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Listed 1 month ago

174 Owen Street

Wellington, Barrie

$849,900

Detached|1 1/2 Storey
3 | 3 | 3
About this home

A beautiful century home in Barrie offering timeless character and exceptional versatility. Owned for 40+ years by a local artist the home showcases subtle custom details including distinctive cornices and a functional Art Deco fireplace finished in bold orange and black tones with a classic domino hearth, serving as a true centrepiece of the living space. The home features elegant period details throughout, including a formal dining room with traditional plate rails and mirrored wall accents. French doors open seamlessly into a bright, inviting sunroom, which extends to a spacious deck overlooking a private, landscaped backyard. A separate attached one - bedroom apartment adds significant value and flexibility, complete with its own kitchen, four-piece bathroom, and a generous upper-level bedroom with a sitting area. This space is ideal for extended family, guests, or potential rental income. It also offers a walkout to a wraparound deck and a tranquil pond, enhancing the sense of privacy and connection to nature. The grounds are beautifully appointed with a lush, private yard and two outbuildings. One structure is well-suited for a home business, studio, or children's playroom, with additional office space on the second level accessed by a retractable winch operated staircase. At the rear of the property, a large 34 ft. by 34 ft. former studio or workshop provides even more adaptable space for creative or practical use. The backyard completes the offering as a true private retreat -peaceful, spacious, and ready for your personal vision and finishing touches.

Extras

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Got questions?

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$6,296
Lot Size60 ft x 221 ft
mls© NumberS13529176
Listed ByROYAL LEPAGE ELITE 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%
$4,350
Property tax
$525
Heat allowance
$150
Housing costs
$5,025 / mo

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

Down payment20% · $169,980
25-yr amortization

Income needed

$155,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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