$798,888 - 55 Browning Trail, Barrie
Detached for Sale in Barrie
109 days on market- MLS Number
- S12675554
- Property Type
- Detached
- Status
- active
- Days on Site
- 109
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- FRIENDS REALTY POINT
Welcome to 55 Browning Trail, an investors dream and the perfect opportunity for first-time homebuyers to step into the market with income already flowing! This LEGAL duplex, registered with the City of Barrie, offers incredible versatility and positive cash flow.The home boasts over $150,000 in recent renovations, including fully updated bathrooms with sleek standing showers, modern tile work, pot lights, and upgraded laundry area with tile flooring and brand new washer and dryer. Step inside to find a bright and spacious kitchen featuring white soft-close hardwood cabinetry, quartz countertops, tiled backsplash and modern pot lights, Modern Stainless Steel appliances (recently updated), including a high-end Cafe refrigerator, stove, and dishwasher. The legal walkout basement apartment offers a separate entrance, 1 large bedroom, 1 full bathroom, a modern kitchen with quartz countertops and cooktop, luxury vinyl flooring, pot lights throughout, and a stunning accent fireplace wall perfect for extended family or rental income. Freshly painted from top to bottom, this turn-key home is move-in ready and ideal for both investors and families alike. Conveniently located with quick access to Highway 400 and situated directly on a bus route, this home is a commuters dream! Just steps away, enjoy the vibrant Lampman Lane Park, featuring a splash pad, accessible playground, skate park, tennis and basketball courts, a community garden, and more.Whether you are an investor looking for steady cash flow, or a first-time homebuyer wanting to offset your mortgage with rental income, this property checks all the boxes. Located in a family-friendly neighbourhood, just minutes from shopping, schools, parks, and Highway 400 for easy commuting. Do not miss this rare opportunity in Barrie a turnkey investment property with strong returns and long-term growth potential.
Estimate your monthly payments for this property
Estimated Payment
$4,098.71/mo
Includes CMHC insurance ($22,289)
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.
55 Browning Trail, Barrie
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Rental income estimator & ROI calculator
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 $726/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.
Negotiation Opportunity
At 109 days on site, this property has exceeded the typical selling timeline for Barrie. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Barrie. Good resale value as demand remains consistent.
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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.