16 HERRELL Avenue, Barrie, ON
Property no longer active
This property was sold on October 19, 2024. This listing is for reference purposes only. to view the sold price.
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
- Efficient forced air heating via gas
Description
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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Property Summary
This duplex located at 16 HERRELL Avenue, Barrie is currently for sale and has been available on SousaSells for 701 days. This property is listed at $775,000 with an estimated mortgage of $2,580* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 16 HERRELL Avenue, Barrie is in the Allandale neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Allandale, Barrie.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Allandale, Barrie.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Lake/Pond
- Library
- Park
- Public Transit
- Rec./Commun.Centre
Interior Features
- None
Security Features
- Carbon Monoxide Detectors
- Smoke Detector
Community Features
None listed
Frequently Asked Questions about 16 HERRELL Avenue, Barrie, ON
Q.What is the asking price for 16 HERRELL Avenue, Barrie, ON ?
The current listing price for 16 HERRELL Avenue, Barrie, ON in Allandale, Barrie is $775,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 16 HERRELL Avenue, Barrie, ON ?
16 HERRELL Avenue, Barrie, ON is a Duplex (Bungalow-Raised) featuring a Finished, Separate Entrance basement.
Q.What key property features does 16 HERRELL Avenue, Barrie, ON offer?
Key property features include: Hospital, Lake/Pond, Library, Park, Public Transit, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.What security features are installed at 16 HERRELL Avenue, Barrie, ON ?
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Attached).
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 16 HERRELL Avenue, Barrie, ON L4N 6T5
Based on 0 recent similar sales in the pocket.
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 $775,000 in Barrie, the legal minimum down payment is $52,500 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 $11,975 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 $11,975.
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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.