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Innis-Shore, Barrie
$824,900
Welcome to 109 Sovereign's Gate, a rare opportunity in Barrie's sought-after southeast end offering exceptional versatility for multi-generational living, investors, or families seeking extra space. With over 1,300 sq. ft. on the main level plus a fully finished basement, this bungalow offers a thoughtfully designed layout with room for everyone. The bright main floor features a spacious living room with an elegant coffered ceiling, a large kitchen with breakfast bar, anda generous dining area with walkout to the two-tiered deck and fully fenced backyard. The main level also includes convenient laundry, two large bedrooms, and a primary retreat complete with a walk-in closet and 4-piece ensuite.The fully finished lower level offers incredible flexibility with 9-foot ceilings and oversized windows, creating a bright and welcoming space. A large recreation room provides additional living space for the main home, while a separate section of the basement is accessed through the garage and features a private one-bedroom in-law suite complete with a full kitchen with pantry, spacious living room, oversized bedroom, and 3-piece bathroom.Whether you are looking to accommodate extended family, create privacy for adult children or aging parents, or explore the benefits of a property with income-generating potential, this home offers endless possibilities in a fantastic family-friendly neighbourhood close to parks, schools, amenities, and commuter routes.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 16-30 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,421 |
| Lot Size | 41 ft x 111 ft |
| mls© Number | S13443302 |
| Listed By | RE/MAX HALLMARK CHAY REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,222
- Property tax
- $452
- Heat allowance
- $150
- Housing costs
- $4,824 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$148,000
gross annual household income
- Payment at 4%
- $3,471 / mo
- Cash down
- $164,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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