31 Rainwater Lane, Barrie

Price: $629,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: S13457042

Welcome to this stunning modern farmhouse style townhome in one of Barrie's desirable communities. Offering 3 spacious bedrooms and 3 bathrooms, this beautifully designed home combines contemporary finishes with functional living spaces. Enjoy an abundance of natural light throughout thanks to the home's large windows and open concept layout. The spacious primary bedroom retreat features a private ensuite bathroom and ample closet space, providing both comfort and convenience. The main living area offers a bright and inviting family room with a walkout to a private terrace - perfect for relaxing, entertaining, or enjoying your morning coffee. The updated kitchen is thoughtfully designed with stainless steel appliances, plenty of storage, and space for a center island, making it ideal for both everyday living and hosting guests. The versatile ground-floor space can easily serve as a home office, den, guest suite, or flex room to suit your lifestyle needs. Additional highlights include a double car garage, a two car driveway, and modern finishes throughout. This move-in-ready home offers the perfect blend of style, space, and functionality in a fantastic Barrie location.

31 Rainwater Lane - Townhouse photo 1 of 17 in Barrie, Ontario
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$629,000 - 31 Rainwater Lane, Barrie

Townhouse for Sale in Barrie

Neighbourhood: Holly

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
S13457042
Property Type
Townhouse
Status
active
Days on Site
18
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Barrie
Listing Brokerage
ROYAL LEPAGE RCR REALTY
Description

Welcome to this stunning modern farmhouse style townhome in one of Barrie's desirable communities. Offering 3 spacious bedrooms and 3 bathrooms, this beautifully designed home combines contemporary finishes with functional living spaces. Enjoy an abundance of natural light throughout thanks to the home's large windows and open concept layout. The spacious primary bedroom retreat features a private ensuite bathroom and ample closet space, providing both comfort and convenience. The main living area offers a bright and inviting family room with a walkout to a private terrace - perfect for relaxing, entertaining, or enjoying your morning coffee. The updated kitchen is thoughtfully designed with stainless steel appliances, plenty of storage, and space for a center island, making it ideal for both everyday living and hosting guests. The versatile ground-floor space can easily serve as a home office, den, guest suite, or flex room to suit your lifestyle needs. Additional highlights include a double car garage, a two car driveway, and modern finishes throughout. This move-in-ready home offers the perfect blend of style, space, and functionality in a fantastic Barrie location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,227.10/mo

Includes CMHC insurance ($17,549)

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5-yr fixed avg.

Principal: $566,100Interest: $384,480
Mortgage Amount$583,649
Total Interest$384,480
Est. Property Tax$446/mo
Total Cost$968,129

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: Holly

Discover Holly

Holly 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 Holly

  • 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

Holly 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

31 Rainwater Lane, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$2,153

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 $419/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 18 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.

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.

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 Holly

I know Holly 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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    31 Rainwater Lane, Barrie | $629,000 | Battaglia Team