62 Corbett Drive, Barrie

Price: $579,900

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: S13170184

Beautifully Updated Detached Family Home Offering 4 Bedrooms Plus A Bonus Room And 2.5 Bathrooms In A Fantastic Barrie Location, Perfect For Growing, Multigenerational Families, Or Savvy Investors. The Main Floor Welcomes You With An Updated Kitchen, Bright Open Living Room, Convenient Powder Room, And A Versatile Bonus Room With Its Own Window And Separate Entrance, Ideal For In-Laws, Guests, A Teen Retreat, Gym, Home Office, Playroom, Or Additional Family Space. Upstairs, You'll Find Spacious Bedrooms Perfectly Suited For Family Living. The Finished Basement Adds Even More Functional Living Space With An Additional Bedroom, Full Bathroom, Laundry Area, And A Bonus TV Lounge Or Office Nook, Creating Excellent Flexibility For Larger Families, Remote Work, Or Extended Living Arrangements. Fresh Paint Throughout Enhances The Move-In-Ready Feel, While Major Updates Include Windows (2019), Furnace And A/C (2020), Roof Shingles (2021), Plus A Newer Stove, New Dishwasher, And Range Hood (2025) For Added Peace Of Mind. A Fantastic Opportunity To Own A Home That Offers Space, Versatility, And Modern Updates In A Convenient Neighbourhood Close To Georgian College, RVH Hospital, Schools, Parks, And Everyday Amenities. Select images have been virtually staged to showcase potential layout and furnishings.

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$579,900 - 62 Corbett Drive, Barrie

Detached for Sale in Barrie

5Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
S13170184
Property Type
Detached
Status
active
Days on Site
24
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Barrie
Listing Brokerage
ROCK STAR REAL ESTATE INC.
Description

Beautifully Updated Detached Family Home Offering 4 Bedrooms Plus A Bonus Room And 2.5 Bathrooms In A Fantastic Barrie Location, Perfect For Growing, Multigenerational Families, Or Savvy Investors. The Main Floor Welcomes You With An Updated Kitchen, Bright Open Living Room, Convenient Powder Room, And A Versatile Bonus Room With Its Own Window And Separate Entrance, Ideal For In-Laws, Guests, A Teen Retreat, Gym, Home Office, Playroom, Or Additional Family Space. Upstairs, You'll Find Spacious Bedrooms Perfectly Suited For Family Living. The Finished Basement Adds Even More Functional Living Space With An Additional Bedroom, Full Bathroom, Laundry Area, And A Bonus TV Lounge Or Office Nook, Creating Excellent Flexibility For Larger Families, Remote Work, Or Extended Living Arrangements. Fresh Paint Throughout Enhances The Move-In-Ready Feel, While Major Updates Include Windows (2019), Furnace And A/C (2020), Roof Shingles (2021), Plus A Newer Stove, New Dishwasher, And Range Hood (2025) For Added Peace Of Mind. A Fantastic Opportunity To Own A Home That Offers Space, Versatility, And Modern Updates In A Convenient Neighbourhood Close To Georgian College, RVH Hospital, Schools, Parks, And Everyday Amenities. Select images have been virtually staged to showcase potential layout and furnishings.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,975.19/mo

Includes CMHC insurance ($16,179)

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5-yr fixed avg.

Principal: $521,910Interest: $354,467
Mortgage Amount$538,089
Total Interest$354,467
Est. Property Tax$411/mo
Total Cost$892,556

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

62 Corbett Drive, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
6.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$411
Insurance (est.)-$121
Net Cash Flow+$3,068

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 $527/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 24 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 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 $2,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    62 Corbett Drive, Barrie | $579,900 | Battaglia Team