Sold for:Sold Mar 27, 2025
$2,850,000

264 Salem Road

Barrie (Rural Barrie Southwest), ON L9J 0C6

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 264 Salem Road, Barrie, Rural Barrie Southwest

2025-03-19
2025-03-27
Sold
Price
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MLS#
s12029328
2024-11-01
2025-03-19
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 264 Salem Road, Barrie, Rural Barrie Southwest

Attention BUSINESS OWNERS, DEVELOPERS & INVESTORS! Perfectly set up for Small Business Owners to live in the residential bungalow with attached triple car garage while operating their home based business (commercial space is 2 levels with 5753 sq ft - former dance studio) adjacent to where they live situated on the same property. Triple car garage & Studio space was built in 2008. Studio space has 3 AC units. The current rural residential zoning allows for Accessory Uses which includes Home Occupation! In the new proposed City of Barrie Zoning By-Law, the subject property is Neighbourhood Low 2 (NL2), which would permit commercial and retail uses since salem rd is identified as a collector road. The commercial area was designed for a Dance Studio but offers plenty of other potential uses such as daycare, pre-school, gym, spa, gymnastics, mma and so many other potential uses (may require minor variances or zoning amendment through city of Barrie). 264 Salem road is strategically situated in Barrie's South West annexed land in South West on total 4.62 Acres of prime land in Phase 1 of the Salem Secondary Plan. 210 ft of frontage on Salem Rd. Large Residential bungalow was built in 1967 and is 2168 sq ft above grade which consists of 4 spacious bedrooms at 2 full bathrooms. Nicely updated main level with hardwood floors, updated kitchen with stainless steel build in appliances. This unique property has 1 well plus 2 septic systems on the property. Very private property with beautiful trees edging the land.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$16,836
Land Transfer Tax Fee
$57,725

Rental Items

Rental Equipment
Hot water tank and propane tank
Under Contract
Hot Water Heater, Propane Tank

Basement Type
Full, Unfinished

Interior Features

Interior Extras
Water Heater Owned
View
Creek/Stream, Trees/Woods
Fireplace/Stove
Yes
Fireplace Features
Wood
Elevator
No

Exterior Features

Exterior Extras
Deck, Year Round Living
Pool
None
Property Features
Greenbelt/Conservation, Level, River/Stream, Wooded/Treed

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Brick, Stucco (Plaster)
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
210.06 ft
Lot Depth
610.00 ft

Inclusions

Inclusions
Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings

Exclusions

Exclusions
None

Parking & Garages

Garage Type
Attached
Garage Spaces
3
Parking Spaces
37
Total Garage And Parking Spaces
40

Heating & Cooling

Heat Source
Propane
Heat Type
Forced Air
Air Conditioning
None
Water
Well
Sewers
Septic

Bedrooms
4
Washrooms
5
Kitchens
1
Family / bonus room
Yes

Washrooms

  • 4-piece, Main
  • 2-piece, Second

Municipality
Barrie
Neighbourhood
Rural Barrie Southwest
Main cross streets
Essa Rd & Salem Rd
Zoning
Rural residential, EP and Agricultural
Directions
Essa Rd to Salem Rd to property

MLS® number
S12029328
Data source
Toronto Regional Real Estate Board
Status change
2025-03-27
Listed on
2025-03-19
Days on market
8 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
CENTURY 21 B.J. ROTH REALTY LTD.

Home Market Value

Current home valuation for 264 Salem Road, Barrie, Rural Barrie Southwest, Barrie, ON. Listed for $2,850,000

HOMEH Estimate

?

$1,981,462

Estimated Sales Range

?

$1,387,023 - $2,575,901

HOMEH Estimate for 264 Salem Road, Barrie, Rural Barrie Southwest

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,981,462Low confidence
Based on 6 comparable properties
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Minimum Down Payment Required:20.0%

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Minimum down payment

$570,000

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$2,280,000$2,137,500$1,995,000$1,852,500
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$11,132monthly$10,436monthly$9,741monthly$9,045monthly
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Land Transfer Tax

Provincial

$57,725

Total Land Transfer Tax

$57,725

Around this home

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