| Dunsmore Lane, Barrie, Ontario
Offer Date: FIRST COME FIRST SERVED
Closing Date: September 12th, 2025
** Realtors bring us a client and add your commission on top of the purchase price**
Strategies For Success
- Final cosmetic touches to increase the property’s value
- this would include paint, backsplash, minor flooring updates and upgrading to quartz countertops
- Due to its proximity to Georgian College (5 min drive, 10 min by bus) this property would be perfect to rent to students, or as a single family home (similar freehold towns nearby rent for $2800/month)
- Townhomes that are renovated and have a sqft above 1100, typically sell above $600,000 with modest finishes as well!
Property Overview
Details
- Freehold Townhouse
- Beds: 3+1
- Baths: 3
- 1204 sqft above ground + 417 sqft below ground
- Full finished basement
- Attached 1 car garage
- Built in 2001
Mechanical & Systems
- Electrical: Breaker – Copper wiring
- Furnace: owned, installed in 2018
- A/C: owned, about 10-15 years old as per seller
- Hot Water Tank: owned, about 10 years old as per seller
- Appliances included: fridge, stove, washer, dryer in AS IS condition
Roof & Exterior
- Roof is about 4 years old (per seller)
- Vinyl windows are over 15 years old (as per seller)
- 1 car attached garage
- through the City of Barrie, seller got approval for driveway extension which added two potential parking spaces for the driveway (totaling 4)
Lot & Location
- 26.40ft x 112.38ft lot
- Property taxes are approx. $3,695
- 5-minute drive to HWY 400
- 10-minute drive to Barrie GO Centre
- Zoning RM2-TH
Important Notes
- Seller has the option to leave junk behind—budget recommended for junk removal
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| The Numbers
We are selling our assignable purchase contract for this excellent Fix & Flip or Duplex opportunity.
- Wholesale Price: $507,499 or Best Offer
- We believe that this property is worth $565,000 as-is on the MLS
- We believe that after the recommended renovations are completed, this property should be worth at least $635,000 on the MLS.
- Purchase today for $57.5K BELOW MARKET VALUE
Comparable Analysis |
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- 7 Lion’s Gate Boulevard sold for $640,000 just 27 days ago on the MLS! This comparable consists of 3 beds, 2 baths and sits on a slightly smaller 19ft x 111ft lot. The comparable is better maintained and has received a few updates that should be easy to replicate in the subject. Also, the comparable is not an end-unit, has no bedroom in the basement and only has 2 bathrooms compared to the subjects 3. Therefore, we believe after the recommended renovations are completed the subject property would sell for a price around $635,000 on the MLS!
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- 9 Epsom Road sold for $625,000 in May after just 18 days on the MLS! This comparable consists of 3+1 beds, 2 baths and sits on a similar sized 22ft x 110ft lot. The comparable is in better condition than the subject and has received some cosmetic updates throughout. However, the comparable is slightly smaller than the subject at 700-1100sqft (as per listing), not an end-unit and only has 2 bathrooms compared to the subjects 3. Therefore, we believe after the recommended renovations are completed the subject property would sell for a price around $635,000 on the MLS!
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- 271 Dunsmore Lane sold for $630,000 in April 2025 after only 12 days on the MLS! This comparable consists of 3 beds, 3 bathrooms and sits on a similar 26ft x 109ft lot. The comparable is clean but cosmetically dated compared to the subject, which has received a few updates. This comparable is also an end-unit and similar in square footage to the subject. Therefore, we believe after the recommended renovations are completed the subject property would sell for a price around $635,000 on the MLS!
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