234 Esther Drive, Barrie

Price: $679,900

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: S13459706

This rare ravine 3+1 bedroom home in sought-after Painswick South neighbourhood, presents an amazing opportunity for a family looking for more space and privacy. This house has an asking price lower than many townhomes! It backs onto Lover's Creek Ravine, has a huge deck with private backyard oasis, 4 baths, hardwood floors throughout (no carpet anywhere), and finished basement. This location has it all: Zehr's and brand new mega Metro, parks, walking distance to top-rated schools, and Barrie South GO. Bonus: Finished basement with a large recreation room, bedroom, 3pc bathroom, and tons of storage. The large eat-in kitchen has all brand new appliances, and overlooks the large family room with gas fireplace. The primary suite is spacious with private 4pc ensuite and walk-in closet. The other 2 bedrooms are large and share their own 4pc bathroom. With the finished basement this home boasts over 2,300 square feet. HVAC was fully updated in 2019.

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$679,900 - 234 Esther Drive, Barrie

Detached for Sale in Barrie

Neighbourhood: Painswick South

4Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
S13459706
Property Type
Detached
Status
active
Days on Site
19
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Barrie
Listing Brokerage
AXXESS REAL ESTATE LTD.
Description

This rare ravine 3+1 bedroom home in sought-after Painswick South neighbourhood, presents an amazing opportunity for a family looking for more space and privacy. This house has an asking price lower than many townhomes! It backs onto Lover's Creek Ravine, has a huge deck with private backyard oasis, 4 baths, hardwood floors throughout (no carpet anywhere), and finished basement. This location has it all: Zehr's and brand new mega Metro, parks, walking distance to top-rated schools, and Barrie South GO. Bonus: Finished basement with a large recreation room, bedroom, 3pc bathroom, and tons of storage. The large eat-in kitchen has all brand new appliances, and overlooks the large family room with gas fireplace. The primary suite is spacious with private 4pc ensuite and walk-in closet. The other 2 bedrooms are large and share their own 4pc bathroom. With the finished basement this home boasts over 2,300 square feet. HVAC was fully updated in 2019.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,488.24/mo

Includes CMHC insurance ($18,969)

$
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5%10%50%

5-yr fixed avg.

Principal: $611,910Interest: $415,593
Mortgage Amount$630,879
Total Interest$415,593
Est. Property Tax$482/mo
Total Cost$1,046,472

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

234 Esther Drive, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$482
Insurance (est.)-$142
Net Cash Flow+$2,576

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 $453/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 19 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 4 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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    234 Esther Drive, Barrie | $679,900 | Battaglia Team