139 Burns Circle, Barrie

Price: $575,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: S13101602

Top 5 Reasons You Will Love This Home: 1) Set within a family-friendly neighbourhood, this home is just a short walk to Lampman Lane Park where you can enjoy basketball and tennis courts, a splash pad, playground areas, and the convenience of Andrew Hunter Elementary School close by 2) The impressive lot offers approximately 200' of depth, creating a spacious backyard with plenty of room for outdoor entertaining, gardening, or designing your own private outdoor retreat 3) Functional layout featuring three bedrooms on the upper level including the primary bedroom with convenient semi-ensuite access to the main bathroom, while the lower level offers a spacious additional bedroom ideal for guests, a home office, gym, playroom, or extended family living 4) Several thoughtful updates have already been completed, including newer kitchen countertops, a newly installed bathtub in the upper level bathroom, a new powder room vanity, and updated flooring in the living area 5) With great bones, several updates already in place, and room to continue adding your own personal touches over time, this home presents an excellent opportunity to create a space that suits your lifestyle while being conveniently located near everyday amenities, nearby trails, shopping, and easy access to Highway 400. 1,190 above grade sq.ft. plus a partially finished basement. *Please note some images have been virtually staged to show the potential of the home.

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$575,000 - 139 Burns Circle, Barrie

Detached for Sale in Barrie

42 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
S13101602
Property Type
Detached
Status
active
Days on Site
42
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Barrie
Listing Brokerage
FARIS TEAM REAL ESTATE BROKERAGE
Description

Top 5 Reasons You Will Love This Home: 1) Set within a family-friendly neighbourhood, this home is just a short walk to Lampman Lane Park where you can enjoy basketball and tennis courts, a splash pad, playground areas, and the convenience of Andrew Hunter Elementary School close by 2) The impressive lot offers approximately 200' of depth, creating a spacious backyard with plenty of room for outdoor entertaining, gardening, or designing your own private outdoor retreat 3) Functional layout featuring three bedrooms on the upper level including the primary bedroom with convenient semi-ensuite access to the main bathroom, while the lower level offers a spacious additional bedroom ideal for guests, a home office, gym, playroom, or extended family living 4) Several thoughtful updates have already been completed, including newer kitchen countertops, a newly installed bathtub in the upper level bathroom, a new powder room vanity, and updated flooring in the living area 5) With great bones, several updates already in place, and room to continue adding your own personal touches over time, this home presents an excellent opportunity to create a space that suits your lifestyle while being conveniently located near everyday amenities, nearby trails, shopping, and easy access to Highway 400. 1,190 above grade sq.ft. plus a partially finished basement. *Please note some images have been virtually staged to show the potential of the home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,950.05/mo

Includes CMHC insurance ($16,043)

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5-yr fixed avg.

Principal: $517,500Interest: $351,472
Mortgage Amount$533,543
Total Interest$351,472
Est. Property Tax$407/mo
Total Cost$885,014

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.

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Neighbourhood Guide: Barrie

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

139 Burns Circle, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
5.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$407
Insurance (est.)-$120
Net Cash Flow+$2,673

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $523/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.

Market Position

At 42 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.

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 $2,396 (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.

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    139 Burns Circle, Barrie | $575,000 | Battaglia Team