56 Gray Lane
South Shore, Barrie, L4N 7T1
FOR SALE
$1,899,900
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3 + 1
BEDROOMS3
BATHROOMS1 + 1
KITCHENS2 + 2
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Property Description
Newly Renovated Waterfront Home! Perfect for Investors Or Multigenerational Families Offering 2 Self-Contained Units! Sought After In Town Lot Featuring Up To 50' Of Waterfront On Kempenfelt Bay And Spanning 315 Deep Showcasing 2 Garages & Ample Parking Space. The Main Floor Unit Offers An Open Concept Main Floor With A Backyard Walk-Out To Enjoy Those Picturesque Sunsets! A Large Kitchen With Ample Cupboards and an Island, Perfect For Entertaining Or Family Gatherings. 3 Healthy-Sized Bedrooms & 2 Full Bathrooms, An Attached single-car garage & A Finished Basement With A Large Rec Room (The Main Floor Unit Includes Half The Finished Basement). The Lower Unit Features A Separate Side Entrance Showcasing A Modern & Tastefully Decorated 1 Bedroom In-Law Suite, Equipped With A 3 p.c. Bathroom, Living + A Healthy Sized Eat-In Kitchen.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-07-19 | 2024-09-17 | 60 | $1,999,900 | - | Terminated |
2023-10-16 | 2023-10-27 | 11 | $3,800 | $3,800 | Leased |
Property Features
Lake/Pond, Waterfront
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
2000-2500
Lot Size
51' x 316'
Lot Irregularities
310.91 x 50.70 x 315.82 x 24.95 x 25.06
Fronting
North
Taxes
$11,599 (2024)
Basement
Finished, Sep Entrance
Exterior
Alum Siding, Wood
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Other
Water
Well
Parking Spaces
4
Driveway
Private
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Bathroom | Main | 6.92' x 10.40' | 3 Pc Bath |
Prim Bdrm | Main | 10.17' x 13.75' | |
2nd Br | Main | 9.91' x 10.40' | |
3rd Br | Main | 11.75' x 11.52' | |
Dining | Main | 8.99' x 14.76' | |
Kitchen | Main | 14.40' x 14.76' | |
Living | Main | 15.85' x 14.24' | |
Bathroom | Bsmt | 12.60' x 12.34' | 4 Pc Bath |
Rec | Bsmt | 27.92' x 14.34' | |
Bathroom | Bsmt | 5.91' x 7.41' | 3 Pc Bath |
4th Br | Bsmt | 16.77' x 12.83' | |
Kitchen | Bsmt | 12.93' x 12.17' |
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Barrie Market Statistics
Barrie Price Trend
56 Gray Lane is a 3-bedroom 3-bathroom home listed for sale at $1,899,900, which is $1,170,174 (160.4%) higher than the average sold price of $729,726 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom home in Barrie declined by $21,750 (2.9%) compared to the previous 30 day period (September 22 - October 21) and down $16,044 (2.2%) from the same time one year ago.Inventory Change
There were 152 3-bedroom homes listed in Barrie over the last 30 days (October 22 - November 20), which is down 12.1% compared with the previous 30 day period (September 22 - October 21) and up 20.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Barrie typically sold ($15,461) (2.1%) below asking price over the last 30 days (October 22 - November 20), which represents a $2,735 increase compared to the previous 30 day period (September 22 - October 21) and ($17,176) 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 (October 22 - November 20) stood at 51.3%, up from 39.9% over the previous 30 days (September 22 - October 21) and up from 38.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Barrie stood at 36 days when successfully sold over the last 30 days (October 22 - November 20), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 B.J. Roth Realty Ltd.
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