lot#1406 Pearen Lane, Barrie

Price: $699,999

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: S12795834

Assingment sale- Experience modern living in this stunning end-unit townhome built by Mattamy Homes, ideally situated in the vibrant South Barrie community near the border of Innisfil. With convenient access to Highway 400, commuting to the GTA is seamless and stress-free.Designed with style and functionality in mind, this contemporary home offers 4 spacious bedrooms and 4 bathrooms across a bright, open-concept layout. Enjoy 9-foot ceilings on the main and second levels, expansive windows that flood the space with natural light, and premium finishes throughout, including durable SPC flooring, elegant quartz countertops, and sleek stainless steel appliances.The chef-inspired kitchen showcases a generous center island with breakfast bar seating and flows effortlessly to a covered deck-perfect for morning coffee or hosting family and friends. The primary retreat features a walk-in closet, a private ensuite, and its own sundeck for added comfort and privacy. Two additional bedrooms upstairs share a well-appointed full bathroom, complemented by the convenience of second-floor laundry.On the ground level, a versatile bedroom with its own ensuite, walk-in closet, and separate entrance offers incredible flexibility-ideal for extended family, guests, or potential income opportunities.Additional highlights include an attached garage, private patio space, owned mechanical systems including a tankless water heater, and full Tarion warranty coverage for peace of mind.Located just minutes from shopping and dining along Mapleview Drive, parks, schools, and everyday essentials, this home is set in a rapidly growing neighborhood poised for long-term value. A rare opportunity to own a bright and spacious end unit in one of South Barrie's most desirable locations.

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$699,999 - lot#1406 Pearen Lane, Barrie

Townhouse for Sale in Barrie

108 days on market
5Beds
4Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
S12795834
Property Type
Townhouse
Status
active
Days on Site
108
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Barrie
Listing Brokerage
ROYAL LEPAGE FLOWER CITY REALTY
Description

Assingment sale- Experience modern living in this stunning end-unit townhome built by Mattamy Homes, ideally situated in the vibrant South Barrie community near the border of Innisfil. With convenient access to Highway 400, commuting to the GTA is seamless and stress-free.Designed with style and functionality in mind, this contemporary home offers 4 spacious bedrooms and 4 bathrooms across a bright, open-concept layout. Enjoy 9-foot ceilings on the main and second levels, expansive windows that flood the space with natural light, and premium finishes throughout, including durable SPC flooring, elegant quartz countertops, and sleek stainless steel appliances.The chef-inspired kitchen showcases a generous center island with breakfast bar seating and flows effortlessly to a covered deck-perfect for morning coffee or hosting family and friends. The primary retreat features a walk-in closet, a private ensuite, and its own sundeck for added comfort and privacy. Two additional bedrooms upstairs share a well-appointed full bathroom, complemented by the convenience of second-floor laundry.On the ground level, a versatile bedroom with its own ensuite, walk-in closet, and separate entrance offers incredible flexibility-ideal for extended family, guests, or potential income opportunities.Additional highlights include an attached garage, private patio space, owned mechanical systems including a tankless water heater, and full Tarion warranty coverage for peace of mind.Located just minutes from shopping and dining along Mapleview Drive, parks, schools, and everyday essentials, this home is set in a rapidly growing neighborhood poised for long-term value. A rare opportunity to own a bright and spacious end unit in one of South Barrie's most desirable locations.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,591.36/mo

Includes CMHC insurance ($19,530)

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5-yr fixed avg.

Principal: $629,999Interest: $427,878
Mortgage Amount$649,529
Total Interest$427,878
Est. Property Tax$496/mo
Total Cost$1,077,407

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

lot#1406 Pearen Lane, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,730/mo
Range: $3,171 - $4,290
Cap Rate (ROI)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,730
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$3,088

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 $350/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 108 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.

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 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.

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 $2,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    lot#1406 Pearen Lane, Barrie — $699,999 | Battaglia Team