116 Gunn Street, Barrie, ON

$589,900
MLS#:S9263346
3 beds
1 baths
700-1100 sqft
4.0 parking
Residential Freehold
116 Gunn Street, Barrie, ON L4M 2H7
⚠️

Property no longer active

This property was sold on September 6, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of City Centre. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $589,900 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 51 x 100 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Located in the highly desirable East end of Barrie, this charming three-bedroom, one-bathroom home is the perfect starter home, or an ideal option for those looking to downsize. Situated close to schools, parks, downtown, and the picturesque Lake Simcoe, this property offers convenience and a great quality of life. This home boasts newer features, including a durable metal roof and double-hung vinyl windows, which allow for easy cleaning and maintenance. The layout is efficient and cozy, providing a welcoming atmosphere for family living. The private, fully fenced backyard is a standout feature, offering a tranquil retreat with a shed for extra storage and a lovely pergola positioned on a 10ft by 20ft deck, perfect for outdoor dining or relaxation. With quick access to Highway 400, commuting is a breeze, and essential amenities are just minutes away. The Royal Victoria Hospital and Georgian College are nearby, making this location exceptionally convenient for healthcare and education needs. This home offers a fantastic opportunity to live in a sought-after area with all the conveniences and amenities Barrie has to offer. Don't miss out on the chance to make this house your home!

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Property Summary

This detached home located at 116 Gunn Street, Barrie is currently for sale and has been available on SousaSells for 717 days. This property is listed at $589,900 with an estimated mortgage of $1,964* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 116 Gunn Street, Barrie is in the City Centre neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in City Centre, Barrie.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Barrie.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 6, 2024
Sold price information is available to members only
Listed Date8/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding
BasementFull, Partially Finished
Lot Size51 × 100 Feet
CountySimcoe
Annual Tax$3,573
Legal DescriptionLT 12 PL 1055 BARRIE; BARRIE

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Beach
  • Hospital
  • Library
  • Park
  • Place Of Worship
  • Public Transit

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 116 Gunn Street, Barrie, ON

Q.What is the asking price for 116 Gunn Street, Barrie, ON ?

The current listing price for 116 Gunn Street, Barrie, ON in City Centre, Barrie is $589,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 116 Gunn Street, Barrie, ON ?

116 Gunn Street, Barrie, ON is a Detached (2-Storey) featuring a Full, Partially Finished basement.

Q.What key property features does 116 Gunn Street, Barrie, ON offer?

Key property features include: Beach, Hospital, Library, Park, Place Of Worship, Public Transit.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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116 Gunn Street, Barrie, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 116 Gunn Street, Barrie, ON L4M 2H7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Barrie.

Configure Loan Settings

Interest Rate4.00%
Down Payment$176,970 (30.0%)
* Minimum Canadian down payment required for this price is $33,990.
Amortization Period30 Years
Estimated Monthly Payment$1,964Based on a loan of $412,930 over 30 years.
Purchase Price$589,900
Loan Amount$412,930
Provincial Land Transfer Tax:$8,273
Total Estimated Closing Taxes:$8,273

About Purchasing a Home in Barrie, ON

For a property listed at $589,900 in Barrie, the legal minimum down payment is $33,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,273 for this transaction. As this listing is in Barrie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,273.

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City Centre, Barrie Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for City Centre, Barrie.

Verified Local Data
City Population212,856
City Median Age40 Yrs
City Ownership73% Owners
Avg Area List Price$1,038,779

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
28%
Other households
1%

Top Ethnic Origins

English26%
Scottish21%
Irish21%
Canadian17%

Best Schools in City Centre, Barrie

Elementary Schools

Hillcrest
Public184 Toronto Street, Barrie, Ontario, L4N 1V5
4.0
Oakley Park
Public22, Barrie, Ontario, L4M 3R8
3.7
Codrington
Public217, Barrie, Ontario, L4M 1S4
8.0
Portage View
Public124 Letitia Street, Barrie, Ontario, L4N 1P5
3.5
St Mary's
Public340 Leacock Drive, Barrie, Ontario, L4N 6J8
6.6

Secondary Schools

Barrie North
Public110 Grove Street East, Barrie, Ontario, L4M 2P3
7.0
Nouvelle-Alliance
Public249 Anne Street North, Barrie, Ontario, L4N 0B5
6.4
St. Joseph’s
Catholic243 Cundles Road East, Barrie, Ontario, L4M 6L1
5.5

City Centre, Barrie Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied73%
Rented27%

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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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.