240 Cundles Rd E
Little Lake, Barrie, L4M 6L1
FOR SALE
$950,000
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Property Description
Prime Development Land! 240&246 Cundles Rd East have to be Purchased Together. Total of 26,177 Square Feet of Prime Land. As per pre-consultation meeting a 4 storey residential building can be built. The area is school rich with community center, sports fields and Little Lake beaches & marina. Barrie is one of the fastest growing cities in Canada. Go Train connects it directly to Downtown Toronto. Barrie is part of Greater Golden Horseshoe an extended urban area just north of Toronto. Located 90 km (56 mi) north of Toronto. It is accessible via Highways 26, 400 & 11 and has convenient access to Highway 401, the Highway 407 Express Toll Route & to neighboring Toronto. Toronto Pearson International Airport is less than a one-hour drive from Barrie via Highway 400. The city has 3 airports for light aviation aircrafts. Barrie is home to Georgian College and the associated University Partnership Centre and Centre for Health and Wellness with 35,000 students enrolled, Royal Victoria Regional Health Centre, data & distribution centers for big corporations including IBM, BMO, TD Canada, Scotia Bank, Coca-Cola Bottling Company, Hydro One Ontario Grid Control Centre, The Source Distribution Centre, The Georgian Mall. Barrie also attracts tourists with many visiting to explore its historic downtown area & its beautiful waterfront. Barrie is a service center for ski resorts like Horseshoe Valley & Mt. St. Louis Moonstone and miles of popular snow mobile trails. Proximity to Canadian Forces Base Borden fuels demand for accommodation & services. The city also continues to bring in residents and tourists alike with its fine arts venues & attractions including marinas & sports complexes. Calling all builders and contractors! Build the newest condo in Barrie, Gateway to Vast Muskoka & Georgian Bay Recreation Areas and Resorts. Strong demand is there.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-25 | 2024-09-20 | 366 | $1,380,000 | - | Expired |
| 2021-05-07 | 2021-05-11 | 5 | $749,900 | $745,000 | Sold |
Property Features
Beach, Hospital, Lake/Pond, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
100' x 140'
Acreage
< .50
Lot Irregularities
MUst be sold with 246 Cundles
Fronting
North
Taxes
$3,270 (2023)
Basement
Part Bsmt
Exterior
Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 13.12' x 19.69' | |
| Dining | Main | 13.12' x 9.84' | |
| Kitchen | Main | 13.12' x 9.84' | |
| Prim Bdrm | Main | 13.12' x 9.84' | |
| 2nd Br | Main | 13.12' x 9.84' |
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Barrie Market Statistics
Barrie Price Trend
240 Cundles Rd E is a 2-bedroom 2-bathroom home listed for sale at $950,000, which is $204,153 (27.4%) higher than the average sold price of $745,847 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Barrie declined by $40,261 (5.1%) compared to the previous 30 day period (December 22 - January 20) and up $5,591 (0.8%) from the same time one year ago.Inventory Change
There were 30 2-bedroom homes listed in Barrie over the last 30 days (January 21 - February 19), which is up 15.4% compared with the previous 30 day period (December 22 - January 20) and down 23.1% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Barrie typically sold ($12,016) (1.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $114 increase compared to the previous 30 day period (December 22 - January 20) and ($11,403) 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 2-bedroom homes in Barrie over the last 30 days (January 21 - February 19) stood at 76.7%, down from 84.6% over the previous 30 days (December 22 - January 20) and up from 64.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Barrie stood at 20 days when successfully sold over the last 30 days (January 21 - February 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Specialists Inc.
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