$695,000

For sale

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

542 Grove Street, Barrie (Grove East), Ontario, L4M5Y2

5 beds2 baths6 parking1,300 ft²50 × 110 ft (5,500 sq ft) lot sizeListed 8 days ago

Overview

This 5-bedroom, 2-bathroom home in Barrie is for sale offering roughly 1,300 sq ft of space. Its $695,000 asking price sits right in line with the $680,000 median in Barrie. It has been on the market 8 days, fresher than the Barrie average of 47 days.

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Description

Welcome To This Beautifully Maintained 3+2 Bedroom Brick Bungalow In A Desirable, Family-Friendly Neighbourhood. Ideal For Families Seeking The Ease Of Bungalow Living, This Move-In-Ready Home Features Gleaming Hardwood Floors, A Bright & Functional Layout, & A Welcoming Breakfast Area With Walkout To A Cedar Deck, Perfect For Outdoor Dining & Entertaining. The Fully Finished Basement Provides A Spacious Recreation Room, 2 Additional Bedrooms, & A Bathroom, Offering Flexibility For Extended Family, Guests, Or A Home Office. Enjoy The Charming Covered Front Porch, Perfect For Relaxing Outdoors. Ideally Situated Close To Georgian College, Schools, Hospital, Parks, Scenic Walking Trails, Shopping, & Major Commuter Routes, This Home Offers The Space & Lifestyle To Suit Your Needs, Both Today & For Years To Come! (id:66096)

Property Details

MLS®: S14121434
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 50 × 110 ft (5,500 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $4,666.66/yr
Listed

Rooms

Main level

Living room: 3.38 x 7.44 meters
Dining room: 3.38 x 7.44 meters
Kitchen: 4.57 x 3.35 meters
Eating area: 4.57 x 3.35 meters
Primary Bedroom: 4.06 x 3.81 meters
Bedroom 2: 2.92 x 2.69 meters
Bedroom 3: 2.87 x 2.69 meters

Lower level

Laundry room: 3.98 x 3.61 meters
Recreational, Games room: 7.11 x 7.75 meters
Bedroom 4: 3.98 x 3.66 meters

Features

Appliances: Washer, Dryer
Flooring: Hardwood, Carpeted
Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Barrie (Grove East) listings, avg age

47d

Price / ft²

$535

List price

$695K

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 (Grove East) has been listed for 8 days, which is 39 days fresher than the city average of 47. Act while there is still low competition.

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Listed by ROYAL LEPAGE IGNITE REALTY · AARANI RABENDRAVARMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4M)

This home lists at $695,000, about 8.0× the local median household income of $87,000.

Carrying it typically needs a household income of about $135,758 (20% down, 25-yr amortization, stress-tested) — roughly 56% 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)

$695,000· $535/ft²

For sale

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Full Cost Breakdown

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Down Payment6.40% · $44,500.00

Min 6.40%50%

Mortgage payment$3,606/mo

↳ CMHC premium ($26,020 capitalized)

Property tax (est.)$389/mo

Total monthly$3,995

Cash Needed to Close

Down payment (6.40%)$44,500

Land transfer tax$10,375

Est. closing costs$4,585

Total cash needed$59,460

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