89 Fairlane Avenue, Barrie

Price: $599,990

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: S12931320

This 3 storey freehold townhome built in 2022 offers over 1200 sq ft of comfortable living space. Conveniently located in South East Barrie where the Go Station, groceries, dining, schools, trails, parks and the library are all within walking distance, and the Hwy and downtown are just a short drive. It offers a rare 3 car driveway with installed privacy fences on either side as well as a an attached finished garage as a 4th parking option. Stepping into the bright main level there is plenty of space to welcome guests or even convert into an office space. Walking up the stairs that have been stained to match the laminate flooring throughout providing a cohesiveness you are greeted with a bright open concept living, kitchen and dining area. The large living room fits a comfortable sectional and a boasts an updated feature wall with beautiful stone and an electric Napoleon fireplace. Off the living room you have access to an oversized deck that fits an outdoor dining set and BBQ beautifully. The kitchen has upgraded stainless steel appliances and a polished backsplash tile complimenting the granite countertops. The dining room fits an 8 seater dining table comfortably with double doors opening to a Juliette balcony. The third floor offers 3 bedrooms, a full bath with upgraded glass shower doors, as well as the convenience of your LG stackable washer and dryer just outside the primary bedroom. The second bedroom is completed with beautiful trim work and a custom closet, while the third bedroom is freshly painted and ready for your personal touch. This home has been thoughtfully maintained and updated and is move in ready!

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$599,990 - 89 Fairlane Avenue, Barrie

Townhouse for Sale in Barrie

84 days on market
3Beds
1Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
S12931320
Property Type
Townhouse
Status
active
Days on Site
84
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Barrie
Lot Size
1,473 sqft
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

This 3 storey freehold townhome built in 2022 offers over 1200 sq ft of comfortable living space. Conveniently located in South East Barrie where the Go Station, groceries, dining, schools, trails, parks and the library are all within walking distance, and the Hwy and downtown are just a short drive. It offers a rare 3 car driveway with installed privacy fences on either side as well as a an attached finished garage as a 4th parking option. Stepping into the bright main level there is plenty of space to welcome guests or even convert into an office space. Walking up the stairs that have been stained to match the laminate flooring throughout providing a cohesiveness you are greeted with a bright open concept living, kitchen and dining area. The large living room fits a comfortable sectional and a boasts an updated feature wall with beautiful stone and an electric Napoleon fireplace. Off the living room you have access to an oversized deck that fits an outdoor dining set and BBQ beautifully. The kitchen has upgraded stainless steel appliances and a polished backsplash tile complimenting the granite countertops. The dining room fits an 8 seater dining table comfortably with double doors opening to a Juliette balcony. The third floor offers 3 bedrooms, a full bath with upgraded glass shower doors, as well as the convenience of your LG stackable washer and dryer just outside the primary bedroom. The second bedroom is completed with beautiful trim work and a custom closet, while the third bedroom is freshly painted and ready for your personal touch. This home has been thoughtfully maintained and updated and is move in ready!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,078.26/mo

Includes CMHC insurance ($16,740)

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5-yr fixed avg.

Principal: $539,991Interest: $366,747
Mortgage Amount$556,731
Total Interest$366,747
Est. Property Tax$425/mo
Total Cost$923,478

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

89 Fairlane Avenue, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$2,000

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 $545/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 84 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Barrie have shown strong appreciation as families seek more space.

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.

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 $2,500 (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.

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    89 Fairlane Avenue, Barrie | $599,990 | Battaglia Team