$630,000 - 111 Penetang Street, Barrie
Detached for Sale in Barrie
New — Listed 3 days ago- MLS Number
- S13446544
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Rare Opportunity To Own A Charming Century Home Situated On An Exceptional 12,895 Sq Ft Private Lot (51 Ft X 265 Ft) With Future Development Potential, Just Steps To Lake Simcoe, Beaches, Walking Trails And Barrie's Vibrant Downtown Core. Offering Almost 1,500 Sq Ft Of Living Space, This Character-Filled Home Beautifully Blends Timeless Charm With Thoughtful Modern Updates.The Open-Concept Main Floor Features Soaring 9-Ft Ceilings, Brand New Vinyl Flooring, Elegant 10-Inch Baseboards And Crown Moulding Throughout. The Spacious Living Room With Cozy Gas Fireplace Flows Seamlessly Into The Dining Area And Updated Kitchen Featuring A New Sink And Faucet, Newer Countertop, 4-Year-Old Refrigerator And 5-Year-Old Microwave.Upstairs Offers Newer Carpet (Approx. 6 Years) And A Generous Primary Bedroom Complete With An Oversized Walk-In Closet And A Spa-Inspired 4-Piece Bathroom Featuring A Skylight And Relaxing Soaker Tub.Enjoy A Large Covered Front Porch And Two Rear Decks Overlooking The Expansive Backyard. Detached Double-Car Garage/Workshop With Hydro Provides Excellent Storage And Workspace. The Basement Offers Plenty Of Additional Storage Space.A Truly Unique Property Combining Character, Privacy, Modern Updates And An Incredible 12,895 Sq Ft Lot In One Of Barrie's Most Desirable And Fast-Growing Neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,232.23/mo
Includes CMHC insurance ($17,577)
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.
111 Penetang Street, Barrie
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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
Competitive Pricing
At $420/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Barrie's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 $2,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.