$625K · 0 bed Vacant Land · Queen's Park, Barrie

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About this home

Prime development opportunity in a desirable central location. Zoned RM1, offering a range of permitted uses. Buyers are encouraged to complete their own due diligence regarding development potential. Featuring an impressive 92.58 ft x 115.09 this large lot presents strong potential for severance (buyer to verify), making it well suited for builders and investors. Ideally located close to transit, shopping, major highways, schools, and the waterfront in Barrie. Existing home has been removed, p…

Property details

MLS#

S12953978

Status

Buy Now

Property class

Residential Freehold

Beds

Baths

0 full, 0 half

Kitchens

Size

—Not provided on MLS feed

Basement

—

Style

—

Type

Vacant Land

Year built

—Year built not on MLS feed (often MPAC-only on broker systems)

PIN: 587900027
Roll / ARN: 434203101103200

Occupancy: Vacant
Central vacuum: No
Ensuite laundry: No

Garage: —
Garage spaces: —
Parking: —
Lot: 92.58 × 115.09
Heating: —
Heating fuel: —
Cooling: —
Fireplaces: —
Waterfront: No
Exterior: —
Fronting on: South
Cross street: Anne St to Henry St.
Stories: —
Utilities: —
Laundry: —
Interior: —
Parking features: —

Price movement & seller pressure

↓ $25KPrice reduction

MLS shows the seller reduced the asking price by $25,000 (from $650,000 to $625,000).

Motivated SellerWhy this label

94 days on market — Listing has been active for 94 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $625,000✓ $3,868 tax✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,901/mo

incl. closing costs (yr 1)

Annual total

$58,818

year 1

Mortgage only

$2,371/mo

principal + interest

Beyond mortgage

$1,324/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$125,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$322/mo

Utilities

Hydro / electricity$126/mo

≈ $0.07/ft² × ~1,800 ft² · ON avg ~$126/mo · assumes gas heat

Natural gas (assumed)$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$6,250/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)48% $28,453/yr

Property taxes22% $12,843/yr

Utilities8% $4,572/yr

Insurance & security3% $1,600/yr

Maintenance11% $6,250/yr

Closing costs9% $5,100/yr

Mortgage is 48% of your true cost of ownership. The other 52% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$28,453	$2,371/mo
Government & taxes
Property tax	$3,868	$322/mo
Land transfer tax(closing)	$8,975	$748/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$1,512	$126/mo
Natural gas (assumed)	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$6,250	$521/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$58,818	$4,901/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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114 Henry Street

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

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Annual costs