$637,800 - 118 Benson Drive, Barrie
Detached for Sale in Barrie
64 days on market- MLS Number
- S13009400
- Property Type
- Detached
- Status
- active
- Days on Site
- 64
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- RE/MAX HALLMARK CHAY REALTY
Four-bedroom bungalow, fully finished basement, and a fenced backyard - all under $650K in one of Barrie's most walkable northwest pockets. 118 Benson is a move-in ready opportunity that delivers on space, function, and value.Step inside to a welcoming foyer with modern flooring that opens into a bright and comfortable living room, finished with updated laminate flooring, stylish light fixtures, and a cozy faux fireplace that adds character to the space. The main floor flows seamlessly into a spacious dining area, perfect for everyday living or hosting family and friends.The efficiently designed kitchen with updated flooring offers ample counter space and convenient direct access to the garage. Just off the main living area, you'll find two generously sized bedrooms and a well-appointed main bathroom. The primary bedroom features ample closet space and a walkout to the patio and fully fenced backyard-ideal for relaxing or entertaining.The fully finished basement extends your living space with a large rec room highlighted by a stunning feature wall, two additional bedrooms, a 3-piece bathroom, a finished storage area, and a dedicated utility and laundry room. Consistent laminate flooring throughout both levels adds a clean, cohesive feel.Outside, a beautiful stone walkway leads you to the inviting front porch, enhancing the home's curb appeal. With updated hardware throughout and true pride of ownership, this is a move-in ready opportunity that offers comfort, functionality, and value in today's market.
Estimate your monthly payments for this property
Estimated Payment
$3,272.24/mo
Includes CMHC insurance ($17,795)
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.
118 Benson Drive, 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 $911/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.
Negotiation Opportunity
At 64 days on site, this property has exceeded the typical selling timeline for Barrie. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 $2,658 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.