102 Peel St
Wellington, Barrie, L4M 3L4
FOR SALE
$999,900
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Property Description
Remarks/DirectionsPublic:Multi-residential opportunity with tons of Victorian charm on a huge 71' X 164' lot in the heart of Barrie with some very interesting options to consider. Currently the building is recognised as a triplex however the property has been approved to be reconfigured to up to 6 units! Layouts for new configuration available on request and the buyer must conduct their own due diligence relating to any and all costs associated in making any unit count changes. In a city where more people need more rental units, this property is a prime example of a gem with a potential to play out a core real estate principle of highest and best use!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-13 | 2024-09-10 | 123 | $1,098,900 | - | Expired |
| 2020-04-02 | 2020-08-11 | 132 | $369,900 | - | Expired |
| 2020-03-11 | 2020-04-02 | 22 | $409,900 | - | Terminated |
| 2020-01-28 | 2020-03-11 | 43 | $424,900 | - | Terminated |
| 2019-08-23 | 2019-12-13 | 112 | $424,900 | - | Terminated |
| 2019-05-03 | 2019-08-22 | 111 | $449,900 | - | Expired |
| 2020-05-29 | 2020-08-27 | 90 | $699,900 | - | Expired |
| 2020-04-02 | 2020-08-11 | 131 | $369,900 | - | Expired |
| 2020-03-17 | 2020-05-29 | 73 | $699,900 | - | Terminated |
| 2020-03-11 | 2020-04-02 | 22 | $409,900 | - | Terminated |
| 2020-01-28 | 2020-03-10 | 42 | $424,900 | - | Terminated |
| 2019-08-23 | 2019-12-13 | 112 | $424,900 | - | Terminated |
| 2019-05-03 | 2019-09-23 | 143 | $449,900 | - | Expired |
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
72' x 164'
Acreage
< .50
Fronting
East
Taxes
$5,423 (2023)
Basement
Full
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
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Barrie Market Statistics
Barrie Price Trend
102 Peel St is a 3-bedroom 3-bathroom home listed for sale at $999,900, which is $285,365 (39.9%) higher than the average sold price of $714,535 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 3 bedroom home in Barrie declined by $28,388 (3.8%) compared to the previous 30 day period (November 18 - December 17) and down $44,928 (5.9%) from the same time one year ago.Inventory Change
There were 84 3-bedroom homes listed in Barrie over the last 30 days (December 18 - January 16), which is up 2.4% compared with the previous 30 day period (November 18 - December 17) and up 52.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Barrie typically sold ($13,435) (1.9%) below asking price over the last 30 days (December 18 - January 16), which represents a $4,024 increase compared to the previous 30 day period (November 18 - December 17) and ($14,082) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Barrie over the last 30 days (December 18 - January 16) stood at 63.1%, down from 108.5% over the previous 30 days (November 18 - December 17) and down from 85.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Barrie stood at 33 days when successfully sold over the last 30 days (December 18 - January 16), compared to 86 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 B.J. Roth Realty Ltd.
Similar Listings
Attention investors! Legal Triplex in prime location. Fully rented. All units have separate hydro meters and laundries. Unit 1: 1 1/2storey plus basement, 2 bedrooms. Unit 2: 2storey 3 bedrooms , Unit 3: basement 2 bedrooms. Detached Heated Garage. Back Steel Roof.
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