126 Steel Street, Barrie

Price: $615,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: S14108488

SIDESPLIT IN BARRIE'S ESTABLISHED EAST END WITH A GENEROUS 59 X 120 FT LOT, COZY WOOD-BURNING FIREPLACE & FINISHED BASEMENT WITH WET BAR! Barrie's East End has a character that newer neighbourhoods can't quite recreate, with tree-lined streets, generous properties and the beautiful shoreline of Kempenfelt Bay just minutes away. At 126 Steel Street, the backyard makes its own case for staying home, with a large multi-level deck overlooking a generous lawn, colourful gardens and mature trees, along with an interlock patio below. The traditional interior begins with a living room where a wall of windows overlooks the front yard and a wood-burning fireplace makes snowy evenings feel like a good reason to stay home. Hardwood floors continue into the separate dining room, where sliding doors open to the deck and backyard views become part of every meal. The adjoining kitchen offers an abundance of white cabinetry and generous counter space for meal preparation. Upstairs, three bedrooms with hardwood floors share a 4-piece bathroom. A few steps down, the family room offers a quieter corner for television, reading or simply putting your feet up, with a 2-piece bathroom, inside entry from the attached garage and a separate exterior entrance nearby. The basement recreation room brings a different energy, with a wet bar ready for Saturday night card games or watching the big game with friends. Johnson's Beach, schools, Georgian College, RVH and Highway 400 are all just minutes away. The finishes leave room for your own ideas, while the neighbourhood, mature property and outdoor living spaces are already there to enjoy.

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active
New Listing

$615,000 - 126 Steel Street, Barrie

Detached for Sale in Barrie

New — Listed today

Neighbourhood: Grove East

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
S14108488
Property Type
Detached
Status
active
Days on Site
0
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Barrie
Taxes (2026)
$5,048
Listing Brokerage
RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Description

SIDESPLIT IN BARRIE'S ESTABLISHED EAST END WITH A GENEROUS 59 X 120 FT LOT, COZY WOOD-BURNING FIREPLACE & FINISHED BASEMENT WITH WET BAR! Barrie's East End has a character that newer neighbourhoods can't quite recreate, with tree-lined streets, generous properties and the beautiful shoreline of Kempenfelt Bay just minutes away. At 126 Steel Street, the backyard makes its own case for staying home, with a large multi-level deck overlooking a generous lawn, colourful gardens and mature trees, along with an interlock patio below. The traditional interior begins with a living room where a wall of windows overlooks the front yard and a wood-burning fireplace makes snowy evenings feel like a good reason to stay home. Hardwood floors continue into the separate dining room, where sliding doors open to the deck and backyard views become part of every meal. The adjoining kitchen offers an abundance of white cabinetry and generous counter space for meal preparation. Upstairs, three bedrooms with hardwood floors share a 4-piece bathroom. A few steps down, the family room offers a quieter corner for television, reading or simply putting your feet up, with a 2-piece bathroom, inside entry from the attached garage and a separate exterior entrance nearby. The basement recreation room brings a different energy, with a wet bar ready for Saturday night card games or watching the big game with friends. Johnson's Beach, schools, Georgian College, RVH and Highway 400 are all just minutes away. The finishes leave room for your own ideas, while the neighbourhood, mature property and outdoor living spaces are already there to enjoy.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,155.27/mo

Includes CMHC insurance ($17,159)

$
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5%10%50%

5-yr fixed avg.

Principal: $553,500Interest: $375,922
Mortgage Amount$570,659
Total Interest$375,922
Est. Property Tax$436/mo
Total Cost$946,581

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: Grove East

Discover Grove East

Grove East 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 Grove East

  • •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

Grove East 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

126 Steel Street, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$436
Insurance (est.)-$128
Net Cash Flow+$2,236

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 $559/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Barrie's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 Grove East

I know Grove East 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 $2,563 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    126 Steel Street, Barrie | $615,000 | Battaglia Team