39 Grove Street, Barrie, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Queen's Park. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $649,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 84 x 140 ft lot
- Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Exceptional opportunity in the heart of Central Barrie with zoning that allows for tri-plex potential, offering incredible flexibility for investors, builders, or buyers looking to secure a property with future income possibilities. The neighbouring property at 45 Grove Street West is also available, creating a rare opportunity to secure side-by-side oversized lots, ideal for extended family, investment, or future possibilities. Properties like this are rarely offered, especially with a lot this size in such a prime in-town location. Set on an oversized lot that is hard to find within the city, the property features a private backyard retreat complete with a built-in BBQ area and wood-burning stove, creating a unique outdoor space perfect for entertaining or relaxing. The home has seen numerous updates over the years, including updated electrical, central air conditioning, high-efficiency furnace, and a newly finished bathroom, making it comfortable to live in while planning renovations, expansion, or redevelopment. Located just minutes from downtown, Barrie's premiere waterfront, shopping, schools and parks. Excellent commuter location. Minutes from Highway 400 and the Waterfront Go Train. This property offers the perfect combination of location, lot size, and future potential.
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Pricing & Value Insights
Data-driven valuation for 39 Grove Street W, Barrie, ON L4N 1M6
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About Purchasing a Home in Barrie, ON
For a property listed at $649,900 in Barrie, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.
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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.