$705,990 - 126 Pearen Lane, Barrie
Townhouse for Sale in Barrie
114 days on market- MLS Number
- S12820704
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 114
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Located in a family-friendly neighborhood near Hwy 400, this massive 2,143 sq. ft. end-unit townhome by Mattamy Homes is currently under construction in the highly anticipated Vicinity West community of South Barrie. The impressive Clarence End model offers the size and feel of a detached home with 4 bedrooms, 3.5 bathrooms, and a thoughtfully designed layout ideal for modern family living. The ground floor features a private bedroom with its own ensuite and walk-in closet, perfect for multi-generational living, guests, or a home office. The main level showcases 9' ceilings, a bright open-concept floor plan, and a chef-inspired kitchen complete with a large island, plenty of cabinet space, and a seamless flow into the expansive great room. There is also a formal dining area. Step out to the large covered balcony, ideal for relaxing or entertaining outdoors. Upstairs, you'll find three well-appointed bedrooms, including a primary suite with a walk-in closet and ensuite, as well as convenient third-floor laundry. Built with energy efficiency in mind, this Energy Star-certified home includes a tankless water heater and a heat Pump. Conveniently located in South Barrie close to shopping, dining, parks, and top-rated schools, this property delivers outstanding value for a new home of its size and quality. With a March 2026 closing, this is an incredible opportunity to secure a spacious freehold townhome in one of Barrie's fastest-growing areas. A deal like this won't last. (House under construction still no showings currently) Eligible First Time Home Buyers maybe able to receive up to an additional 13% savings on the purchase of this home through the proposed Government FTHB Rebate Program. Taxes not yet assessed.
Estimate your monthly payments for this property
Estimated Payment
$3,622.09/mo
Includes CMHC insurance ($19,697)
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.
126 Pearen Lane, 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 $353/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.
Negotiation Opportunity
At 114 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Barrie have shown strong appreciation as families seek more space.
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.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $2,942 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.