$708,900 - 49 Park Street, Barrie
Detached for Sale in Barrie
35 days on market- MLS Number
- S13137560
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- RE/MAX CROSSTOWN REALTY INC.
Immediate possession available. Stunning updated century home on corner lot. Short walk to Barrie's vibrant waterfront, parks & shopping. Zoning is RM2 allowing for multi family development opportunity (3 meter bases installed). This gorgeous home has had over $120,000 in major updates - all big ticket items complete. The main level includes a formal dining room w beautifully maintained original wainscotting & trim, a brand new country size kitchen w loads of cupboard & counter space. The kitchen flows seemlesly to the fenced landscaped side yard w unistone walk path & back covered traditional porch w lighting & ceiling fan, plus also leads to the handy back door mud room which is insulated & has hydro. From the kitchen you can walk directly to dining room for entertaining and also see your front door plus side yard for viewing children & guests. Also on this floor is a large living room w ensuite. (This cd be 4th bdrm w ensuite). The living room dining room & both bathrooms gutted to the studs and rebuilt while keeping the beautiful character of the wainscotting and trim. 2 new bathrooms & laundry on main floor were created in 2015. (living room ensuite has been freshly remodeled this month). Upstairs has 3 good size bedrooms all with closets - smaller room was fully gutted to studs. One bedroom still has the cinderella door facing the front of the house. Outside fenced yard with mature lilac bushes, smoke bush, hydrangea, mountain ash tree. The basement is high & dry w stone walls pored cement floor & plenty of storage space. Driveway & curb widened into double which holds 4 vehicles. 1 quality beige shed stays. Updates: see attachment for detailed list - furnace 2015 - exterior doors - ALL electrical & plumbing entire house - air conditioning 10 yrs - updated water line to street - 25 year shingles May 2011 - Mud room gutted 2020 & reno'd also new shingles & ice & shield. Central Vac roughed in (no unit). Move in and enjoy. Motivated sellers, bring an offer.
Estimate your monthly payments for this property
Estimated Payment
$3,637.02/mo
Includes CMHC insurance ($19,778)
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.
49 Park 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 $644/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 35 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.
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.
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.
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 $2,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.