21 Magnolia Lane, Barrie

Price: $479,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: S13784700

Welcome to 21 Magnolia Lane-an exceptional opportunity to own a vacant spacious three-bedroom, two-full-bathroom condo townhouse at an attractive price. This home features a bright, functional layout with a generous great room, a large kitchen with quartz countertops, an open breakfast area, modern flooring and upgraded tile finishes. The spacious primary bedroom includes a private ensuite, while two additional well-sized bedrooms provide flexibility for family, guests or a home office. Complete with a private garage, driveway parking and convenient low-maintenance living, this property offers outstanding value for first-time buyers, families and investors alike. Don't miss your chance to secure a great home at a great price!

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$479,000 - 21 Magnolia Lane, Barrie

Condo for Sale in Barrie

Neighbourhood: Innis-Shore

3Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
S13784700
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Barrie
Taxes (2026)
$3,840
Maintenance Fees
$298/mo
Locker
Ensuite+Common
Exposure
East West
Balcony
Open
Listing Brokerage
EXP REALTY
Description

Welcome to 21 Magnolia Lane-an exceptional opportunity to own a vacant spacious three-bedroom, two-full-bathroom condo townhouse at an attractive price. This home features a bright, functional layout with a generous great room, a large kitchen with quartz countertops, an open breakfast area, modern flooring and upgraded tile finishes. The spacious primary bedroom includes a private ensuite, while two additional well-sized bedrooms provide flexibility for family, guests or a home office. Complete with a private garage, driveway parking and convenient low-maintenance living, this property offers outstanding value for first-time buyers, families and investors alike. Don't miss your chance to secure a great home at a great price!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,457.52/mo

Includes CMHC insurance ($13,364)

$
$
5%10%50%

5-yr fixed avg.

Principal: $431,100Interest: $292,791
Mortgage Amount$444,464
Total Interest$292,791
Est. Property Tax$339/mo
Total Cost$737,255

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: Innis-Shore

Discover Innis-Shore

Innis-Shore 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 Innis-Shore

  • •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

Innis-Shore 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

21 Magnolia Lane, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$298
Property Tax (est.)-$339
Insurance (est.)-$100
Net Cash Flow+$2,023

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 $479/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 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $298/month fees should cover building insurance, common elements, and reserve contributions.

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 Innis-Shore

I know Innis-Shore 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.

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.

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    21 Magnolia Lane, Barrie | $479,000 | Battaglia Team