421 Yonge St
Painswick North, Barrie, L4N 4E1
FOR SALE
$1,245,000
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Property Description
TTENTION DEVELOPERS AND INVESTERS.OPORTUNITY FOR DEVELOPERS AND INVESTERS. An exceptional opportunity awaits with this bungalow for savvy investors and discerning end users alike. With its prime location exactly on Yonge Street. NEXT TO NEW DEVELOPMENT OF 373 RESIDENTIAL UNITES. . possibility of building 6-8 story buildings or urban back-to-back townhomes. Investors shall buy and hold it and expect high appreciation due to Yonge Street location and high demand for residential properties and condos in Barrie. Builders build apartment/condo building or townhomes in phases and quickly realize high potential development construction profit .
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-02 | 2024-11-30 | 121 | $1,245,000 | - | Expired |
2024-04-16 | 2024-07-31 | 106 | $1,245,000 | - | Expired |
2023-08-08 | 2023-09-20 | 43 | $1,350,000 | - | Terminated |
2019-04-04 | 2019-05-18 | 44 | $1,470 | $1,475 | Leased |
2019-01-08 | 2019-03-17 | 68 | $1,475 | - | Expired |
Extras
5 Reasons to BUY : 1)Superb location - Yonge Street , 2. High return .3) Faster and easier development project to construct and finance , 4. Favorable market and rental conditions in Barrie . 5. City of Barrie is Updating its zoning bylaw,
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
60' x 200'
Fronting
North
Taxes
$3,731 (2024)
Basement
Full, Unfinished
Exterior
Alum Siding, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Barrie Market Statistics
Barrie Price Trend
421 Yonge St is a 3-bedroom 1-bathroom home listed for sale at $1,245,000, which is $530,465 (74.2%) 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 1-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 Desire More Realty Inc.
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