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Meadow Lane, Barrie, Ontario
Closing Date: September 30th, 2024
About the Property
Looking for your next SLG wholetail or buy and hold in Barrie? Check out this 2 storey condo unit consisting of 2 bedrooms, 1 bathroom, and a 1 parking spot. This condo has a footprint of 1138 sqft and is dated throughout. The electrical is already on a breaker panel and the kitchen appliances are stainless steel saving the buyer a costly upgrade. Additionally, the seller has updated the rental HWT and purchased a water filtration system and water softener within the last 3 years. The windows and roof are the responsibility of the condo board. Although the property is dated it is in relatively good condition and could be wholetailed after some minor renovations and a deep cleaning. This property is great for an investor looking to start the fall season with a fantastic flip or wholetail or an investor looking for a great rental in Barrie.
About the Neighbourhood
The subject property is situated in the Ardagh Neighborhood of Barrie just Southwest of the Essa Road and Highway 400 overpass. There are countless amenities nearby including Zehrs, Esso, Rona, Tim Hortons, restaurants, Parks, and much more. Highway 400 is only a 3-minute drive away providing easy access both south towards the Greater Toronto Area and north towards Muskoka. There are multiple bus stops within a 4-minute walk from the subject property and the Barrie South Go Train station is only a 13-minute drive away providing easy transportation for commuters working outside of the city.
Property Details
- 2 Storey Condo
- 2 bedrooms
- 1 bathroom
- 1138 sqft
- Appliances are included in the sale
- fridge, stove, dishwasher, washer, dryer, water softener
- Property taxes are about $2001
- Electric baseboard heaters
- No A/C
- HWT is rented
- Just over 2 years old as per seller
- Water filtration and water softner systems are owned
- 2-3 years old as per seller
- Roof is covered by condo board
- Windows are covered by condo board
- Electrical is on a breaker panel
- 1 assigned parking spot
- No locker
- Built-in 1990
- Maintenance fees are approximately $510 per month
- Covers roof, windows, general maintenance, and water
- RM2 zoning
Recommended Renovations
- Replace carpet
- Paint throughout
- Replace the kitchen countertop
- Paint the kitchen cabinets
- Replace broken tile (extra tile will be left over from seller)
- Replace bathroom vanity
- Seller has the option to leave contents behind so we recommend budgeting for junk removal
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