$895,000 - 35 Gibbon Drive, Barrie
Detached for Sale in Barrie
50 days on market- MLS Number
- S13061852
- Property Type
- Detached
- Status
- active
- Days on Site
- 50
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- ROYAL LEPAGE FIRST CONTACT REALTY
Immaculately maintained 2 plus 3 bedroom bungalow with a walkout basement with South/ West views. Spectacular view of the city valley. Gregor Built aprox 3077 square foot finished all brick home. First time on market since 1991. Located in Barries North West, close to HWY 400 for easy commutes. 2 Bedroom, 2 bath on Main Level and 3 spacious bedrooms and 1 bath in lower level. Master bedroom contains a 4 piece ensuite bathroom and walk in closet. Oak Hardwood on main level. 2 walkouts to upper deck from kitchen and family room and 1 walkout off of large recreation room in lower level. Updated eat in kitchen with granite countertops and walkout to large deck. Great for entertaining. Kitchen combined with living room with a walkout to deck. Dining room and family room complete the main level. Quiet family location. Double car garage with openers and parking for 2 more cars on the unistone driveway. Perfect home for the growing family or to downsize. Enjoy the beautiful sunsets from the south west facing back yard decks.
Estimate your monthly payments for this property
Estimated Payment
$4,591.81/mo
Includes CMHC insurance ($24,971)
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.
35 Gibbon Drive, 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 $597/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 50 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 3 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 $3,729 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.