158 Penetang Street, Barrie, ON
Property no longer active
This property was sold on November 26, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Codrington. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,425,000 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.
- 10 Bedrooms and 5 Bathrooms with 5 functional kitchens
- Premium 76 x 107.26 ft lot size
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Separate Hydro Meter
- Efficient forced air heating via gas
Description
Each of the 2-bedroom units features 1 bathroom, with potential for an additional bedroom and bathroom below gradebuyer or buyer's agent to perform due diligence*. The property boasts a paved driveway completed in 2022 and a newer rear fence, enhancing its curb appeal and functionality. Purpose Built! Each unit is equipped with separate electrical breaker panels, water service, and heating system for convenience and utility efficiency. LOCATION, LOCATION! Ideally situated close to major amenities, including Georgian Mall and Bayfield Mall, the property offers residents ample shopping and dining options. It is also conveniently located near public transit routes and just minutes to Kempenfelt Park, Downtown Barrie, Georgian College, and RVH. This building represents a seamless investment opportunity with strong rental income and professional management ready for assumption if needed, ensuring a stress-free ownership experience. Financial details are available upon request.
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Property Summary
This multiplex located at 158 Penetang Street, Barrie is currently for sale and has been available on SousaSells for 702 days. This property is listed at $1,425,000 with an estimated mortgage of $4,743* per month. It has 10 beds, 5 bathrooms, and is unknown square feet. 158 Penetang Street, Barrie is in the Codrington neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 10 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Codrington, Barrie.
- •10 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •Desirable Multiplex architecture in Codrington, Barrie
Growing families needing multi-bedroom flexibility and space in Codrington, Barrie.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
- Park
- School
Interior Features
- Separate Hydro Meter
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 158 Penetang Street, Barrie, ON
Q.What is the asking price for 158 Penetang Street, Barrie, ON ?
The current listing price for 158 Penetang Street, Barrie, ON in Codrington, Barrie is $1,425,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 10 bedrooms and 5 bathrooms.
Q.What property type and architectural style is 158 Penetang Street, Barrie, ON ?
158 Penetang Street, Barrie, ON is a Multiplex (2-Storey) featuring a Full, Partially Finished basement.
Q.What key property features does 158 Penetang Street, Barrie, ON offer?
Key property features include: Public Transit, Park, School.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 158 Penetang Street, Barrie, ON L4M 1V8
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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 $1,425,000 in Barrie, the legal minimum down payment is $285,000 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 $24,975 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 $24,975.
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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.