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Price Change$769,000

131 Toronto Street

Queen's Park, Barrie

$699,000

Detached|2-Storey
3 | 2 | 4
About this home

Nestled among some of Barrie's most beautiful century homes, this enchanting 2-storey residence offers the perfect blend of character, charm, and modern updates. Situated on a mature 50 x 131.5 ft lot with a peaceful woodland setting along one side, this exceptional property also features a separate entrance to a fully self-contained lower-level suite, offering excellent income potential. Rental income can help offset your monthly mortgage payments, making this home as practical as it is charming.Inspired by classic English cottage design with an artistic flair, the home features warm, inviting living spaces filled with natural light and timeless appeal. Beautiful original hardwood floors have been professionally refinished, enhancing the home's character and warmth throughout.The second floor offers three comfortable bedrooms and a beautifully appointed 4-piece bathroom, creating the perfect family retreat.Extensively updated over the years, the home features updated windows, roof, furnace, plumbing, and electrical systems, allowing you to enjoy its historic charm with modern peace of mind.The fully self-contained lower-level suite includes a full kitchen, private laundry, and comfortable living space, making it ideal for extended family, guests, or as an excellent mortgage helper.Located in a sought-after family neighbourhood, you'll enjoy a short walk to tennis courts, a children's playground, Barrie's vibrant downtown, waterfront trails, cafés, restaurants, boutiques, and the shores of Kempenfelt Bay.A rare opportunity to own a beautifully updated character home in one of Barrie's most desirable and walkable neighbourhoods, where timeless charm, thoughtful updates, and income potential come together in one exceptional property.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,264
Lot Size50 ft x 131.5 ft
mls© NumberS13482984
Listed ByFOREST HILL REAL ESTATE INC.

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%
$3,578
Property tax
$355
Heat allowance
$150
Housing costs
$4,083 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $139,800
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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