$657,000 - 1 Michael Crescent, Barrie
Detached for Sale in Barrie
- MLS Number
- S13157962
- Property Type
- Detached
- Status
- active
- Days on Site
- 27
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- RE/MAX HALLMARK PEGGY HILL GROUP REALTY
ALL-BRICK RAISED BUNGALOW ON A CORNER LOT WITH A FENCED YARD, ATTACHED 2-CAR GARAGE, & WALKABLE CONVENIENCE! 1 Michael Crescent feels like the answer to a very common buyer problem: finding a home that works without asking you to settle on location. Set on a corner lot in Barrie's East Bayfield neighbourhood, this raised bungalow places you within walking distance of East Bayfield Community Centre, parks, Barrie Sports Dome, Georgian Mall, public transit, shopping, dining, grocery stores, and everyday essentials, with quick access to Highway 400 and downtown Barrie, the waterfront, beaches, and trails all less than 10 minutes away by car. The main floor has an easy, lived-in flow, with a combined living and dining area that gives everyone a place to land, whether dinner runs long, homework takes over the table, or the conversation keeps going after the plates are cleared. The kitchen keeps things practical with wood cabinetry, ample counter space, room for a breakfast area, a newer dishwasher, and a walkout to the fenced backyard. Three main floor bedrooms are served by a 4-piece bathroom, making the layout a solid fit for family life, overnight guests, or a home office setup. Downstairs, the finished basement adds valuable extra space with a rec room, an additional bedroom, and a 3-piece bathroom that makes it easier to carve out room for guests, a teenager, or a little more separation when the house is full. This is a #HomeToStay that keeps up with real life without asking you to compromise on where you live.
Estimate your monthly payments for this property
Estimated Payment
$3,370.75/mo
Includes CMHC insurance ($18,330)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Barrie
Barrie is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Barrie
- •Convenient location in Barrie
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Barrie offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Michael Crescent, Barrie
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $939/sqft, this property is priced in line with current Barrie market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Barrie are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Barrie. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Barrie properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,738 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.