49 Ferndale Drive Unit 7, Barrie

Price: $539,900

3 bedrooms, 4 bathrooms

1,800 sqft

Property Type: Condo

MLS#: S13101258

Welcome to your new address! Pride of ownership is clearly evident in this immaculate three storey townhome located in a desirable well-maintained community nestled next to the Bear Creek Eco Park. Enjoy exclusive maintenance free living that offers plenty of visitor parking and its own playground. This beautiful town home offers over 1900 sq feet of living space, parking for three vehicles and privacy with no neighbours behind. This home showcases 3 bedrooms and 4 bathrooms conveniently offering one on each level. The bright ground floor living area may be used as a rec-room, home office or even an additional bedroom that offers a walk out to the private back patio area. The possibilities are just endless for this flex space! Enjoy entertaining in the bright open concept modern kitchen and dining area that leads to a private balcony area where you can enjoy barbequing, an evening night cap or reading your favorite book. The welcoming primary bedroom features its own 4 piece ensuite and large walk-in closet with built ins. Bonuses for this amazing property includes: a new furnace and AC, laminate throughout, new SS kitchen appliances and washer/dryer set, 6 new ceiling fans, updated faucets/toilets and inside access to the garage. Conveniently located close to all amenities including schools, trails, shopping and easy access for commuting. Arrange a private viewing to discover what this beautiful family friendly community has to offer!

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$539,900 - 49 Ferndale Drive Unit 7, Barrie

Condo for Sale in Barrie

36 days on market
3Beds
4Baths
1,800Sq Ft
Condo
Property Details
MLS Number
S13101258
Property Type
Condo
Status
active
Days on Site
36
Bedrooms
3
Bathrooms
4
Square Feet
1,800 sqft
Neighbourhood
Barrie
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE
Description

Welcome to your new address! Pride of ownership is clearly evident in this immaculate three storey townhome located in a desirable well-maintained community nestled next to the Bear Creek Eco Park. Enjoy exclusive maintenance free living that offers plenty of visitor parking and its own playground. This beautiful town home offers over 1900 sq feet of living space, parking for three vehicles and privacy with no neighbours behind. This home showcases 3 bedrooms and 4 bathrooms conveniently offering one on each level. The bright ground floor living area may be used as a rec-room, home office or even an additional bedroom that offers a walk out to the private back patio area. The possibilities are just endless for this flex space! Enjoy entertaining in the bright open concept modern kitchen and dining area that leads to a private balcony area where you can enjoy barbequing, an evening night cap or reading your favorite book. The welcoming primary bedroom features its own 4 piece ensuite and large walk-in closet with built ins. Bonuses for this amazing property includes: a new furnace and AC, laminate throughout, new SS kitchen appliances and washer/dryer set, 6 new ceiling fans, updated faucets/toilets and inside access to the garage. Conveniently located close to all amenities including schools, trails, shopping and easy access for commuting. Arrange a private viewing to discover what this beautiful family friendly community has to offer!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,769.97/mo

Includes CMHC insurance ($15,063)

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5-yr fixed avg.

Principal: $485,910Interest: $330,017
Mortgage Amount$500,973
Total Interest$330,017
Est. Property Tax$382/mo
Total Cost$830,990

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

49 Ferndale Drive Unit 7, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,400/mo
Range: $2,890 - $3,910
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,400
Maintenance Fees-$1,170
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$1,736

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 $300/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 36 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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.

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.

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 $2,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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