$699,000 - 46 College Crescent, Barrie
Detached for Sale in Barrie
Popular ListingNeighbourhood: Grove East
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- MLS Number
- S13760078
- Property Type
- Detached
- Status
- active
- Days on Site
- 14
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- RE/MAX HALLMARK PEGGY HILL GROUP REALTY
A BACKSPLIT WITH MULTI-GENERATIONAL POTENTIAL & A PERMIT FOR A PROPOSED DUPLEX CONVERSION! Maybe you need more room for your family. Maybe a house with in-law capability is part of the plan. Maybe the duplex conversion opportunity is what gets your attention. Whatever brings you through the door, this detached backsplit gives you 5 bedrooms, multiple living areas and a floor plan that can work in more than one way. The ground level features a kitchen with ample cabinetry and a tiled backsplash, along with both a family room and separate living room with a fireplace. A bedroom and powder room complete this level, while three more bedrooms and a full bathroom are grouped on the upper level. The finished basement adds a fifth bedroom and another full bathroom, giving extended family, older kids or overnight guests valuable separation. The City of Barrie has issued a building permit for the proposed residential duplex conversion, with approved conversion drawings already in place and a permit that may be transferable to a future owner with City approval, reducing the preliminary work for a buyer looking to advance the property's income potential. An interlock walkway leads to the front door, with an attached single-car garage and space for two more vehicles in the driveway, while the fully fenced backyard adds a deck, lawn, mature landscaping and garden shed. Georgian College and RVH are only minutes away, with quick access to Highway 400, shopping and restaurants.
Estimate your monthly payments for this property
Estimated Payment
$3,586.23/mo
Includes CMHC insurance ($19,502)
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 Grove East
Grove East 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 Grove East
- •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
Grove East 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.
46 College Crescent, Barrie
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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 $466/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.
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 Grove East
I know Grove East 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 $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.