5 Cypress Point Street, Barrie

Price: $919,999

6 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: S13121958

Welcome to the perfect blend of style, comfort, and income potential. Nestled on a quiet, family-friendly street, this beautiful home offers exceptional living space plus the added value of a potential inlaw suite! Step inside to a bright open-concept layout featuring 9' smooth ceilings, hardwood flooring, pot lights, and a stunning Great Room with a cozy gas fireplace. The chef-inspired kitchen offers abundant cabinetry, a built-in pantry, and plenty of space for entertaining. Main floor laundry with direct access to the double garage and a separate entrance to the lower level. Upstairs, the spacious primary retreat features double closets, and a 5-piece ensuite with a glass shower and deep soaker tub. Three additional bedrooms offer ideal family functionality, complete with a Jack & Jill bath and separate 4-piece bathroom. Enjoy summer nights in the expansive fenced backyard Located just steps to parks, trails, playgrounds, golf, top-rated schools, shopping, and everyday amenities - this home truly checks every box.

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$919,999 - 5 Cypress Point Street, Barrie

Detached for Sale in Barrie

37 days on market
6Beds
5Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
S13121958
Property Type
Detached
Status
active
Days on Site
37
Bedrooms
6
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Barrie
Listing Brokerage
CENTURY 21 B.J. ROTH REALTY LTD.
Description

Welcome to the perfect blend of style, comfort, and income potential. Nestled on a quiet, family-friendly street, this beautiful home offers exceptional living space plus the added value of a potential inlaw suite! Step inside to a bright open-concept layout featuring 9' smooth ceilings, hardwood flooring, pot lights, and a stunning Great Room with a cozy gas fireplace. The chef-inspired kitchen offers abundant cabinetry, a built-in pantry, and plenty of space for entertaining. Main floor laundry with direct access to the double garage and a separate entrance to the lower level. Upstairs, the spacious primary retreat features double closets, and a 5-piece ensuite with a glass shower and deep soaker tub. Three additional bedrooms offer ideal family functionality, complete with a Jack & Jill bath and separate 4-piece bathroom. Enjoy summer nights in the expansive fenced backyard Located just steps to parks, trails, playgrounds, golf, top-rated schools, shopping, and everyday amenities - this home truly checks every box.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,720.07/mo

Includes CMHC insurance ($25,668)

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5-yr fixed avg.

Principal: $827,999Interest: $562,354
Mortgage Amount$853,667
Total Interest$562,354
Est. Property Tax$652/mo
Total Cost$1,416,021

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

5 Cypress Point Street, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$652
Insurance (est.)-$192
Net Cash Flow+$3,256

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 $460/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 37 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.

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 5 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 $3,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    5 Cypress Point Street, Barrie | $919,999 | Battaglia Team