14 Chippawa Court, Barrie

Price: $649,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: S13236054

Beautiful Detached Raised Bungalow with a Park-Like Backyard and Walkout Basement Apartment on a Massive Lot, Just Steps from Lake Simcoe and the Beach! Enjoy peaceful living in this spacious 3-bedroom, 2-bath home located in one of Barrie's most sought-after east-end neighborhoods. Surrounded by mature trees on a quiet dead-end street, this family-friendly community offers excellent walkability to local amenities, parks, schools, Johnson's Beach, and transit. The open-concept main floor has been tastefully renovated, featuring a lovely dining area that opens onto a large patio-perfect for relaxing or entertaining while overlooking the expansive yard. Upstairs includes a laundry area, with a separate laundry space in the basement for convenience. The finished walkout basement features a bright, spacious recreation room with a cozy gas fireplace, a full bathroom with a glass shower, and a separate entrance. The basement apartment generates additional income, offering great potential for investment. Total rental income for both levels could reach up to $3,500/month (unofficial). Main floor $2,200, basement $1,300 with approx. $400 for utilities. Enjoy easy access to Georgian College, Highway 400, downtown Barrie, and a variety of shops, restaurants, and parks. This rare and versatile property combines peaceful lakeside living with excellent investment opportunities!

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$649,900 - 14 Chippawa Court, Barrie

Detached for Sale in Barrie

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
S13236054
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Barrie
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Beautiful Detached Raised Bungalow with a Park-Like Backyard and Walkout Basement Apartment on a Massive Lot, Just Steps from Lake Simcoe and the Beach! Enjoy peaceful living in this spacious 3-bedroom, 2-bath home located in one of Barrie's most sought-after east-end neighborhoods. Surrounded by mature trees on a quiet dead-end street, this family-friendly community offers excellent walkability to local amenities, parks, schools, Johnson's Beach, and transit. The open-concept main floor has been tastefully renovated, featuring a lovely dining area that opens onto a large patio-perfect for relaxing or entertaining while overlooking the expansive yard. Upstairs includes a laundry area, with a separate laundry space in the basement for convenience. The finished walkout basement features a bright, spacious recreation room with a cozy gas fireplace, a full bathroom with a glass shower, and a separate entrance. The basement apartment generates additional income, offering great potential for investment. Total rental income for both levels could reach up to $3,500/month (unofficial). Main floor $2,200, basement $1,300 with approx. $400 for utilities. Enjoy easy access to Georgian College, Highway 400, downtown Barrie, and a variety of shops, restaurants, and parks. This rare and versatile property combines peaceful lakeside living with excellent investment opportunities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.32/mo

Includes CMHC insurance ($18,132)

$
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5%10%50%

5-yr fixed avg.

Principal: $584,910Interest: $397,255
Mortgage Amount$603,042
Total Interest$397,255
Est. Property Tax$460/mo
Total Cost$1,000,297

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

14 Chippawa Court, 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)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$2,605

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 $591/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 16 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 $2,708 (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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    14 Chippawa Court, Barrie | $649,900 | Battaglia Team