Allandale · L4N 2E5
$498,000
$711 / sq ft1 months on market
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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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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 0% of comparable detached listings in Allandale are asking less.
Based on 23 comparable active detached listings in Allandale. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $498,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX HALLMARK CHAY REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of EXP REALTY