Single Family Residence sold at 68 Drury Lane, Barrie, ON, L4M 3C8 - City Centre - MLS: 40588703

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68 Drury Lane

Barrie, ON, L4M 3C8 - City Centre

$1,049,900$000000

Neighbourhood

City Centre
Major Intersection

Listed Since: 719 day(s)
Last update: 553 day(s) ago

Overview

Property Type

Single Family Residence, Bungalow
Bedrooms

3 + 1
Bathrooms

2
Basement

Separate Entrance, Full, Partially Finished
Kitchen

n/a
Total Parking

5 (1 null Garage)
Lot Size

Available Upon Request
Taxes

$4,469.86 (2023)
Type

Freehold

Property Description

Property description for 68 Drury Lane, Barrie

ATTENTION REAL ESTATE INVESTORS, DEVELOPERS, BUILDERS OR EVEN SAVY HOME OWNERS LOOKING TO POTENTIALLY LIVE UPSTAIRS AND LEGALIZE A SECOND SUITE TO GENERATE AN INCOME STREAM WHILE POTENTIALLY SUBDIVIDING THE REMAINING LAND DOWN THE ROAD. LOT SIZE IS 143.16 FT OF FRONTAGE BY 100 FT OF DEPTH WITH A DETACHED BUNGALOW SITUATED ON THE FAR RIGHT OF THE LOT. OPTIONS ARE TRULY ENDLESS. CURRENTLY ZONED RESIDENTIAL MULTIPLE DWELLING DENSITY (RM2) WHICH ALLOWS DUPLEXS, BLOCK/CLUSTER/STREET/STACKED TOWNHOUSE (MIN FRONTAGE OF 6 METERS) & MUCH MORE & IS IN THE NEW DRAFT ZONING BY-LAW AS MID-RISE TWO (MR2) WHICH IS SUBJECT TO CHANGE. THE CITY OF BARRIE NEW OFFICIAL PLAN LAND USE DESIGNATION IS MEDIUM DENSITY. THE LANDS ARE LOCATED WITHIN A STRATEGIC GROWN AREA IN THE CITY OFFICIAL PLAN, WHICH ENCOURAGES DEVELOPMENT OF HIGHER DENSITY AND TALLER BUILDINGS. THE BRICK BUNGALOW IS IN EXCELLENT CONDITION WITH LOTS OF SIGNIFICANT UPDATES COMPLETED SUCH AS NEW EAT-IN CUSTOM KITCHEN W/ISLAND & MAIN FLOOR BATHROOM RENO COMPLETED IN 2017 (GRANITE COUNTER TOPS, POT LIGHTS, NEW CABINETRY & STAINLESS STEEL BUILT-IN APPLIANCES INCLUDED IN SALE). NEW SHINGLES 2016 ON MAIN HOUSE, FURNACE 2016, ENTIRE HOME RE-WIRED IN 2004 INCLUDING 100 MAIN PANEL WITH 60 AMP PANEL IN GARAGE, WINDOWS 2004, UPGRADED INSULATION IN ATTIC 2012 PLUS MUCH MORE. SEPERATE SIDE ENTRANCE TO BASEMENT PERFECTLY SET UP FOR LEGAL SECOND SUITE CREATION FOR INVESTORS TO CREATE VALUE.

Listed by Century 21 B.J. Roth Realty Ltd. Brokerage

Property details

MLS #

40588703
Sq. Ft

2008
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

1949
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

5
Family Room

n/a
Den

n/a
Exterior

Brick
Fireplace

1
Roof

Asphalt Shing
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air, Natural Gas
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

MLS #

40588703
Sq. Ft

2008
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

1949
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

5
Family Room

n/a
Den

n/a
Exterior

Brick
Fireplace

1
Roof

Asphalt Shing
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air, Natural Gas
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

Living Room

9.1 x 12.04 ft Main level
Bedroom Primary

15.05 x 11.1 ft Main level
Bedroom

3.66 x 2.90 ft Main level
Eat-in Kitchen

14.03 x 8.02 ft Main level
Bathroom

11.08 x 9.04 ft Main level

3-Piece
Bedroom

11.1 x 10.09 ft Main level
Recreation Room

12.04 x 9.06 ft Basement level
Bedroom

3.73 x 3.43 ft Basement level
Den

11.03 x 9.11 ft Basement level
Bathroom

false Basement level

5+ Piece
Workshop

3.84 x 8.53 ft Basement level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

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Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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