$539,900

For sale

#402 4 Spice Way, Barrie - Single Family for Sale

#402 4 Spice Way, Barrie, Ontario, L9J0M2

3 beds2 baths1 parking1,300 ft²$648/mo condo feeListed 56 days ago

Overview

This 3-bedroom, 2-bathroom condo in Barrie is for sale offering roughly 1,300 sq ft of space. It has been on the market 56 days, fresher than the Barrie average of 64 days.

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Description

Top 5 Reasons You Will Love This Condo: 1) Welcome to the SUMAC building, a modern condominium built in 2022, featuring a bright and spacious corner unit with panoramic views of Barrie and desirable northern exposure, filling the home with natural light throughout the day, complemented by a lovely balcony with northern views and a pet friendly building 2) Beautifully maintained unit with a contemporary kitchen featuring stainless-steel appliances, elegant granite countertops, and a double sink, a full-size washer and dryer, and a natural gas hookup for your barbeque on the private balcony, perfect for outdoor entertaining 3) Generously sized primary bedroom offering double closets, a large window, and a private ensuite complete with a walk-in shower, while the spacious second bedroom includes a full closet, and the versatile third bedroom or den features both side and front-facing windows, making it ideal as a home office, guest room, or nursery 4) Enjoy the expansive open-concept layout connecting the living room, dining area, and balcony, creating exceptional flow and functionality throughout this bright, airy, and very spacious unit 5) Additional features include underground parking space #51 and a dedicated storage locker providing plenty of extra storage space. 1,282 fin.sq.ft. (id:66096)

Property Details

MLS®: S13768744
Property Type: Single Family
Zoning: RM3
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Storeys: 1
Style: Bungalow
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $648/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata

Rooms

Main level

Kitchen: 2.97 x 2.62 meters
Other: 3.36 x 2.52 meters
Living room: 5.14 x 4.97 meters
Den: 3.08 x 2.46 meters
Primary Bedroom: 4.8 x 4.02 meters
Bedroom: 4.28 x 3.05 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Blinds
Flooring: Laminate
Exterior: Brick
Lot Features: Level lot, Irregular lot size, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Barrie listings, avg age

64d

Price / ft²

$415

List price

$540K

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 3-bed single family in Barrie has been listed for 56 days, which is 8 days fresher than the city average of 64. Act while there is still low competition.

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Listed by FARIS TEAM REAL ESTATE BROKERAGE · MARK FARIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9J)

This home lists at $539,900, about 6.4× the local median household income of $84,000.

Carrying it typically needs a household income of about $105,461 (20% down, 25-yr amortization, stress-tested) — roughly 26% above the area median.

Median household income: $84,000
Population: 2,272
Median age: 36.8
Owner / renter: 64% / 36%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA L9J)

$539,900· $415/ft²

For sale

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Full Cost Breakdown

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Down Payment5.37% · $28,990

Min 5.37%50%

Mortgage payment$2,833/mo

↳ CMHC premium ($20,436 capitalized)

Property tax (est.)$379/mo

Condo fee$648/mo

Total monthly$3,859

Cash Needed to Close

Down payment (5.37%)$28,990

Land transfer tax$7,273

Est. closing costs$4,120

Total cash needed$40,383

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