$1,399,000 - 162 Kempenfelt Drive, Barrie
Detached for Sale in Barrie
New — Listed 4 days ago- MLS Number
- S13248750
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- ROYAL LEPAGE FIRST CONTACT REALTY
Kempenfelt Drive, panoramic direct views of Lake Simcoe's Kempenfelt Bay from sunrise until city lights on the water in the evening. In town lifestyle, Barrie's finest, close to restaurants, shops, art gallery, parks, bike paths, a sailing school, a local beach, with a large backyard and ice skating & pick up hockey on the lake just outside the door, in the highly respected Codrington school district. 4 bedroom, 4 washroom, 3650 sq ft finished, 1990 sq ft on the main level, large 67ft x 167ft treed lot. Old & new! 1918 original but effectively 1997 construction with the substantial high ceiling great room & kitchen addition, quality throughout, Advantage Homes built, floor to ceiling soaring windows with transoms. Premium kitchen with extra high cupboards, upper glass doors & shelves, pantry, stainless backsplash & large island. Open concept plan, most rooms enjoying the water view. Spacious dining room overlooks the front living room, great room & kitchen. A water view bedroom adjacent to the front door is ideal for a home office option, walk in closet in primary. Hardwood floors & staircase, main floor laundry, updated/newer baths, glass shower, kitchen counters & appliances + the down draft cooktop venting, some windows, hybrid heat pump gas furnace, shingles, central vac, electrical service to the pole (200A), level 2 EV car charger, automatic back up generator, extra insulation above the kitchen ceiling. Updated lower level, charming spa bath w/ soaker tub, large day light windows, electric fireplace in rec room plus a gas fireplace in the family room with a kitchenette, ideal in-law or nanny suite or use the space yourself. Step outside onto low maintenance composite decks back & front with glass railing for unobstructed water views. Flagstone walk ways, covered front porch, gardens, amazing mature trees, an oversized single garage, 7 car space parking, 10ft x 10ft insulated studio/shed with power. This is a superb lake view property and it shows so well.
Estimate your monthly payments for this property
Estimated Payment
$6,188.25/mo
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.
162 Kempenfelt Drive, 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
Fair Market Value
At $933/sqft, this property is priced in line with current Barrie market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Barrie's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 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 $5,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.