132 Esther Drive, Barrie, ON
Property Highlights
Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of Painswick South. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $889,000 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.
- 3 Bedrooms and 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 57.74 x 107.48 ft lot
- Features a separate entrance, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This legal duplex bungalow is a prime investment opportunity in a great location in South Painswick, in Barrie. With two fully separate legal units-an upper and a lower unit-you can live in one and rent out the other to help cover your mortgage. Alternatively, you can rent both units for maximum income potential. Plus, there's even a possibility to add a third unit in the basement area, further boosting your returns. Don't miss out on this versatile property in a sought-after area. Bright and Spacious 2 Apartments W/ Great Tenants! Each Unit Has It's Own Laundry! Must See!
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Pricing & Value Insights
Data-driven valuation for 132 Esther Drive, Barrie, ON L4N 0V5
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Barrie, ON
For a property listed at $889,000 in Barrie, the legal minimum down payment is $63,900 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 $14,255 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 $14,255.
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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.