16 HERRELL Avenue, Barrie, ON

$775,000
MLS#:S9302542
5 beds
2 baths
700-1100 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] duplex located in the coveted neighborhood of Allandale. Expertly crafted featuring premium other and brick construction, this residence presents an exceptional opportunity offered at $775,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 49.22 x 114.85 ft lot
  • Features a ["finished", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Ample parking with 2.00 garage spaces (6.0 total parking spaces) with a convenient attached configuration
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

INVESTORS! Looking to add to your investment portfolio? New to real estate investment? Looking to live onsite with rental income to offset your expense? This is the property for you! Updated, renovated raised detached bungalow with legal 2nd suite in established neighbourhood of Barrie. UNIT 1 - Upper Level - offers 3 bedrooms, kitchen, living room, full bath and convenience of laundry (currently vacant - set the rent for the next tenant).UNIT 2 - Lower Level - offers 2 bedrooms, kitchen, living room, full bath and convenience of laundry (currently tenanted, month to month).Appliances included for each unit - fridge, stove, washer, dryer. Steps to public transit. Easy access to GO Train and commuter routes - north to cottage country - south to the GTA. Key amenities are nearby - services, shopping, entertainment, recreation.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 19, 2024
Sold price information is available to members only
Listed Date9/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionOther, Brick
Lot Size49.22 × 114.85 Feet
CountySimcoe
Annual Tax$4,235
Legal DescriptionPLAN M313, LOT 291, CITY OF BARRIE

Parking & Garage

Parking Spaces6.0
Garage Spaces2.00
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Hospital, Lake/Pond, Library, Park, Public Transit, Rec./Commun.Centre

Community Features

Location

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16 HERRELL Avenue, Barrie, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 HERRELL Avenue, Barrie, ON L4N 6T5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$620,000
Monthly Mortgage$3,602
Property Tax (Est.)$353
Utilities & Maint.$350
Total Monthly Cost$4,305

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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