929 Yonge Street

Presenting a remarkable opportunity, this house for sale in Barrie is situated at 929 Yonge Street, Barrie, and boasts a prime location within the Rural Barrie Southeast community. This detached two-storey brick home, over a century old, stands on a generous 1.14-acre lot, measuring 60 by 122 feet, and is designated as Medium Density under Barrie's official plan. Such a designation opens the door to potential development opportunities, including the possibility of constructing five to six-storey multi-unit buildings, which could be explored further by contacting the Planning Department or consulting the Official Plan available on the City’s website.

The property is not only a charming century home but also a sound investment for those looking to capitalise on the expanding neighbourhood. The area is rapidly developing, with essential amenities just a short walk away, including a brand new Metro Grocery Store and various other facilities that are expected to emerge in the near future. This makes the house for sale in Barrie an attractive proposition for both homeowners and investors alike.

The existing home at 929 Yonge Street, Barrie, features two spacious bedrooms and a den, providing ample living space for a small family or professionals seeking a quiet retreat. The house includes two bathrooms, ensuring convenience for all residents. The main kitchen is well-positioned for ease of access, although there is no additional kitchen, which is a consideration for those who may wish to expand or modify the layout in the future. With a total of seven rooms, this house for sale in Barrie offers a comfortable living environment.

One of the standout features of this property is the character and charm of the century home, which has been well cared for and maintained over the years. The interior, while currently unfurnished, provides a blank canvas for new owners to imprint their personal style. The house is equipped with central air conditioning, ensuring comfort during the warmer months, and features a fireplace that adds a touch of warmth and cosiness during the colder seasons.

While the property does not include a family room or central vacuum system, it compensates with a private double driveway that accommodates up to eight parking spaces, making it ideal for families or those who enjoy hosting guests. The absence of a garage may be seen as a limitation, but the expansive grounds offer plenty of outdoor space for recreational activities or potential landscaping projects.

Water is supplied via a drilled well, and the property is serviced by a septic system, which is typical for rural settings. The unfinished basement presents an opportunity for buyers to create additional living space or storage according to their needs. The lack of a pool may be a consideration for some, but the vast outdoor area provides ample room for various outdoor pursuits or even the possibility of adding a pool in the future.

Investors should take note of the potential severance opportunities this 'L' shaped property presents, extending behind four other properties. This unique aspect adds significant value for those looking to purchase neighbouring properties or develop the land further. Buyers and their representatives are encouraged to conduct their due diligence regarding the official plan, zoning, and other income opportunities associated with this property.

In summary, this house for sale in Barrie at 929 Yonge Street, Barrie, is not just a home but a strategic investment in a growing community. With its rich history, potential for development, and proximity to essential amenities, it stands as a prime opportunity for those looking to invest in the future of Barrie. Don’t miss out on this chance to own a piece of property that offers both charm and potential in a thriving area.

Rural Barrie Southeast is a charming and picturesque area located on the outskirts of Barrie, Ontario, offering a delightful blend of serene countryside and convenient urban access. This community is characterised by its rolling landscapes, lush greenery, and a variety of recreational opportunities, making it ideal for those who appreciate the tranquillity of rural living while still being just a short drive from the amenities of the city. Residents can enjoy spacious properties, scenic views, and a close-knit atmosphere, all while benefiting from nearby parks, trails, and local markets. Whether you’re seeking a peaceful retreat or a place to raise a family, Rural Barrie Southeast presents an inviting option for those looking to embrace a more relaxed lifestyle without sacrificing proximity to urban conveniences.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest option is Willow Landing Elementary School, just 1.1 km away, offering grades JK to 8 with a commendable rating of 4.5. Another nearby elementary school is Warnica Public School, located only 0.8 km from the property, providing French-language education for grades 1 to 8, though it currently has a rating of 0. For secondary education, Innisdale Secondary School is situated 2.2 km away, serving grades 9 to 12 and boasting a strong rating of 5.7. Additionally, Barrie North Collegiate Institute, located 4.9 km from the property, offers French-language instruction for Grade 9 and has a rating of 7. Families seeking a Catholic education can consider Saint John Paul II Separate School, which is 1.6 km away, offering grades JK to 8. Overall, the area provides a diverse range of schooling options, catering to different educational preferences and needs, ensuring that residents have access to quality education within a short distance.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 769 residents, with an average household size of 2.7 individuals. The community's demographic profile reveals an average age of 37.3 years and a significant average household income of $92,000. However, approximately 19.6% of the population falls within the low-income bracket. The housing market reflects an average property price of $780,000, indicating a relatively affluent neighborhood. A notable 57.38% of the population is single, while 28.89% of households include children, suggesting a mix of young professionals and families. The area has a diverse population, with 12.66% of residents being immigrants. Renting is prevalent, with 55.93% of the population classified as renters, and there are no condos available in the vicinity. Education levels are relatively high, with 41.22% of residents holding a college or university degree. However, a considerable portion of the population, 39.69%, is not participating in the labor force, which may impact the local economy. Overall, this community presents a blend of young families, professionals, and a diverse demographic landscape, making it an intriguing area for potential homebuyers or investors.