9 Gunn St
Wellington, Barrie, L4M 2H2
FOR SALE
$995,000
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4 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS8 + 3
ROOMSS12004278
MLSIDContact Us
Property Description
This property is not just a home; it's a lucrative investment in one of Barrie's most desirable neighborhoods. With its high rental income potential and strategic location, this triplex is an exceptional opportunity for those looking to expand their real estate portfolio or step into the investment market with a property that promises both stability and growth. Nestled in the heart of Barrie, this triplex is steps away from downtown amenities including shopping, dining, entertainment, and public transit. Close to Georgian College, RVH, and Highway 400 for easy commuting. Two Rented units are at market rent and the basement unit is vacant to gain its full potential. This home is great for a first time investor or for the veteran investor looking to grow their portfolio
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-11 | 2025-01-07 | 62 | $1,100,000 | - | Suspended |
| 2024-09-03 | 2024-11-04 | 62 | $1,149,000 | - | Suspended |
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
55' x 91'
Fronting
East
Taxes
$4,561 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Bathroom | Main | 12.24' x 8.73' |
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Barrie Market Statistics
Barrie Price Trend
9 Gunn St is a 4-bedroom 3-bathroom home listed for sale at $995,000, which is $32,026 (3.3%) 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 3-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 Re/Max Hallmark Chay Realty
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