24 North Street, Barrie, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Wellington. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,588,888 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 6 Bathrooms with 3 functional kitchens
- Premium 92.05 x 214.18 ft lot size
- equipped with [no] central cooling and highly efficient baseboard heating
Description
This expansive 43-bedroom rooming house offers exceptional scale, versatility, and income potential. Featuring two oversized kitchens and a layout well-suited for high-capacity living, the property sits on a large lot with ample on-site parking, providing convenience for tenants and operational flexibility for the owner. Currently 75% occupied, the building offers immediate cash flow with significant upside-allowing you to select and place additional tenants of your choosing to optimize revenue. With its configuration and proximity to the local college, the property may also be an excellent candidate for student housing, offering strong demand and consistent rental performance. The main building is in good condition, supporting both turnkey operation and future value-add strategies. Please note that the 3-bedroom home at the front of the property is not included in this sale, as it is currently in the process of being severed. Lot dimensions shown are from GeoWarehouse and will be reduced upon completion of the severance. This is a rare opportunity to acquire a high-capacity residential investment with substantial growth potential in a desirable location.
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Property Summary
This investment located at 24 North Street, Barrie is currently for sale and has been available for 496 days. This property is listed at $2,588,888 with an estimated mortgage of $8,617* per month. It has 0 beds, 6 bathrooms, and is unknown square feet. 24 North Street, Barrie is in the Wellington neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Wellington, Barrie.
- •6 well-appointed bathrooms
- •Desirable Investment architecture in Wellington, Barrie
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Barrie?
If you are looking for a house in Barrie or researching Barrie real estate for sale, this investment at 24 North Street, Barrie, ON offers an exceptional opportunity to buy a home in Barrie, Ontario. Whether you are a first-time Barrie home buyer or comparing active Barrie MLS® homes for sale, working with a dedicated Barrie buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Barrie Buyer Budget & Costs
Estimated mortgage: $8,617*/month*. Estimated Ontario Land Transfer Tax: $51,197. First-time Barrie home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Barrie
Frequently Asked Questions about 24 North Street, Barrie, ON
Q.What is the asking price for 24 North Street, Barrie, ON ?
The current listing price for 24 North Street, Barrie, ON in Wellington, Barrie is $2,588,888.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 6 bathrooms.
Q.What property type and architectural style is 24 North Street, Barrie, ON ?
24 North Street, Barrie, ON is a Investment () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via [No].
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Wellington, Barrie
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 24 North Street N, Barrie, ON L4M 2R9
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 $2,588,888 in Barrie, the legal minimum down payment is $517,778 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 $51,197 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 $51,197.
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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.
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