$615,000 - 16 Drake Drive, Barrie
Townhouse for Sale in Barrie
Neighbourhood: Painswick South
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- MLS Number
- S13710346
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 22
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- PARKER COULTER REALTY BROKERAGE INC.
Welcome To 16 Drake Dr. This stunning 3 Bed - 2 Bath Freehold townhome Is located In the Picturesque Painswick South Community. Just minutes to Downtown Barrie, Barrie's Waterfront-Centennial Beach and parks, and perfect for a young family looking to establish roots in one of Barrie's best neighborhoods. A quick drive to Hwy 400, this Brick townhome features 3 bedrooms and 2bathrooms and a fully finished basement. Natural light pours into the home, creating a warm and spacious atmosphere. Enjoy a fully renovated home complete with Modern Flooring throughout, White Oak Staircases, Pot Lights, Quartz Counters and stainless steel appliances. The large living room, chic finishes, and large windows are sure to impress. Upstairs, you'll find three spacious bedrooms and a 4-piece bathroom, providing plenty of room for the whole family. The primary bedroom includes a large walk in closet, and plenty of natural light. The lower level features a generous recreation space perfect for entertaining, or could easily be converted into a fourth bedroom and in-law suite. The fully fenced private backyard provides plenty of room for the family and pets, with and a storage shed. Enjoy everything South Barrie has to offer - just steps from parks and schools, and only a short drive to grocery stores, the community center, local restaurants, and shopping. Don't miss the opportunity to experience the perfect blend of lifestyle and convenience that this home offers in a prime location! Upgrades include: New Flooring upstairs (2022), Stainless Appliances, Quartz Counters (2019), Furnace (2025), Washer/Dryer, AC, Roof (2019).
Estimate your monthly payments for this property
Estimated Payment
$3,155.27/mo
Includes CMHC insurance ($17,159)
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.
16 Drake Drive, Barrie
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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 $879/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 22 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.
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.
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.