$925,000 - 5 Magna Carta Road, Barrie
Detached for Sale in Barrie
36 days on market- MLS Number
- S13123874
- Property Type
- Detached
- Status
- active
- Days on Site
- 36
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- RE/MAX HALLMARK PEGGY HILL GROUP REALTY
FAMILY-SIZED LIVING IN SOUTH BARRIE WITH 5 GENEROUS BEDROOMS, FLEXIBLE BASEMENT SPACE, & MODERN UPGRADES THROUGHOUT! Welcome to this modern South Barrie home, ideally located close to schools, parks, and walking trails within a vibrant, family-oriented community. The Barrie South GO Station is less than 10 minutes away, along with shopping, restaurants, and both the Barrie and Innisfil waterfronts, with access to Friday Harbour Resort just 12 minutes away. From the moment you arrive, the inviting stamped concrete entryway, covered front porch, attached double garage, and updated back deck set the tone, offering a private outdoor retreat with generous green space and an irrigation system for low-maintenance living. Inside, natural light fills the open-concept main floor, with a spacious kitchen, breakfast nook, and family room anchored by a cozy fireplace, backyard walkout, and hardwood floors. The kitchen is both stylish and functional, showcasing stainless steel appliances, a sleek tile backsplash, a large centre island, and a servery connecting to the formal dining room. A separate main floor living room adds versatility, complemented by a powder room and convenient laundry area with direct garage access and newer appliances. Upstairs, four generous bedrooms create a comfortable layout, highlighted by a primary suite featuring a walk-in closet and a 5-piece ensuite with dual vanities, a deep soaker tub, and separate shower, while a 4-piece main bathroom serves the remaining bedrooms with ease. The basement extends the living space further with a bedroom, 3-piece bath, and a large unfinished area with electrical in place, offering endless potential. Extensive updates complete this #HomeToStay, including a new 2-stage furnace (2025), upgraded windows, roof, exterior vents, R-60 attic insulation, ceiling fans, bathroom shut-off valves and faucets, modernized lighting throughout, and a recent Purair duct cleaning.
Estimate your monthly payments for this property
Estimated Payment
$4,745.73/mo
Includes CMHC insurance ($25,808)
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.
5 Magna Carta Road, 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 $370/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.
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 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 $3,854 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.