279 Blake St
North Shore, Barrie, L4M 1K7
FOR SALE
$848,000
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Property Description
Investor Or First-Time Buyers Dream! This Duplex Features Three Fully Self-Contained Apartments, Each With A Separate Electrical Meter, Tenants Cover Their Own Hydro. The Main Floor Boasts A Newly Renovated 2-Bedroom Unit, Offering Modern Finishes And Comfort. The Roof Was Replaced In 2021, Ensuring Peace Of Mind For Years To Come. Nestled In A Desirable Neighborhood Near Transit, Grocery Stores, Pharmacies, And The Local Farmers Market, This Property Is Also Just Minutes From Lake Simcoe And Johnsons Beach. Live In One Unit And Rent The Others To Help Offset Your Mortgage. An Ideal Blend Of Community Living And Financial Savvy!
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Property Details
Street
Community
City
Property Type
Duplex, Backsplit 3
Lot Size
58' x 140'
Fronting
South
Taxes
$6,077 (2024)
Basement
Fin W/O
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Barrie Market Statistics
Barrie Price Trend
279 Blake St is a 4-bedroom 3-bathroom home listed for sale at $848,000, which is $77,779 (8.4%) lower than the average sold price of $925,779 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 4 bedroom home in Barrie declined by $33,718 (3.5%) compared to the previous 30 day period (September 22 - October 21) and up $54,946 (6.3%) from the same time one year ago.Inventory Change
There were 98 4-bedroom homes listed in Barrie over the last 30 days (October 22 - November 20), which is down 1.0% compared with the previous 30 day period (September 22 - October 21) and down 5.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Barrie typically sold ($22,724) (2.5%) below asking price over the last 30 days (October 22 - November 20), which represents a $6,276 increase compared to the previous 30 day period (September 22 - October 21) and ($43,157) 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 4-bedroom homes in Barrie over the last 30 days (October 22 - November 20) stood at 39.8%, down from 40.4% over the previous 30 days (September 22 - October 21) and up from 23.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Barrie stood at 28 days when successfully sold over the last 30 days (October 22 - November 20), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Experts
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