76 Henry Street, Barrie, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Queen's Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $625,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 77 x 110 ft lot size
Description
Prime development opportunity in a central location! Currently zoned RM1, this property offers a range of permitted uses. Buyers are encouraged to conduct their own due diligence regarding current and future potential. Situated on a premium 77ft x 110ftcorner lot with convenient access to shopping, major highways, and everyday amenities. The lot configuration presents a strong opportunity for severance, with potential to create two lots (buyer to verify). Ideal for builders, investors, or end users looking to develop a custom home or explore multi-residential possibilities in Barrie. Buyer & Buyer's agent to conduct their own Due Diligence.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 76 Henry Street, Barrie, ON L4N 1C7
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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 $625,000 in Barrie, the legal minimum down payment is $37,500 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 $8,975 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 $8,975.
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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.