$485,000 - 57 Ferndale Drive Unit 7, Barrie
Condo for Sale in Barrie
50 days on market- MLS Number
- S13053328
- Property Type
- Condo
- Status
- active
- Days on Site
- 50
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,800 sqft
- Neighbourhood
- Barrie
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- Signature Elite Realty Ltd.
There's so many reasons to love this home. Commuters - 9 min drive to GO transit! Almost 1900 sq ft with no wasted space and no neighbours behind. Live your dream and be only minutes to Centennial Beach and steps to Bear Creek Eco Park. Amazing family neighbourhood/complex. Rare oversized garage (it fits your large SUV OR your boat!), plus space for 2 more cars on drive. Step into your ground level basement with interior garage access, new 4th bathroom in 2025, and sunny recreation room with walkout to your private patio - perfect for entertaining!! This space could also become an in law suite for extended family with a little imagination! Your main floor offers so many options from the massive living room with enough space if you need to work from home or need a play area for the kids, to your lovely updated kitchen and large dining area and a walkout to private balcony (enjoy easy access to your bbq, no need to run downstairs). New kitchen appliances in 2024, backsplash, upgraded cabinetry and feature wall. Follow your upgraded staircase to the top level with three great sized rooms and super convenient ensuite laundry! No more lugging your bedsheets up and down stairs. The primary bedroom retreat is truly a masterpiece with a massive walk in closet and 4 piece ensuite for the ultimate in privacy. Condo complex with its own playground, and abundant visitor parking. Minutes to everything you would need!!! Barrie residents receive two free vehicle passes to all beaches & other parking perks. Live somewhere affordable with all city conveniences PLUS quaint beach/small town life feeling. Some photos have been virtually staged. It's hard to find a home THIS large with so much to offer!
Estimate your monthly payments for this property
Estimated Payment
$2,488.30/mo
Includes CMHC insurance ($13,532)
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.
57 Ferndale Drive Unit 7, 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 $269/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 50 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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.
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.
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.