$689,990 - 18 Rainwater Lane, Barrie
Townhouse for Sale in Barrie
49 days on market- MLS Number
- S13070836
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 49
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- PMA BRETHOUR REAL ESTATE CORPORATION INC.
Modern Living Meets Smart Design in the Heart of Barrie. Welcome to this beautifully crafted 3-storey townhome offering the perfect blend of style, functionality, and energy efficiency-ideal for first-time buyers, families or investors ready to step into homeownership with confidence. Featuring 3 spacious bedrooms and 2 bathrooms, this thoughtfully designed home welcomes you with a bright, open-concept layout filled with natural light. The contemporary kitchen is both stylish and practical, complete with quartz countertops, sleek square-edge detailing, a breakfast bar, and a stainless steel dual-basin sink-perfect for everyday living and entertaining alike. The living and dining area flows seamlessly to your private patio, creating an inviting indoor-outdoor space to relax or host guests. Luxury vinyl flooring runs throughout, complemented by striking open tread stairs that add a modern architectural touch. Upstairs, the primary bedroom offers a peaceful retreat with a walk-in closet and a private 3-piece ensuite, while additional bedrooms provide flexibility for family, guests, or a home office. Enjoy the convenience of a spacious double-car garage and premium finishes throughout, including pot lights and upgraded details. Built with sustainability in mind, this home features an ENERGY STAR qualified advanced heating and cooling system with a ground source heat pump, along with an efficient water heating system-helping you save on utilities while reducing your environmental footprint. Located in a vibrant, community-focused neighbourhood, residents enjoy shared amenities designed for year-round enjoyment, including a summer pickleball court, winter ice rink, outdoor fitness equipment, and a community park. Tarion warranty and HST included. A fantastic opportunity to own a stylish, energy-efficient home in one of Barrie's growing communities.
Estimate your monthly payments for this property
Estimated Payment
$3,540.01/mo
Includes CMHC insurance ($19,251)
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.
18 Rainwater Lane, 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 $460/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.
Negotiation Opportunity
At 49 days on site, this property has exceeded the typical selling timeline for Barrie. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Barrie have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.