$729,000 - 54 SPRINGDALE Drive, Barrie
Multi-Family for Sale in Barrie
New — Listed yesterday- MLS Number
- S13439746
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- REAL ESTATE HOMEWARD
Incredible Versatility Meets Prime Location! 54 Springdale Drive presents a rare opportunity for extended families, multi-generational households, or buyers wanting a premium mortgage helper. Unlike restrictive up/down setups, this legal duplex was originally a classic sidesplit. It still retains that architectural flow, meaning it can easily be converted back into a large, cohesive single-family home down the road if desired. As it sits, the property offers two fantastic, self-contained living spaces renovated in 2017. The 3-bedroom configuration features a 4-piece bathroom plus a convenient 2-piece powder room. The 2-bedroom configuration includes its own 3-piece bath -both spaces feature independent laundry areas. Sitting on a premium double lot, you'll enjoy a massive backyard that is increasingly hard to find in Barrie. The expansive lot size makes it an ideal candidate for a future garden suite, giving you amazing long-term upside to build an additional garden suite for parents, adult children, or added rental income.Currently fully rented to reliable tenants, the property offers immediate financial stability. Located around the corner from major transit routes, elementary schools, and the endless amenities of Bayfield Street. A truly unique piece of real estate with multiple ways to win!
Estimate your monthly payments for this property
Estimated Payment
$3,740.15/mo
Includes CMHC insurance ($20,339)
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.
54 SPRINGDALE 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
Competitive Pricing
At $663/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.
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.
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 3 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 $3,038 (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.