$624,900

For sale

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80 GARDEN Drive, Barrie (Allandale Heights) - Multi-family for Sale

80 GARDEN Drive, Barrie (Allandale Heights), Ontario, L4N5K2

5 beds2 baths3 parking ft²

118 Marshall Street, Barrie (Allandale Heights), Ontario, L4N4L5

5 bd2 ba5 pk1,300 ft²Lot size 50 × 110 ft (5,500 sq ft)

Listed by CENTURY 21 B.J. ROTH REALTY LTD.

39 Highcroft Road, Barrie (Allandale Heights), Ontario, L4N2X6

For salePrice drop

33 days ago

$650K$675K

↓ $25K (4%) price drop

39 Highcroft Road, Barrie (Allandale Heights), Ontario, L4N2X6

5 bd2 ba3 pk1,300 ft²Lot size 31 × 122 ft (3,706 sq ft)

Listed by COLDWELL BANKER THE REAL ESTATE CENTRE

Investment analysis

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$624,900

Barrie

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Description

Welcome to 80 Garden Drive, a legal duplex in Barrie offering flexibility for investors, multi-generational living, or an owner looking to live in one unit and rent the other. The home features a two-bedroom upper unit and a three-bedroom lower-level unit, with separate laundry for each.Recent updates bring a refreshed feel to the property, including fresh paint, a new kitchen with new countertops, laminate flooring throughout the entire lower level, and a new bathroom vanity. With five bedrooms across two self-contained units, this property offers a range of possibilities for its next owner. (id:66096)

Property Details

MLS®: S14110486
Property Type: Multi-family
Bedrooms: 5
Beds (above / below): 2 above · 3 below
Bathrooms: 2
Parking: 3
Interior Size: 1,750 ft²
Frontage: 10 m
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Property Tax: $4,637/yr
Listed: 12 days ago

Rooms

Main level

Living room: 6.5 x 5.2 meters
Kitchen: 5.7 x 3.1 meters
Primary Bedroom: 5 x 3.4 meters
Bedroom 2: 3.3 x 3 meters
Laundry room: 0.1 x 0.1 meters

Lower level

Laundry room: 0.1 x 0.1 meters
Dining room: 3.05 x 3.05 meters
Living room: 4.34 x 3.2 meters
Kitchen: 5.49 x 2.74 meters
Bedroom 3: 4.18 x 2.74 meters
Bedroom 4: 2.49 x 2.49 meters
Bedroom 5: 3.35 x 0.88 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

12d

Barrie (Allandale Heights) listings, avg age

43d

Price / ft²

$357

List price

$625K

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.

Area context

Neighbourhood profile (L4N)

This home lists at $624,900, about 6.4× the local median household income of $97,000.

Carrying it typically needs a household income of about $122,065 (20% down, 25-yr amortization, stress-tested) — roughly 26% above the area median.

Median household income: $97,000
Population: 100,835
Median age: 39.6
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L4N)

$624,900· $357/ft²

For sale

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Full Cost Breakdown

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Down Payment6.00% · $37,490

Min 6.00%50%

Mortgage payment$3,257/mo

↳ CMHC premium ($23,496 capitalized)

Property tax (est.)$386/mo

Total monthly$3,643

Cash Needed to Close

Down payment (6.00%)$37,490

Land transfer tax$8,973

Est. closing costs$4,375

Total cash needed$50,838

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80 GARDEN Drive, Barrie (Allandale Heights) - Multi-family for Sale

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Description

Property Details

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Neighbourhood profile (L4N)

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