501 Grove Street, Barrie, ON

$899,000
MLS#:S11836361
5 beds
4 baths
2500-3000 sqft
4.0 parking
Residential Freehold
501 Grove Street E, Barrie, ON L4M 5Z4
⚠️

Property no longer active

This property was sold on January 1, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Grove East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,000 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 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 49.21 x 109.91 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

All renovated, and ready to go! If you need space but don't need to spend money on upgrades - this one's for you. The kids can walk to school and you can walk to shopping and restaurants from this immaculate 4+2 bedroom. 3+1 bathroom all-brick home in Barrie's established east end. Virtually every facet of this move-in property has been upgraded and renovated from the original, including taking down walls on the main floor to create a spacious and airy open plan living area. A two storey foyer with winding staircase makes a great welcoming statement. On the right the den offers a quiet retreat, and straight ahead the wide open L-shaped kitchen/dining/family room is the hub of the home, with all new engineered hardwood flooring installed last year. The kitchen was fully and tastefully re-fitted in 2017, along with the live edge stone corner fireplace in the family room. There are three full bathrooms as well as a powder room, and each one has been upgraded from the original. A brand new bathroom installed on the lower level, where there are two bedrooms and a rec room, offering flexibility and potential for multi-family living. A fully fenced south facing rear yard, and hardscaping and landscaping make this property as appealing outside as it is inside. 2500 sq ft above grade and almost 3500 sq ft total living area. Room to grow!

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Property Summary

This detached home located at 501 Grove Street, Barrie is currently for sale and has been available on SousaSells for 611 days. This property is listed at $899,000 with an estimated mortgage of $2,992* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 501 Grove Street, Barrie is in the Grove East neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Grove East, Barrie.

Highly Recommended for Families
What We Love About This Home
  • 5 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 2500-3000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Grove East, Barrie.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 1, 2025
Sold price information is available to members only
Listed Date12/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFull, Finished
Lot Size49.21 × 109.91 Feet
CountySimcoe
Annual Tax$5,062
Legal DescriptionPCL 16-1 SEC 51M267; LT 16 PL 51M267; S/T LT84724; BARRIE

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Public Transit
  • School
  • Hospital
  • Library
  • Park

Interior Features

  • Water Softener

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 501 Grove Street, Barrie, ON

Q.What is the asking price for 501 Grove Street, Barrie, ON ?

The current listing price for 501 Grove Street, Barrie, ON in Grove East, Barrie is $899,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 4 bathrooms across approximately 2500-3000 sqft.

Q.What property type and architectural style is 501 Grove Street, Barrie, ON ?

501 Grove Street, Barrie, ON is a Detached (2-Storey) featuring a Full, Finished basement.

Q.What key property features does 501 Grove Street, Barrie, ON offer?

Key property features include: Public Transit, School, Hospital, Library, Park.

Q.What interior features are included in this home?

Interior highlights include: Water Softener.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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501 Grove Street, Barrie, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 501 Grove Street E, Barrie, ON L4M 5Z4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Barrie.

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Interest Rate4.00%
Down Payment$269,700 (30.0%)
* Minimum Canadian down payment required for this price is $64,900.
Amortization Period30 Years
Estimated Monthly Payment$2,992Based on a loan of $629,300 over 30 years.
Purchase Price$899,000
Loan Amount$629,300
Provincial Land Transfer Tax:$14,455
Total Estimated Closing Taxes:$14,455

About Purchasing a Home in Barrie, ON

For a property listed at $899,000 in Barrie, the legal minimum down payment is $64,900 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 $14,455 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 $14,455.

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Grove East, Barrie Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Grove East, Barrie.

Verified Local Data
City Population212,856
City Median Age40 Yrs
City Ownership73% Owners
Avg Area List Price$1,124,742

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
28%
Other households
1%

Top Ethnic Origins

English26%
Scottish21%
Irish21%
Canadian17%

Best Schools in Grove East, Barrie

Elementary Schools

Steele Street
Public36, Barrie, Ontario, L4M 2E7
4.0
Johnson Street
Public105 Johnson Street, Barrie, Ontario, L4M 4R4
6.0
Maple Grove
Public242, Barrie, Ontario, L4M 2P9
5.9
Codrington
Public217, Barrie, Ontario, L4M 1S4
8.0
Frère-André
Public273, Barrie, Ontario, L4M 6L1
4.3

Secondary Schools

Eastview
Public421 Grove Street East, Barrie, Ontario, L4M 5S1
7.0
St. Joseph’s
Catholic243 Cundles Road East, Barrie, Ontario, L4M 6L1
5.5
Barrie North
Public110 Grove Street East, Barrie, Ontario, L4M 2P3
7.0
Nouvelle-Alliance
Public249 Anne Street North, Barrie, Ontario, L4N 0B5
6.4

Grove East, Barrie Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied73%
Rented27%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.