$649,000 - 131 Gateland Drive, Barrie
New Construction for Sale in Barrie
Neighbourhood: Painswick South
- MLS Number
- S13441418
- Property Type
- New Construction
- Status
- active
- Days on Site
- 24
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- THE CANADIAN HOME REALTY INC.
Welcome to 131 Gateland Drive, a beautifully maintained freehold townhouse located in the highly sought-after Yonge & GO neighbourhood. This move-in-ready home offers 3 spacious bedrooms, 3 bathrooms, and a bright open-concept main floor featuring elegant tile finishes, upgraded countertops, stainless steel appliances, a centre island, and freshly painted interiors throughout. The home showcases numerous upgrades, including fully upgraded hardwood stairs with iron pickets, brand-new custom blinds imported from Europe, a recently installed air conditioning unit, almost-new washer and dryer, and a garage door opener. The spacious primary bedroom features a sitting area and a private ensuite, while the convenient second-floor laundry and two full bathrooms provide added functionality for family living. The unfinished basement offers endless possibilities to customize the space to suit your needs. Enjoy exceptional outdoor amenities with a community park directly across the street and Painswick Park just a short walk away, offering tennis courts, soccer fields, and green space. Families will appreciate the proximity to highly rated schools, with school bus pickup available right at the front door. Conveniently located within walking distance to shopping, restaurants, schools, the GO Station, and the brand-new Gateland Park, this well-maintained home offers comfort, convenience, and outstanding value in a family-friendly community. Some pictures are enhanced using Ai.
Estimate your monthly payments for this property
Estimated Payment
$3,329.71/mo
Includes CMHC insurance ($18,107)
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.
131 Gateland Drive, 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
Competitive Pricing
At $590/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.
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.
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.
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 $2,704 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.