asking price in Barrie.
Ideally situated close to downtown Barrie, shopping, restaurants, waterfront amenities, transit and commuter routes, this unique century home offers immediate use and plenty of space. The home features four bedrooms and multiple living areas, along with a detached garage/workshop measuring approximately 41'6" x 15'6".The property may appeal to a variety of buyers-from those looking to renovate and restore its original character to investors and builders interested in exploring its future possibilities. The detached garage offers two tandem parking spaces plus a workshop area, a rare feature for an in-town property. Currently zoned RM2, with proposed zoning identified as NL1 as part of the City's evolving Official Plan. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, redevelopment potential and future opportunities. The Seller may be willing to provide a Seller/Vendor Take-Back Mortgage to a qualified buyer, subject to mutually agreeable terms and conditions, offering a potential financing option for those looking to bring their vision for the property to life. As one of Ontario's fastest-growing communities, with significant population growth projected over the coming decades, Barrie continues to offer exciting opportunities for homeowners and investors alike. Whether your vision is to renovate, invest or explore redevelopment possibilities, this property presents the chance to create something special. Property is being sold "as is, where is." (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 127 days on market, against an average age of 54 days across the listings currently for sale in this city
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.
This 4-bed single family in Barrie (Wellington) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $524,900, about 6.0× the local median household income of $87,000.
Carrying it typically needs a household income of about $102,531 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4M)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.