168 Anne Street, Barrie

Price: $498,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: S13631262

Opportunity knocks in Barrie. This RM1 / RM1(SP-528-HC) zoned property offers more than a typical residential purchase, with an approximately 66 ft. x 132 ft. lot and future potential for residential intensification. The existing home is a handyman special, making this an appealing option for renovators, investors, builders or buyers looking to reposition the property. A preliminary feasibility study has identified potential pathways including retain-and-convert, additional residential units, or a purpose-built low-rise multi-unit infill concept, subject to buyer due diligence and municipal requirements. Located in an evolving area of Barrie, this property offers present residential use with meaningful future upside. Buyer to verify zoning, survey, servicing, parking, permits, incentive eligibility and all development possibilities.

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$498,000 - 168 Anne Street, Barrie

Detached for Sale in Barrie

Neighbourhood: Allandale

2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
S13631262
Property Type
Detached
Status
active
Days on Site
21
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Barrie
Listing Brokerage
RE/MAX HALLMARK CHAY REALTY
Description

Opportunity knocks in Barrie. This RM1 / RM1(SP-528-HC) zoned property offers more than a typical residential purchase, with an approximately 66 ft. x 132 ft. lot and future potential for residential intensification. The existing home is a handyman special, making this an appealing option for renovators, investors, builders or buyers looking to reposition the property. A preliminary feasibility study has identified potential pathways including retain-and-convert, additional residential units, or a purpose-built low-rise multi-unit infill concept, subject to buyer due diligence and municipal requirements. Located in an evolving area of Barrie, this property offers present residential use with meaningful future upside. Buyer to verify zoning, survey, servicing, parking, permits, incentive eligibility and all development possibilities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,555.00/mo

Includes CMHC insurance ($13,894)

$
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5%10%50%

5-yr fixed avg.

Principal: $448,200Interest: $304,405
Mortgage Amount$462,094
Total Interest$304,405
Est. Property Tax$353/mo
Total Cost$766,499

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Allandale

Discover Allandale

Allandale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Allandale

  • Convenient location in Barrie
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Allandale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

168 Anne Street, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,943

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $711/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Barrie are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Allandale

I know Allandale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    168 Anne Street, Barrie | $498,000 | Battaglia Team