$649,000
Barrie
46 College Crescent, Barrie (Grove East), Ontario, L4M2W3
This 5-bedroom, 3-bathroom home in Barrie is for sale offering roughly 1,750 sq ft of space. Listed at $649,000, it is attractively priced about 5% below the $680,000 median asking price in Barrie. It has been on the market 30 days, fresher than the Barrie average of 47 days.
A BACKSPLIT WITH MULTI-GENERATIONAL POTENTIAL & A PERMIT FOR A PROPOSED DUPLEX CONVERSION! Maybe you need more room for your family. Maybe a house with in-law capability is part of the plan. Maybe the duplex conversion opportunity is what gets your attention. Whatever brings you through the door, this detached backsplit gives you 5 bedrooms, multiple living areas and a floor plan that can work in more than one way. The ground level features a kitchen with ample cabinetry and a tiled backsplash, along with both a family room and separate living room with a fireplace. A bedroom and powder room complete this level, while three more bedrooms and a full bathroom are grouped on the upper level. The finished basement adds a fifth bedroom and another full bathroom, giving extended family, older kids or overnight guests valuable separation. The City of Barrie has issued a building permit for the proposed residential duplex conversion, with approved conversion drawings already in place and a permit that may be transferable to a future owner with City approval, reducing the preliminary work for a buyer looking to advance the property's income potential. An interlock walkway leads to the front door, with an attached single-car garage and space for two more vehicles in the driveway, while the fully fenced backyard adds a deck, lawn, mature landscaping and garden shed. Georgian College and RVH are only minutes away, with quick access to Highway 400, shopping and restaurants. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 30 days on market, against an average age of 47 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 5-bed single family in Barrie (Grove East) has been listed for 30 days, which is 17 days fresher than the city average of 47. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $649,000, about 7.5× the local median household income of $87,000.
Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 46% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4M)
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