14-16 PEEL St
Codrington, Barrie, L4M 3K8
FOR SALE
$2,095,000
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Property Description
ATTENTION INVESTORS - FOUR HOMES ON ONE PROPERTY!!! Beautiful & well kept Victorian home converted to two units plus three 1350 sq ft townhomes, two w/walkout basement apartments. Total of SEVEN rental units, fully occupied with $150,000+ annual rental income. All units come with separate laundry. Massive 109' x 165' lot with RM2 zoning, potential for development/expansion. Many recent upgrades & renos in 2024. RARE one of a kind opportunity!!! Financial details available upon request. VTB available.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-28 | 2024-07-26 | 59 | $2,095,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
110' x 168'
Fronting
West
Taxes
$11,682 (2023)
Basement
Apartment, W/O
Exterior
Brick, Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
9
Driveway
Mutual
Garage Type
None
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Barrie Market Statistics
Barrie Price Trend
14-16 PEEL St is a 5-bedroom 5-bathroom home listed for sale at $2,095,000, which is $1,173,625 (127.4%) higher than the average sold price of $921,375 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Barrie increased by $162,375 (21.4%) compared to the previous 30 day period (December 22 - January 20) and up $135,375 (17.2%) from the same time one year ago.Inventory Change
There were 9 5-bedroom homes listed in Barrie over the last 30 days (January 21 - February 19), which is up 80.0% compared with the previous 30 day period (December 22 - January 20) and down 25.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Barrie typically sold ($48,373) (5.3%) below asking price over the last 30 days (January 21 - February 19), which represents a $42,527 increase compared to the previous 30 day period (December 22 - January 20) and ($12,557) less 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 5-bedroom homes in Barrie over the last 30 days (January 21 - February 19) stood at 44.4%, up from 20.0% over the previous 30 days (December 22 - January 20) and down from 58.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Barrie stood at 34 days when successfully sold over the last 30 days (January 21 - February 19), compared to 93 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage First Contact Realty
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