264 Salem Road, Barrie, ON

$2,850,000
MLS#:S12029328
4 beds
5 baths
5000 + sqft
40.0 parking
Residential Freehold
Loading property media...

Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Rural Barrie Southwest. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,850,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 5 Bathrooms
  • Generous living space spanning 5000 + sqft on a premium 210.06 x 610 ft lot
  • Features a ["full", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 40.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient forced air heating via propane

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.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
4
Bathrooms
5
Kitchens
1
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 27, 2025
Sold price information is available to members only
Listed Date3/19/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Stucco (Plaster)
Lot Size210.06 × 610 Feet
CountySimcoe
Annual Tax$16,836.26
Legal DescriptionPT S1/2 LT 3 CON 11 INNISFIL AS IN RO1006496; INNISFIL and PT S1/2 LT 3 CON 11 INNISFIL, DESIGNATED AS PART 2 ON PLAN 51R-37456; BARRIE

Parking & Garage

Parking Spaces40.0
Garage Spaces37
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Greenbelt/Conservation, Level, River/Stream, Wooded/Treed

Community Features

Location

Initializing map...
264 Salem Road, Barrie, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Rural Barrie Southwest, Barrie.

Verified Local Data
Population212,856
Median Age40 Yrs
Ownership73% Owners
Avg Area List Price$733,735

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
28%
Other households
1%

Top Ethnic Origins

English26%
Scottish21%
Irish21%
Canadian17%

Local Schools Guide

Elementary Schools

St Nicholas
Public100 Lougheed Road, Holly, Barrie, Ontario, L4N 8E1
5.4
W C Little
Public11 Bear Creek Drive, Holly, Barrie, Ontario, L4N 9M9
5.3
St Bernadette
PublicWessenger Drive, Holly, Barrie, Ontario, L4N 8P1
4.7
Holly Meadows
Public151 Mapleton Avenue, Holly, Barrie, Ontario, L4N 9N7
5.5
Trillium Woods
Public20 Elmbrook Drive, Holly, Barrie, Ontario, L4N 0Z1
6.4

Secondary Schools

Roméo Dallaire
Public736 Essa Road, Holly, Barrie, Ontario, L4N 9E9
7.8
Bear Creek
Public100 Red Oak Drive, Holly, Barrie, Ontario, L4N 9M5
5.2
St. Joan of Arc
Catholic460 Mapleton Avenue, Barrie, Ontario, L4N 9C2
5.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied73%
Rented27%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Loading local market trends...

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 264 Salem Road, Barrie, ON L9J 0C6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...
Financial Audit

Estimated Costs

Loan Amount$2,280,000
Monthly Mortgage$13,248
Property Tax (Est.)$1,403
Utilities & Maint.$350
Total Monthly Cost$15,001

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Barrie.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.