$975,000 - 164 Cheltenham Road, Barrie
Detached for Sale in Barrie
- MLS Number
- S13210876
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Beautifully Renovated, $$ Spent * Lovingly Maintained Family Home in Barrie's Desirable Georgian Drive Neighbourhood * Backing & Siding onto Green Space with No Neighbours on Two Sides for Exceptional Privacy and Ravine Views * Premium 79.4 x 97.9 Ft Lot with Rare Frontage * 4+1 Bedrooms & 4 Bathrooms * Hardwood Flooring Throughout Main & Basement Common Area * Functional, Spacious Layout with Separate Living, Dining, and Family Rooms, Including a Cozy Fireplace * Bright, Modern Kitchen with Quartz Countertops and Backsplash, Breakfast Bar, Newer Fridge (2024), and Walk-Out to a Raised Wrap-Around Deck Overlooking Mature Trees & Green Space * Primary Bedroom Retreat with Walk-In Closet & Renovated 4-Piece Ensuite Featuring a Glass Shower * 3 Additional Generously Sized Bedrooms + 5th Large Bedroom in Basement * Finished Walk-Out Basement Featuring a Large Rec Room, Pot Lights, 3-Piece Bath, Wet Bar, Cold Room/Cantina, and Excellent In-Law Suite Potential with Private Entrance! * Backyard Oasis with Patio Area & Landscaped Yard, Perfect for Relaxing & Entertaining * Extensive Recent Upgrades by Current Owner, including Windows (2024), Roof (Approx. 8 Yrs), Furnace & A/C (2024), Kitchen Renos (2024), Washer & Dryer (2024), Newer Berber Carpet (2023), Exterior Doors and Garage Doors, Front Patio * Quiet, Family-Friendly Neighbourhood, Just Minutes to RVH, Georgian College, Little Lake, Shopping, Schools, Transit, & Hwy 400 Access * Rare Opportunity to Own a Premium Ravine-Designated Lot with Unmatched Privacy in One of Barrie's Most Convenient & Welcoming Neighbourhoods * Don't Miss It! * Some photos have been digitally enhanced.
Estimate your monthly payments for this property
Estimated Payment
$5,002.26/mo
Includes CMHC insurance ($27,203)
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.
164 Cheltenham 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 $488/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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Barrie.
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 $4,063 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.