6 hours on Market

56 Gray Lane, Barrie, Ontario L4N 7T1

Detached
3 + 1
3
~1100-1500 sqft
$1,699,900
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Detached
3 + 1
3
~1100-1500 sqft

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Highlights

Property Estimate

Days on market6 hours

Estimated valueNot available

Price/Sqft$1,339/sqft

Monthly cost

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CMA Subject Property

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+126

Properties sold*

$790K

Median sold price*

*Based on last 30 days

Description

A rare opportunity to own this renovated waterfront property on Kempenfelt Bay. Ideal for multigenerational families, shared ownership, or buyers seeking flexibility with rental or in-law potential. Situated on a deep 315-foot in-town lot with up to 50' of private waterfront, this home offers two self-contained living areas, two garages, and ample parking for family, guests, or recreational use. The main residence offers an open-concept layout with a spacious kitchen, large island, and ample cabinetry - perfect for entertaining or everyday family living. A walkout to the backyard provides the perfect setting to enjoy picturesque sunsets over the bay. This unit includes three generously sized bedrooms, two full bathrooms, a finished recreation room in the basement, and direct access to an attached single-car garage. The in-law suite is fully self-contained with a private side entrance and features a modern, tastefully finished layout. Including a bright 1-bedroom, 3-piece bathroom, a full eat-in kitchen, and a cozy living area - perfect for extended family or guests. All of this is located just minutes from Downtown Barrie, Barrie South GO Station, Centennial Beach, Royal Victoria Hospital, and local shops, dining, and waterfront parks. Whether youre searching for a family waterfront retreat, a multigenerational living solution, or a smart option for shared ownership or supplemental rental income, this property offers exceptional versatility, privacy, and value in one of Barries most desirable waterfront pockets.


Property Details

StyleBungalow-Raised
ViewBay, City, Lake, Water, Clear
Age of property31-50
SqFt~1100-1500 SqFt
Lot Size16,106 SqFt(315.82 x 51)
Parking Spaces6
MLS ®NumberS12321425
Community NameBarrie
Data SourceTRREB
Listing byCENTURY 21 B.J. ROTH REALTY LTD.

Features

Heating: Heat Pump
Cooling: Other
Basement: Finished, Sep Entrance

Main Floor

Bathroom

3.17 x 2.11

3 Pc Bath

Primary

4.19 x 3.1

2nd Br

3.17 x 3.02

3rd Br

3.51 x 3.58


Features

Lot size: 16,106 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 5

Total parking spaces 6


Market Data - Barrie

Geo Zone Map ThumbnailBarrie

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

31 days

Compared to

2024

27 days

2023

19 days

2022

26 days

New Listings

Past 30 days

384 listings

Compared to

2024

343 listings

2023

312 listings

2022

301 listings

Units sold

Past 30 days

103 units

Compared to

2024

126 units

2023

149 units

2022

120 units

Median Sold Price

Past 30 days

$770,000

Compared to

2024

$790,000

2023

$805,000

2022

$822,500


Population and Demographics

Overview

Total population 139894
Average household income $119,497

Age (%)

0 to 19
23%
20 to 34
21%
35 to 49
20%
50 to 64
20%
65 and plus
16%

Household composition (%)

Single family
67%
Single person
26%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
88%
Others
6%
French
2%
Spanish
2%
Russian
1%

House tenancy (%)

Owners
67%
Renters
33%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget