$874,900 - 148 Patterson Road, Barrie
Detached for Sale in Barrie
- MLS Number
- S13211436
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to this beautifully upgraded home minutes to Lake Simcoe and Downtown Barrie. This home offers the perfect blend of style, comfort, and exceptional indoor/outdoor living. The bright open-concept main floor features elegant finishes, stunning lighting, expansive sliding doors, and a gorgeous kitchen complete with stainless steel appliances, granite countertops, and custom cabinetry. The spacious primary bedroom offers custom closets and a private ensuite, while the convenience of both upper and lower-level laundry adds flexibility for families or multi-generational living. The fully finished basement showcases all new flooring, a large family room with a Napoleon fireplace, a second dining area, office space, and a private bedroom with double sliding doors and its own 3-piece ensuite - ideal for guests or extended family. Step outside to your own backyard retreat featuring full-open magic sliding windows leading to a composite deck with a gas BBQ hookup, a hot tub with a privacy wall, a large interlock patio, permanent multi-function exterior lighting, and outdoor pot lights at the front and rear of the home. A peaceful creek runs through the backyard, complete with two charming bridges and a large fire pit area, creating a truly unique outdoor setting on a half-acre lot. Additional features include a detached powered garage/workshop, single car garage with Level 2 EV charger, large interlock driveway, and numerous major updates, including roof (2020), eaves/downspouts with leaf guards (2020), furnace & A/C (2023), hot water tank (2025), and water softener & purifier (2025). A rare turnkey property offering luxury finishes, flexible living space, and incredible entertaining potential!
Estimate your monthly payments for this property
Estimated Payment
$4,488.69/mo
Includes CMHC insurance ($24,410)
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.
148 Patterson Road, 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 $795/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 22 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.
Bathroom Count Matters
With 3 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 $3,645 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.