145 Terry Fox Drive, Barrie

Price: $1,079,000

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: S13140074

Bright and Spacious Quality Built Home by Fernbrook! Situated on a Premium Corner Lot, offering 3,350 sq. ft. The Largest Home Model in the Subdivision! Wrap-around oversized windows provide abundant natural light, creating a bright and airy feel! Excellent curb appeal with a stone and brick exterior and a functional modern layout. Features smooth 9' ceilings on the main floor, upgraded hardwood flooring throughout, pot lights, chandeliers, custom blinds, oversized foyer, and a massive mudroom. The Upgraded Family Size Kitchen includes top-of-the-line stainless steel appliances, granite countertops and a large centre island! Extended cabinetry, custom pantry shelving, walk-in pantry, flat-panel cabinetry, double sink, and upgraded 18x18 floor tiles. Spacious breakfast area opens to the family room with electric fireplace and large panoramic windows. Separate living and dining rooms are ideal for entertaining. The primary bedroom offers a large walk-in closet and 5-piece ensuite with double sink. Second bedroom has its own 3-piece ensuite, and two additional bedrooms share a Jack & Jill semi-ensuite. Upper-floor laundry with pedestal washer/dryer and ample cabinetry. Spacious 2-car garage with direct access to main floor and basement, electric car charger. Large basement with 8-ft ceilings offers excellent future potential. Ideal for medium or large size families. Prime location: 3 minutes to Barrie South GO Station, 7 minutes to Hwy 400, 10 minutes to Costco, shopping, parks, beautiful beaches of Lake Simcoe, and Friday Harbour. This home is only 2 years old and is still Covered Under Tarion Warranty.

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$1,079,000 - 145 Terry Fox Drive, Barrie

Detached for Sale in Barrie

33 days on market
4Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
S13140074
Property Type
Detached
Status
active
Days on Site
33
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Barrie
Listing Brokerage
HOMELIFE FRONTIER REALTY INC.
Description

Bright and Spacious Quality Built Home by Fernbrook! Situated on a Premium Corner Lot, offering 3,350 sq. ft. The Largest Home Model in the Subdivision! Wrap-around oversized windows provide abundant natural light, creating a bright and airy feel! Excellent curb appeal with a stone and brick exterior and a functional modern layout. Features smooth 9' ceilings on the main floor, upgraded hardwood flooring throughout, pot lights, chandeliers, custom blinds, oversized foyer, and a massive mudroom. The Upgraded Family Size Kitchen includes top-of-the-line stainless steel appliances, granite countertops and a large centre island! Extended cabinetry, custom pantry shelving, walk-in pantry, flat-panel cabinetry, double sink, and upgraded 18x18 floor tiles. Spacious breakfast area opens to the family room with electric fireplace and large panoramic windows. Separate living and dining rooms are ideal for entertaining. The primary bedroom offers a large walk-in closet and 5-piece ensuite with double sink. Second bedroom has its own 3-piece ensuite, and two additional bedrooms share a Jack & Jill semi-ensuite. Upper-floor laundry with pedestal washer/dryer and ample cabinetry. Spacious 2-car garage with direct access to main floor and basement, electric car charger. Large basement with 8-ft ceilings offers excellent future potential. Ideal for medium or large size families. Prime location: 3 minutes to Barrie South GO Station, 7 minutes to Hwy 400, 10 minutes to Costco, shopping, parks, beautiful beaches of Lake Simcoe, and Friday Harbour. This home is only 2 years old and is still Covered Under Tarion Warranty.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,772.78/mo

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5-yr fixed avg.

Principal: $863,200Interest: $568,634
Mortgage Amount$863,200
Total Interest$568,634
Est. Property Tax$764/mo
Total Cost$1,431,834

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

145 Terry Fox Drive, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$764
Insurance (est.)-$225
Net Cash Flow+$2,811

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 $360/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 33 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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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.

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    145 Terry Fox Drive, Barrie | $1,079,000 | Battaglia Team