$769,000 - 131 Toronto Street, Barrie
Detached for Sale in Barrie
Popular ListingNeighbourhood: Queen's Park
- MLS Number
- S13482984
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Nestled among some of Barrie's most beautiful century homes, this enchanting 2-storey residence offers the perfect blend of character, charm, and modern updates. Situated on a mature 50 x 131.5 ft lot with a peaceful woodland setting along one side, this exceptional property also features a separate entrance to a fully self-contained lower-level suite, offering excellent income potential. Rental income can help offset your monthly mortgage payments, making this home as practical as it is charming.Inspired by classic English cottage design with an artistic flair, the home features warm, inviting living spaces filled with natural light and timeless appeal. Beautiful original hardwood floors have been professionally refinished, enhancing the home's character and warmth throughout.The second floor offers three comfortable bedrooms and a beautifully appointed 4-piece bathroom, creating the perfect family retreat.Extensively updated over the years, the home features updated windows, roof, furnace, plumbing, and electrical systems, allowing you to enjoy its historic charm with modern peace of mind.The fully self-contained lower-level suite includes a full kitchen, private laundry, and comfortable living space, making it ideal for extended family, guests, or as an excellent mortgage helper.Located in a sought-after family neighbourhood, you'll enjoy a short walk to tennis courts, a children's playground, Barrie's vibrant downtown, waterfront trails, cafés, restaurants, boutiques, and the shores of Kempenfelt Bay.A rare opportunity to own a beautifully updated character home in one of Barrie's most desirable and walkable neighbourhoods, where timeless charm, thoughtful updates, and income potential come together in one exceptional property.
Estimate your monthly payments for this property
Estimated Payment
$3,945.37/mo
Includes CMHC insurance ($21,455)
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 Queen's Park
Queen's Park 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 Queen's Park
- •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
Queen's Park 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 Toronto Street, 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 $699/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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Barrie. Good resale value as demand remains consistent.
About Queen's Park
I know Queen's Park 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 $3,204 (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.