56 Gray Lane, Barrie, ON

$1,699,900
MLS#:S12321425
4 beds
3 baths
1100-1500 sqft
6.0 parking
Residential Freehold
56 Gray Lane, Barrie, ON L4N 7T1
⚠️

Property no longer active

This property was sold on September 23, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of South Shore. Expertly crafted featuring premium aluminum siding and wood construction, this residence presents an exceptional opportunity offered at $1,699,900 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.

  • 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 51 x 315.82 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: On Demand Water Heater, Water Softener, Primary Bedroom - Main Floor
  • equipped with other central cooling and highly efficient heat pump heating via gas

Description

A rare opportunity to own this renovated waterfront property on Kempenfelt Bay. Ideal for multigenerational families, shared ownership, or buyers seeking flexibility with rental or in-law potential. Situated on a deep 315-foot in-town lot with up to 50' of private waterfront, this home offers two self-contained living areas, two garages, and ample parking for family, guests, or recreational use. The main residence offers an open-concept layout with a spacious kitchen, large island, and ample cabinetry - perfect for entertaining or everyday family living. A walkout to the backyard provides the perfect setting to enjoy picturesque sunsets over the bay. This unit includes three generously sized bedrooms, two full bathrooms, a finished recreation room in the basement, and direct access to an attached single-car garage. The in-law suite is fully self-contained with a private side entrance and features a modern, tastefully finished layout. Including a bright 1-bedroom, 3-piece bathroom, a full eat-in kitchen, and a cozy living area - perfect for extended family or guests. All of this is located just minutes from Downtown Barrie, Barrie South GO Station, Centennial Beach, Royal Victoria Hospital, and local shops, dining, and waterfront parks. Whether youre searching for a family waterfront retreat, a multigenerational living solution, or a smart option for shared ownership or supplemental rental income, this property offers exceptional versatility, privacy, and value in one of Barries most desirable waterfront pockets.

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Property Summary

This detached home located at 56 Gray Lane, Barrie is currently for sale and has been available on SousaSells for 370 days. This property is listed at $1,699,900 with an estimated mortgage of $5,658* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 56 Gray Lane, Barrie is in the South Shore 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 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in South Shore, Barrie.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in South Shore, Barrie.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 21, 2025
Sold price information is available to members only
Listed Date8/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionAluminum Siding, Wood
BasementFinished, Separate Entrance
Lot Size51 × 315.82 Feet
CountySimcoe
Annual Tax$11,598.78
Legal DescriptionLT 10 PL 659 INNISFIL EXCEPT PT 4 51R31648, T/W RO725157; BARRIE

Parking & Garage

Parking Total6.0
Parking Space5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingOther

Features

Property Features

  • Lake/Pond
  • Waterfront
  • Beach
  • Cul de Sac/Dead End
  • School Bus Route

Interior Features

  • On Demand Water Heater
  • Water Softener
  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 56 Gray Lane, Barrie, ON

Q.What is the asking price for 56 Gray Lane, Barrie, ON ?

The current listing price for 56 Gray Lane, Barrie, ON in South Shore, Barrie is $1,699,900.

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

This property features 4 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 56 Gray Lane, Barrie, ON ?

56 Gray Lane, Barrie, ON is a Detached (Bungalow-Raised) featuring a Finished, Separate Entrance basement.

Q.What key property features does 56 Gray Lane, Barrie, ON offer?

Key property features include: Lake/Pond, Waterfront, Beach, Cul de Sac/Dead End, School Bus Route.

Q.What interior features are included in this home?

Interior highlights include: On Demand Water Heater, Water Softener, Primary Bedroom - Main Floor.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Other.

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Location

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56 Gray Lane, 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 56 Gray Lane, Barrie, ON L4N 7T1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$509,970 (30.0%)
* Minimum Canadian down payment required for this price is $339,980.
Amortization Period30 Years
Estimated Monthly Payment$5,658Based on a loan of $1,189,930 over 30 years.
Purchase Price$1,699,900
Loan Amount$1,189,930
Provincial Land Transfer Tax:$30,473
Total Estimated Closing Taxes:$30,473

About Purchasing a Home in Barrie, ON

For a property listed at $1,699,900 in Barrie, the legal minimum down payment is $339,980 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 $30,473 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 $30,473.

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South Shore, Barrie Neighborhood Guide

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

Verified Local Data
City Population212,856
City Median Age40 Yrs
City Ownership73% Owners
Avg Area List Price$1,785,250

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 South Shore, Barrie

Elementary Schools

Algonquin Ridge
Public191 Golden Meadow Road, Barrie, Ontario, L4N 9R6
6.8
Assikinack
Public226, Barrie, Ontario, L4N 6L3
5.4
Willow Landing
PublicBig Bay Point Road, Barrie, Ontario, L4N 8A8
5.2
St Michael the Archangel
Public349 Big Bay Point Road, Barrie, Ontario, L4N 8A2
6.2
Allandale Heights
Public124 Bayview Drive, Barrie, Ontario, L4N 3P4
4.4

Secondary Schools

St. Peter’s
Catholic201 Ashford Drive, Barrie, Ontario, L4N 6A3
4.6
Innisdale
Public87 Little Avenue, Barrie, Ontario, L4N 4K8
6.8
Eastview
Public421 Grove Street East, Barrie, Ontario, L4M 5S1
7.0

South Shore, 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.