187 Madelaine Drive, Barrie

Price: $789,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: S13792484

Welcome to this beautifully updated family home in one of Barrie's most desirable neighbourhoods. Thoughtfully renovated and move-in ready, this impressive residence offers spacious, bright, and functional living space designed for today's modern family. The heart of the home is the beautifully refreshed kitchen featuring a stunning waterfall countertop, upgraded sink and faucet, stainless steel appliances, and a spacious breakfast area that flows seamlessly into the family room, making it perfect for both everyday living and entertaining. Recent improvements include new interior and exterior pot lights, modern light fixtures, and all new window coverings installed in 2026, along with a brand-new dishwasher. Additional updates include an owned water heater and owned water softener, both replaced in 2025, and roof shingles replaced in 2024. Rich dark hardwood flooring, spacious principal rooms, and an abundance of natural light further enhance the home's appeal. Step outside to enjoy a private backyard complete with a pergola and interlocking patio, offering the perfect setting for relaxing or entertaining family and friends. Meticulously maintained, exceptionally clean, and pet-free, this home is ideally located close to top-rated schools, parks, walking trails, shopping, restaurants, public transit, and Highway 400. An outstanding opportunity to own a beautifully upgraded, move-in-ready home in a sought-after family-friendly community.

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active

$789,000 - 187 Madelaine Drive, Barrie

Detached for Sale in Barrie

Neighbourhood: Painswick South

4Beds
3Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
S13792484
Property Type
Detached
Status
active
Days on Site
21
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Barrie
Taxes (2026)
$5,797
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

Welcome to this beautifully updated family home in one of Barrie's most desirable neighbourhoods. Thoughtfully renovated and move-in ready, this impressive residence offers spacious, bright, and functional living space designed for today's modern family. The heart of the home is the beautifully refreshed kitchen featuring a stunning waterfall countertop, upgraded sink and faucet, stainless steel appliances, and a spacious breakfast area that flows seamlessly into the family room, making it perfect for both everyday living and entertaining. Recent improvements include new interior and exterior pot lights, modern light fixtures, and all new window coverings installed in 2026, along with a brand-new dishwasher. Additional updates include an owned water heater and owned water softener, both replaced in 2025, and roof shingles replaced in 2024. Rich dark hardwood flooring, spacious principal rooms, and an abundance of natural light further enhance the home's appeal. Step outside to enjoy a private backyard complete with a pergola and interlocking patio, offering the perfect setting for relaxing or entertaining family and friends. Meticulously maintained, exceptionally clean, and pet-free, this home is ideally located close to top-rated schools, parks, walking trails, shopping, restaurants, public transit, and Highway 400. An outstanding opportunity to own a beautifully upgraded, move-in-ready home in a sought-after family-friendly community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,047.98/mo

Includes CMHC insurance ($22,013)

$
$
5%10%50%

5-yr fixed avg.

Principal: $710,100Interest: $482,281
Mortgage Amount$732,113
Total Interest$482,281
Est. Property Tax$559/mo
Total Cost$1,214,394

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: Painswick South

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

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

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.

70
Walk Score
Varies
Price Range

187 Madelaine Drive, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$559
Insurance (est.)-$164
Net Cash Flow+$2,577

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 $395/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 21 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.

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.

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.

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    187 Madelaine Drive, Barrie | $789,000 | Battaglia Team