47 Grove St E
Wellington, Barrie, L4M 2N9
FOR SALE
$974,000
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4 + 1
BEDROOMS4
BATHROOMS2 + 1
KITCHENS8 + 2
ROOMSS11965245
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Property Description
Legal Conforming Triplex 3 Units - Newly Renovated and Ready for You!Welcome to this beautifully renovated 3-unit building, where modern living meets comfort and convenience. Perfect for investors or those looking for multi-family living, this property boasts a range of contemporary upgrades that enhance both aesthetic appeal and functionality. Vacant Set your own rents! Main unit 3 Bedrooms, 2 Baths, + Den, In suite Laundry, Renovated Kitchen and Baths, new doors and several windows ,separate hydro meter, gas heat, own meter Unit 1 1 Bedroom, 1 Bath, In suite Laundry, Completely renovated , separate hydro, new windows and door. Heat Pump with backup baseboard heat Unit 2 Bachelor, 1 Bath, In suite Laundry, separate hydro meter, newly created, new windows and doors Heat Pump with backup baseboard heat Freshly Renovated Interiors: Each unit has been meticulously updated with modern finishes, ensuring a fresh and inviting atmosphere for residents. Modern Flooring and Fresh Paint: The property shines with new flooring throughout and fresh paint on every wall, creating a cohesive and modern look that is move-in ready.New sod laid front and back, large parking area Location:This prime location is not only a great investment opportunity but also offers easy access to local amenities, parks, schools, and public transportation, making it ideal for families and professionals alike.Investment Potential:With three distinct units, this building offers diverse rental income opportunities. Each unit is designed for comfort and efficiency, appealing to a wide range of tenants. One Director of Selling Corp is a Registered Real Estate Salesperson
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Property Features
Public Transit, School
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Property Details
Street
Community
City
Property Type
Triplex, Bungalow
Lot Size
64' x 112'
Fronting
South
Taxes
$4,574 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Heat Pump
Heat Source
Other
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Garage Type
None
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Barrie Market Statistics
Barrie Price Trend
47 Grove St E is a 4-bedroom 4-bathroom home listed for sale at $974,000, which is $11,026 (1.1%) higher than the average sold price of $962,974 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Barrie increased by $95,988 (11.1%) compared to the previous 30 day period (December 22 - January 20) and up $116,846 (13.8%) from the same time one year ago.Inventory Change
There were 86 4-bedroom homes listed in Barrie over the last 30 days (January 21 - February 19), which is up 50.9% compared with the previous 30 day period (December 22 - January 20) and up 28.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Barrie typically sold ($23,180) (2.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,254 decrease compared to the previous 30 day period (December 22 - January 20) and ($25,512) 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 (January 21 - February 19) stood at 57.0%, up from 38.6% over the previous 30 days (December 22 - January 20) and up from 52.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Barrie stood at 20 days when successfully sold over the last 30 days (January 21 - February 19), compared to 81 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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