$630,000

For sale

514 Grove Street East, Barrie (Grove East) - Single Family for Sale

514 Grove Street East, Barrie (Grove East), Ontario, L4M5Z2

7 beds4 baths6 parking2,750 ft²51 × 110 ft (5,561 sq ft) lot sizeListed 21 days ago

Overview

This 7-bedroom, 4-bathroom home in Barrie is for sale offering roughly 2,750 sq ft of space. Listed at $630,000, it is attractively priced about 7% below the $680,000 median asking price in Barrie. It has been on the market 21 days, fresher than the Barrie average of 48 days.

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Description

Welcome to this Beautiful Detached Home in Barrie, Featuring a Double-Car Garage and Spacious, Thoughtfully Designed Living Areas. This Exceptional Property Offers 4 Generously Sized Bedrooms Plus a Versatile Main-Floor Den, Perfect for a Home Office. The Inviting Family Room Features a Cozy Wood-Burning Fireplace and Seamlessly Connects to the Well-appointed Kitchen, Complete with a Granite Countertop Island. A Separate Dining Area with Large Windows Creates a Bright and Welcoming Space for Family Gatherings and Entertaining. The Spacious Primary Bedroom Boasts a Walk-in Closet and a 4-piece Ensuite. The Fully Furnished Basement Offers an Open-Concept Layout with a Separate Entrance, Kitchen, 3 Additional Bedrooms, and a Den - Providing Excellent Flexibility for Extended family, Guests, or Potential Rental Income. Seller and LA do not warrant the status of the basement. (id:66096)

Property Details

MLS®: S14034074
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 4 above · 3 below
Bathrooms: 4
Half Baths: 1
Parking: 6
Interior Size: 2,750 ft²
Lot Size: 51 × 110 ft (5,561 sq ft)
Frontage: 51 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold

Features

Appliances: Window Coverings
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Barrie (Grove East) listings, avg age

48d

Price / ft²

$229

List price

$630K

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 7-bed single family in Barrie (Grove East) has been listed for 21 days, which is 27 days fresher than the city average of 48. Act while there is still low competition.

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Listed by REALTY WEALTH GROUP INC. · HOVIG TCHADERIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4M)

This home lists at $630,000, about 7.2× the local median household income of $87,000.

Carrying it typically needs a household income of about $123,061 (20% down, 25-yr amortization, stress-tested) — roughly 41% 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)

$630,000· $229/ft²

For sale

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Full Cost Breakdown

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Down Payment6.03% · $38,000

Min 6.03%50%

Mortgage payment$3,282/mo

↳ CMHC premium ($23,680 capitalized)

Property tax (est.)$562/mo

Total monthly$3,844

Cash Needed to Close

Down payment (6.03%)$38,000

Land transfer tax$9,075

Est. closing costs$4,390

Total cash needed$51,465

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