$1,099,000 - 3 Cypress Point Street, Barrie
Detached for Sale in Barrie
64 days on market- MLS Number
- S13006016
- Property Type
- Detached
- Status
- active
- Days on Site
- 64
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Looking for a home that offers everyday comfort, timeless style, and income-generating potential? This is the one. Located on a quiet, desirable street, this beautifully maintained residence delivers exceptional family living with the added benefit of a legal basement apartment. From the moment you step inside, you'll appreciate the bright open-concept layout, ideal for both daily living and entertaining. The main floor features 9' smooth ceilings, pot lights, and hardwood flooring throughout the principal living areas. The spacious Great Room is highlighted by a cozy gas fireplace and flows seamlessly into the chef's kitchen, complete with a built-in pantry and ample storage. The main level also includes a convenient laundry room with direct access to the double-car garage, equipped with an electric vehicle charging station. Upstairs, unwind in the generous primary suite featuring a wall-mounted fireplace, double closets, and a luxurious 5-piece ensuite with a glass-enclosed shower and deep soaking tub. Three additional well-appointed bedrooms provide plenty of space for family or guests, including a Jack & Jill bathroom and a separate 4-piece main bath. The legal basement apartment offers a spacious living and dining area, full kitchen, bedroom, den, and a 3-piece bathroom with heated floors, plus a rough-in for secondary laundry - perfect for rental income or extended family. Designed for entertaining, the expansive backyard boasts a custom wooden deck and two stylish pergolas, including one over the BBQ area - ideal for summer gatherings or relaxing evenings outdoors. Ideally located steps from Muirfield Park, scenic trails, and playgrounds, with quick access to golf courses, top-rated schools, shopping, and services. Just 10 minutes to Hwy 400 and approximately 45 minutes to Toronto, Collingwood, and Cottage Country.
Estimate your monthly payments for this property
Estimated Payment
$4,861.25/mo
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.
3 Cypress Point Street, 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 $550/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 64 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 5 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 $4,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.