31 The Queensway N/A, Barrie

Price: $1,340,000

6 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: S12895672

Stunning Fully Renovated Home with Basement Income Potential in Barrie's Desirable Innis-Shore Neighbourhood. Welcome to a true turnkey gem - this 3,543 sq ft home plus a 1,400 sq ft fully finished legal basement with its own private exterior entrance has been thoughtfully transformed from top to bottom. Every upgrade was completed between 2023 and 2025 with one goal in mind: modern living at its finest.Step inside to warm hardwood floors throughout, a grand oversized fireplace that anchors the living space, beautifully renovated main bathrooms with premium fixtures, and a varnished staircase that feels brand new. Major investments in the electrical and lighting systems bring modern convenience throughout, with pot lighting added on the first floor and an upgraded utility panel for years of worry-free use. All appliances on every level are sleek and current (2021-2025 models complete with smart/AI capabilities). You'll also enjoy a new 2023 roof, tankless water heater, modern furnace, water softener, critter-proof vents, and a premium security system. New curtains and blinds dress every window perfectly.The lower level is a standout feature - The new owner can easily rent it out for immediate mortgage assistance or extra cash flow while keeping the upper levels as their private sanctuary.Outside, the transformation continues with show-stopping curb appeal: extensive stonework, mature trees, lush garden beds, and fresh mulch in both front and back yards. Enjoy your new gazebo and patio, a resealed driveway, and a fully renovated garage with ramp access for accessibility. West-facing orientation means the kitchen fills with morning sunshine while the front windows frame breathtaking evening sunsets.Just 10 minutes to Lake Simcoe's beaches (with free parking for Barrie residents along the lakeshore), this home sits in the family-friendly Innis-Shore community - surrounded by walking trails and paths, top schools from Preschool through Grade 12.

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$1,340,000 - 31 The Queensway N/A, Barrie

Detached for Sale in Barrie

92 days on market
6Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
S12895672
Property Type
Detached
Status
active
Days on Site
92
Bedrooms
6
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Barrie
Listing Brokerage
RIGHT AT HOME REALTY
Description

Stunning Fully Renovated Home with Basement Income Potential in Barrie's Desirable Innis-Shore Neighbourhood. Welcome to a true turnkey gem - this 3,543 sq ft home plus a 1,400 sq ft fully finished legal basement with its own private exterior entrance has been thoughtfully transformed from top to bottom. Every upgrade was completed between 2023 and 2025 with one goal in mind: modern living at its finest.Step inside to warm hardwood floors throughout, a grand oversized fireplace that anchors the living space, beautifully renovated main bathrooms with premium fixtures, and a varnished staircase that feels brand new. Major investments in the electrical and lighting systems bring modern convenience throughout, with pot lighting added on the first floor and an upgraded utility panel for years of worry-free use. All appliances on every level are sleek and current (2021-2025 models complete with smart/AI capabilities). You'll also enjoy a new 2023 roof, tankless water heater, modern furnace, water softener, critter-proof vents, and a premium security system. New curtains and blinds dress every window perfectly.The lower level is a standout feature - The new owner can easily rent it out for immediate mortgage assistance or extra cash flow while keeping the upper levels as their private sanctuary.Outside, the transformation continues with show-stopping curb appeal: extensive stonework, mature trees, lush garden beds, and fresh mulch in both front and back yards. Enjoy your new gazebo and patio, a resealed driveway, and a fully renovated garage with ramp access for accessibility. West-facing orientation means the kitchen fills with morning sunshine while the front windows frame breathtaking evening sunsets.Just 10 minutes to Lake Simcoe's beaches (with free parking for Barrie residents along the lakeshore), this home sits in the family-friendly Innis-Shore community - surrounded by walking trails and paths, top schools from Preschool through Grade 12.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,927.27/mo

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5-yr fixed avg.

Principal: $1,072,000Interest: $706,182
Mortgage Amount$1,072,000
Total Interest$706,182
Est. Property Tax$949/mo
Total Cost$1,778,182

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

31 The Queensway N/A, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$949
Insurance (est.)-$279
Net Cash Flow+$3,622

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 $383/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 92 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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 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.

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    31 The Queensway N/A, Barrie | $1,340,000 | Battaglia Team