$784,900 - 24 Shortreed Court, Barrie
Detached for Sale in Barrie
78 days on market- MLS Number
- S12953936
- Property Type
- Detached
- Status
- active
- Days on Site
- 78
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- COMFREE
Welcome to a home that offers flexibility, comfort, and opportunity. Whether you're looking for a turnkey investment property, a starter home with built-in rental income, a spacious family residence with a finished basement, or a multigenerational home with an in-law suite, this property adapts to your needs. Tucked away on a quiet court in Barrie's desirable Bayfield-Livingstone neighbourhood, this two-storey brick and siding home feels peaceful and private while still being within walking distance of Georgian Mall, grocery stores, and a variety of local restaurants. The property features two separate living spaces: a spacious four-bedroom, two-and-a-half-bath main home and a legal one-bedroom basement apartment. The main and second floors showcase beautiful hand-scraped maple hardwood flooring, complemented by custom ceramic tile in the foyer, kitchen, and bathrooms. Upstairs you'll find four comfortable bedrooms, including a primary suite with a walk-in closet and private ensuite. The basement apartment is thoughtfully designed with its own separate entrance, full kitchen, three-piece bathroom, in-suite laundry, and bright living space-ideal for extended family or rental income. The home has been carefully maintained, with major capital improvements already completed and the building's key systems in sound condition. Ample parking for multiple vehicles adds to the property's convenience and tenant appeal. Additional features: separate hydro meters for main home and basement apartment; whole-home water filtration/softening with reverse-osmosis to both kitchens and upstairs fridge; wood-burning fireplace upstairs; gas/electric stove hookups; BBQ gas li ne; basement mechanical room with separate tankless heater; ceiling fans; quality finishes (5" baseboards); modern outlets and individual plumbing ball valves; ample storage incl. garage mezzanine and 9x13 basement room (office potential); large backyard with mature apple, cherry, and plum trees.
Estimate your monthly payments for this property
Estimated Payment
$4,026.94/mo
Includes CMHC insurance ($21,899)
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.
24 Shortreed Court, 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 $523/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 78 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.
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 $3,270 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.