25 Madelaine Drive Unit 5, Barrie

Price: $438,500

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: S12738438

Location, Location, Location!This spacious two-bedroom condo offers unbeatable convenience, walking distance to the GO Train, shopping, schools, and nearly everything else you need for daily living. Step inside to find brand new flooring and trim that make this unit truly move-in ready. Unlike many condos, this home offers a comfortable, open feel, and yes you can BBQ on the balcony! Enjoy an abundance of natural light thanks to large windows throughout. Don't miss your chance, book your private showing today!

25 Madelaine Drive Unit 5 - Condo photo 1 of 14 in Barrie, Ontario
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$438,500 - 25 Madelaine Drive Unit 5, Barrie

Condo for Sale in Barrie

116 days on market

Neighbourhood: Painswick South

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
S12738438
Property Type
Condo
Status
active
Days on Site
116
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Barrie
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
CENTURY 21 B.J. ROTH REALTY LTD.
Description

Location, Location, Location!This spacious two-bedroom condo offers unbeatable convenience, walking distance to the GO Train, shopping, schools, and nearly everything else you need for daily living. Step inside to find brand new flooring and trim that make this unit truly move-in ready. Unlike many condos, this home offers a comfortable, open feel, and yes you can BBQ on the balcony! Enjoy an abundance of natural light thanks to large windows throughout. Don't miss your chance, book your private showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,249.73/mo

Includes CMHC insurance ($12,234)

$
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5%10%50%

5-yr fixed avg.

Principal: $394,650Interest: $268,036
Mortgage Amount$406,884
Total Interest$268,036
Est. Property Tax$311/mo
Total Cost$674,920

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.

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Neighbourhood Guide: Painswick South

Discover Painswick South

Painswick South 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 Painswick South

  • Convenient location in Barrie
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Painswick South 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.

70
Walk Score
Varies
Price Range

25 Madelaine Drive Unit 5, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$311
Insurance (est.)-$91
Net Cash Flow+$1,308

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $439/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 116 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

About Painswick South

I know Painswick South well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    25 Madelaine Drive Unit 5, Barrie | $438,500 | Battaglia Team