$674,888 - 37 Nicholson Drive, Barrie
Detached for Sale in Barrie
New — Listed yesterday- MLS Number
- S13456902
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- CENTURY 21 B.J. ROTH REALTY LTD.
Great Income potential with this charming Brick Bungalow with Walk-Out In-Law Suite in the Heart of Ardagh Bluffs! Welcome to this spacious and sun-drenched bungalow ideally situated on a quiet, family-friendly street backing directly onto a schoolyard and just steps from Ferndale Park! This well-maintained home offers a versatile layout perfect for multi-generational living or potential rental income. The main floor features two generous bedrooms, a bright open-concept living and dining area, and a large, sun-filled kitchen with ample cabinetry and walkout to a private upper deck overlooking the serene, tree-lined school field for your own peaceful retreat. Enjoy the convenience of main floor laundry, new laminate flooring, and inside access to the garage. Downstairs, the fully finished walk-out basement offers a separate entrance to a self-contained in-law suite, complete with two additional bedrooms, a full kitchen, 4-piece bath, spacious living area, and a cozy 3-season sunroom. Located in the highly desirable Ardagh Bluffs neighbourhood renowned for its trails, top-rated schools, and easy access to shopping, parks, and Hwy 400, this is a rare opportunity to own a turn-key home in one of Barrie's most sought-after communities.
Estimate your monthly payments for this property
Estimated Payment
$3,462.52/mo
Includes CMHC insurance ($18,829)
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.
37 Nicholson 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
Fair Market Value
At $964/sqft, this property is priced in line with current Barrie market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Barrie's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Barrie. Good resale value as demand remains consistent.
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.