605 Big Bay Point Road, Barrie (Bayshore), Ontario, L4N3Z9




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$1,750,000
Barrie
This 5-bedroom, 2-bathroom home in Barrie is for sale offering roughly 1,750 sq ft of space. It has been on the market 40 days, fresher than the Barrie average of 50 days.
This home has recently been gutted and is undergoing extensive renovations to create a triplex plus an accessory dwelling unit, offering four rental units in total. The property is being offered as part of a package with four additional side-by-side properties, presenting an exceptional investment and redevelopement opportunity. The area has been designated for high-density development, with several new projects currently under construction or planned along this rapidly transforming corridor. Conveniently located close to shopping, schools, a recreation center. the Barrie GO station, and Barrie's magnificent waterfront. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 40 days on market, against an average age of 50 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 (Bayshore) has been listed for 40 days, which is 10 days fresher than the city average of 50. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,750,000, about 18.0× the local median household income of $97,000.
Carrying it typically needs a household income of about $341,836 (20% down, 25-yr amortization, stress-tested) — roughly 252% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4N)
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Loading rates, 30-yr amortization
Cash Needed to Close
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