42 Engel Crescent, Barrie

Price: $619,888

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: S13816974

Beautiful Raised Bungalow with Income Potential! Welcome to this charming 3-bedroom raised bungalow, ideally situated on a quiet crescent just minutes from commuter routes and all amenities. Perfect for first-time buyers, growing families, or investors. The walk-in basement makes it an excellent candidate for a duplex conversion. The open-concept main floor features a spacious living-and-dining room combo, a bright eat-in kitchen, and a walkout to a huge deck and fenced backyard. The newly renovated main-floor washroom and kitchen, plus a downstairs washroom, add convenience and flexibility for a potential second unit. The partially finished basement boasts a large rec room offering excellent income potential. Additional updates include a roof (2025), a new furnace (2020), and new appliances (2026). With parking for 3 in the driveway plus 1 in the garage, this home is move-in ready and shows A+! One of the sellers is a registrant.

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active
New Listing
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$619,888 - 42 Engel Crescent, Barrie

Detached for Sale in Barrie

New — Listed 2 days ago

Neighbourhood: Letitia Heights

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
S13816974
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Barrie
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Beautiful Raised Bungalow with Income Potential! Welcome to this charming 3-bedroom raised bungalow, ideally situated on a quiet crescent just minutes from commuter routes and all amenities. Perfect for first-time buyers, growing families, or investors. The walk-in basement makes it an excellent candidate for a duplex conversion. The open-concept main floor features a spacious living-and-dining room combo, a bright eat-in kitchen, and a walkout to a huge deck and fenced backyard. The newly renovated main-floor washroom and kitchen, plus a downstairs washroom, add convenience and flexibility for a potential second unit. The partially finished basement boasts a large rec room offering excellent income potential. Additional updates include a roof (2025), a new furnace (2020), and new appliances (2026). With parking for 3 in the driveway plus 1 in the garage, this home is move-in ready and shows A+! One of the sellers is a registrant.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,180.35/mo

Includes CMHC insurance ($17,295)

$
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5%10%50%

5-yr fixed avg.

Principal: $557,899Interest: $378,910
Mortgage Amount$575,194
Total Interest$378,910
Est. Property Tax$439/mo
Total Cost$954,104

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: Letitia Heights

Discover Letitia Heights

Letitia Heights 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 Letitia Heights

  • 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

Letitia Heights 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

42 Engel Crescent, 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)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$439
Insurance (est.)-$129
Net Cash Flow+$2,632

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 $564/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Barrie's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

About Letitia Heights

I know Letitia Heights 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 $2,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    42 Engel Crescent, Barrie | $619,888 | Battaglia Team