196 Burton Avenue, Barrie, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Allandale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,275,000 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.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning 5000 + sqft on a premium 155.84 x 79 ft lot
- Notable attributes: Other
Description
***Extraordinary Opportunity For Investors!*** This Property Is Already Zoned For A Mixed Residential Commercial/Use. 6 Townhouses With 6 Commercial Units On The Ground Floor At Street Level. Permits & Surveys Have Already Been Approved From The City. Engineer's Stamped Drawings Ready & Available To See.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 196 Burton Avenue, Barrie, ON L4N 2R6
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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 $1,275,000 in Barrie, the legal minimum down payment is $255,000 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 $21,975 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 $21,975.
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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.