$897,000 - 229 Sproule Drive, Barrie
Detached for Sale in Barrie
44 days on market- MLS Number
- S13089702
- Property Type
- Detached
- Status
- active
- Days on Site
- 44
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Welcome to 229 Sproule Drive - A Family Home with Income Potential in Sought-After Barrie.Step into this beautifully maintained 4-bedroom, 2.5-bathroom home that perfectly blends comfort, functionality, and lifestyle. Designed for modern family living, this carpet-free residence offers easy-to-maintain flooring throughout, ideal for allergy-conscious buyers and busy households alike. The main level features both a spacious living room and a separate family room anchored by a cozy fireplace - the perfect setting for relaxing evenings or entertaining guests. Upstairs, four generously sized bedrooms provide ample space for the whole family, complemented by well-appointed bathrooms. A standout feature of this home is the fully finished 1-bedroom basement with a separate entrance and its own private backyard space - an exceptional opportunity for rental income, an in-law suite, or multi-generational living. The two-car garage adds everyday convenience and additional storage. Location Highlights Quick access to Highway 400 for effortless commuting to the GTA, Minutes to Lake Simcoe and Barrie's stunning waterfront, beaches, and trails .Close to top-rated schools, parks, shopping, dining, and recreation .Easy access to GO Transit and Royal Victoria Hospital .Whether you're a growing family looking for space, an investor seeking strong rental potential, or a buyer wanting the best of Barrie living, 229 Sproule Drive checks every box. Don't miss this rare opportunity to own a versatile, move-in-ready home in one of Barrie's most desirable neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$4,602.07/mo
Includes CMHC insurance ($25,026)
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.
229 Sproule 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
Competitive Pricing
At $449/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 44 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 $3,738 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.