$674,000 - 26 Shannon Street, Barrie
Detached for Sale in Barrie
Popular ListingNeighbourhood: Wellington
- MLS Number
- S13492412
- Property Type
- Detached
- Status
- active
- Days on Site
- 11
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Attention investors, first-time buyers, and developers! Welcome to 26 Shannon Street, a recently renovated full-brick detached bungalow offering incredible value in Barrie's desirable east end. Situated on a huge 54 x 165 ft lot, this move-in-ready home delivers space, flexibility, and future potential at an attractive price point.The main level offers a bright and functional layout with comfortable living space and tasteful updates throughout, making it easy to move in and enjoy right away. A separate entrance to the basement provides excellent potential for extended family, in-law capability, or future income possibilities. The oversized lot offers endless outdoor potential, including garden suite potential in the backyard, with mature surroundings and plenty of room to entertain, garden, or expand your lifestyle.A detached 1.5-car garage adds even more value, offering parking, storage, workshop space, or the perfect setup for a workshop, hobby space, or man cave. The property also features parking for up to 5 cars and is located on a not-through street, adding extra privacy and convenience.Located close to schools, Georgian College, RVH Hospital, shopping, parks, public transit, Highway 400, and Barrie's waterfront, this property is perfectly positioned for both homeowners and investors. Whether you are looking for your first home, a turnkey investment, a property with long-term upside, or a development opportunity, 26 Shannon Street is a must-see opportunity in an established Barrie neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$3,457.97/mo
Includes CMHC insurance ($18,805)
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 Wellington
Wellington 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 Wellington
- •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
Wellington 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.
26 Shannon Street, Barrie
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $613/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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Barrie.
About Wellington
I know Wellington 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 $2,808 (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.