$574,900 - 101 Fairlane Avenue, Barrie
New Construction for Sale in Barrie
Neighbourhood: Painswick South
- MLS Number
- S13461736
- Property Type
- New Construction
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- KELLER WILLIAMS EXPERIENCE REALTY
Welcome to this beautifully appointed freehold townhome in Barrie's highly desirable South End, offering over 1,000 sq. ft. of stylish and functional living space. Why settle for condo living and monthly maintenance fees when you can own this modern 3-bedroom freehold home built in 2022? Designed with both comfort and convenience in mind, this bright 3-storey townhome features parking for up to four vehicles, including an attached garage with inside entry. The main level offers a welcoming foyer and a convenient laundry area, while the second floor showcases a sun-filled open-concept living and dining space perfect for everyday living and entertaining. Enjoy pot lights throughout, a modern feature wall, and access to both a spacious front terrace and a charming Juliet balcony, creating the perfect blend of indoor and outdoor living. The separate dining area or breakfast nook provides the ideal setting for family meals and cozy evenings at home. The contemporary kitchen is sure to impress with granite countertops, stainless steel appliances, a tile backsplash, modern cabinetry, and a large island. Upstairs, you'll find three good sized bedrooms, including a spacious primary retreat with a double-door closet, along with a 4-piece bathroom. Ideally located just minutes from the Barrie South GO Station, Highway 400, schools, parks, trails, shopping, restaurants, and everyday amenities, this move-in-ready home offers the perfect opportunity for first-time buyers, young families, and commuters seeking low-maintenance living without compromise.
Estimate your monthly payments for this property
Estimated Payment
$2,949.53/mo
Includes CMHC insurance ($16,040)
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 Painswick South
Painswick South 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 Painswick South
- •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
Painswick South 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.
101 Fairlane Avenue, 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
Fair Market Value
At $821/sqft, this property is priced in line with current Barrie market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 15 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
About Painswick South
I know Painswick South well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $2,395 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.