488 Yonge Street Unit 9, Barrie

Price: $562,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: S13483018

Welcome to this beautifully maintained executive townhouse nestled within an exclusive private enclave of just 19 homes. Offering an inviting open-concept layout, this home features impressive 9-foot California knockdown ceilings, elegant rounded corners, and a grand entryway that creates a warm first impression. The spacious design includes three generously sized bedrooms, each complete with its own large walk-in closet, along with 1.5 bathrooms. Enjoy outdoor living in the fully fenced backyard featuring a private deck, perfect for relaxing or entertaining. The landscaped front yard adds to the home's exceptional curb appeal, while the quiet, private community setting provides a rare combination of comfort, privacy, and convenience.

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$562,000 - 488 Yonge Street Unit 9, Barrie

Townhouse for Sale in Barrie

Popular Listing

Neighbourhood: Painswick North

3Beds
2Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
S13483018
Property Type
Townhouse
Status
active
Days on Site
13
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Barrie
Listing Brokerage
RE/MAX HALLMARK CHAY REALTY
Description

Welcome to this beautifully maintained executive townhouse nestled within an exclusive private enclave of just 19 homes. Offering an inviting open-concept layout, this home features impressive 9-foot California knockdown ceilings, elegant rounded corners, and a grand entryway that creates a warm first impression. The spacious design includes three generously sized bedrooms, each complete with its own large walk-in closet, along with 1.5 bathrooms. Enjoy outdoor living in the fully fenced backyard featuring a private deck, perfect for relaxing or entertaining. The landscaped front yard adds to the home's exceptional curb appeal, while the quiet, private community setting provides a rare combination of comfort, privacy, and convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,883.35/mo

Includes CMHC insurance ($15,680)

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5%10%50%

5-yr fixed avg.

Principal: $505,800Interest: $343,526
Mortgage Amount$521,480
Total Interest$343,526
Est. Property Tax$398/mo
Total Cost$865,005

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.

Ready to get pre-approved?

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Neighbourhood Guide: Painswick North

Discover Painswick North

Painswick North 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 North

  • 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 North 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

488 Yonge Street Unit 9, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$398
Insurance (est.)-$117
Net Cash Flow+$2,035

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 $511/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.

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.

About Painswick North

I know Painswick North 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 $2,342 (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.

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    488 Yonge Street Unit 9, Barrie | $562,000 | Battaglia Team