29 Oakley Park Square, Barrie

Price: $674,900

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: S13097142

Welcome to this move-in-ready 3-bedroom, 2-bath bungalow in Barrie, set on an oversized pie-shaped lot with incredible outdoor space and future possibilities. Whether you're a car enthusiast, hobbyist, investor, or growing family, the huge detached double garage and spacious property offer flexibility that's hard to find.Inside, the home has been freshly painted in modern neutral tones and features hardwood flooring throughout. Major renovations completed approximately 14 years ago included the kitchen, bathrooms, wiring, windows, doors, and shingles-giving you stylish updates and added peace of mind.Designed to be wheelchair-friendly, the home offers accessible and comfortable living for a variety of lifestyles. The primary bedroom includes double closets, a private 4-piece ensuite, and garden doors leading to a large deck recently treated with GoNano wood sealant. Downstairs, the unfinished basement offers exciting potential for additional living space or a future in-law suite with separate entrance capability. Add in the possibility for a future garden suite (subject to city approval), and this property becomes an exceptional opportunity packed with value and versatility.

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$674,900 - 29 Oakley Park Square, Barrie

Detached for Sale in Barrie

43 days on market
3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
S13097142
Property Type
Detached
Status
active
Days on Site
43
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Barrie
Listing Brokerage
RE/MAX HALLMARK CHAY REALTY
Description

Welcome to this move-in-ready 3-bedroom, 2-bath bungalow in Barrie, set on an oversized pie-shaped lot with incredible outdoor space and future possibilities. Whether you're a car enthusiast, hobbyist, investor, or growing family, the huge detached double garage and spacious property offer flexibility that's hard to find.Inside, the home has been freshly painted in modern neutral tones and features hardwood flooring throughout. Major renovations completed approximately 14 years ago included the kitchen, bathrooms, wiring, windows, doors, and shingles-giving you stylish updates and added peace of mind.Designed to be wheelchair-friendly, the home offers accessible and comfortable living for a variety of lifestyles. The primary bedroom includes double closets, a private 4-piece ensuite, and garden doors leading to a large deck recently treated with GoNano wood sealant. Downstairs, the unfinished basement offers exciting potential for additional living space or a future in-law suite with separate entrance capability. Add in the possibility for a future garden suite (subject to city approval), and this property becomes an exceptional opportunity packed with value and versatility.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,462.59/mo

Includes CMHC insurance ($18,830)

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5%10%50%

5-yr fixed avg.

Principal: $607,410Interest: $412,536
Mortgage Amount$626,240
Total Interest$412,536
Est. Property Tax$478/mo
Total Cost$1,038,776

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: Barrie

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

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

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.

70
Walk Score
Varies
Price Range

29 Oakley Park Square, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$478
Insurance (est.)-$141
Net Cash Flow+$2,181

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 $450/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 43 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.

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.

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 $2,812 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    29 Oakley Park Square, Barrie | $674,900 | Battaglia Team