Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Wellington. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $674,000 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.
Attention investors, first-time buyers, and developers! Welcome to 26 Shannon Street, a recently renovated full-brick detached bungalow offering incredible value in Barrie's desirable east end. Situated on a huge 54 x 165 ft lot, this move-in-ready home delivers space, flexibility, and future potential at an attractive price point.The main level offers a bright and functional layout with comfortable living space and tasteful updates throughout, making it easy to move in and enjoy right away. A separate entrance to the basement provides excellent potential for extended family, in-law capability, or future income possibilities. The oversized lot offers endless outdoor potential, including garden suite potential in the backyard, with mature surroundings and plenty of room to entertain, garden, or expand your lifestyle.A detached 1.5-car garage adds even more value, offering parking, storage, workshop space, or the perfect setup for a workshop, hobby space, or man cave. The property also features parking for up to 5 cars and is located on a not-through street, adding extra privacy and convenience.Located close to schools, Georgian College, RVH Hospital, shopping, parks, public transit, Highway 400, and Barrie's waterfront, this property is perfectly positioned for both homeowners and investors. Whether you are looking for your first home, a turnkey investment, a property with long-term upside, or a development opportunity, 26 Shannon Street is a must-see opportunity in an established Barrie neighbourhood.
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Fenced Yard, Hospital, Park, Public Transit
In-Law Capability
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This could be the first listing for this address.
Data-driven valuation for 26 Shannon Street, Barrie, ON L4M 2K8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Barrie.
About Purchasing a Home in Barrie, ON
For a property listed at $674,000 in Barrie, the legal minimum down payment is $42,400 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 $9,955 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 $9,955.
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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.