119 D'Ambrosio Drive, Barrie, ON

$495,000
MLS#:S8490034
2 beds
1 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Painswick North. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $495,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 900-999 sqft
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this great 2-bed, 1-bath ground floor condo in Barrie's coveted South End. Perfect for empty nesters, first-time buyers, or investors. Large park-facing covered deck for you to enjoy. Inside, the open-concept living area features a cozy gas fireplace and direct deck access. The updated kitchen offers an eat-in nook and built in dishwasher. Plenty of natural light from the large windows. Enjoy park views from the spacious primary bedroom. Updated 4 piece washroom with walk in tub. A versatile laundry room doubles as a potential home office. Easy elder or young child access being on the ground level. One parking space included. Located near Barrie's downtown waterfront, Waterfront Go, Minet's Point park, highway 400, Tollendale Marina, schools, parks, and shopping. Two tiered deck with space for a potential garden

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Property Summary

This condo apartment located at 119 D'Ambrosio Drive, Barrie is currently for sale and has been available on SousaSells for 743 days. This property is listed at $495,000 with an estimated mortgage of $1,648* per month. It has 2 beds, 1 bathroom, and is 900-999 square feet. 119 D'Ambrosio Drive, Barrie is in the Painswick North neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 15, 2024
Sold price information is available to members only
Listed Date6/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementCrawl Space
CountySimcoe
Annual Tax$2,504

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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119 D'Ambrosio Drive, 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 119 D'Ambrosio Drive 50, Barrie, ON L4N 7R7

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.

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Interest Rate4.00%
Down Payment$148,500 (30.0%)
* Minimum Canadian down payment required for this price is $24,750.
Amortization Period30 Years
Estimated Monthly Payment$1,648Based on a loan of $346,500 over 30 years.
Purchase Price$495,000
Loan Amount$346,500
Provincial Land Transfer Tax:$6,375
Total Estimated Closing Taxes:$6,375

About Purchasing a Home in Barrie, ON

For a property listed at $495,000 in Barrie, the legal minimum down payment is $24,750 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 $6,375 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 $6,375.

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City & Neighborhood Guide

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

Verified Local Data
City Population212,856
City Median Age40 Yrs
City Ownership73% Owners
Avg Area List Price$778,081

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%

Local Schools Guide

Elementary Schools

Willow Landing
PublicBig Bay Point Road, Barrie, Ontario, L4N 8A8
5.2
St Michael the Archangel
Public349 Big Bay Point Road, Barrie, Ontario, L4N 8A2
6.2
Assikinack
Public226, Barrie, Ontario, L4N 6L3
5.4
Mapleview Heights
Public180 Esther Drive, Barrie, Ontario, L4N 9S9
5.3
La Source
Public70 Madelaine Drive, Barrie, Ontario, L4N 9T2
6.0

Secondary Schools

St. Peter’s
Catholic201 Ashford Drive, Barrie, Ontario, L4N 6A3
4.6
Innisdale
Public87 Little Avenue, Barrie, Ontario, L4N 4K8
6.8

Homes & Housing

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.