50 Loon Avenue, Barrie

Price: $724,900

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: S13765794

Opportunity knocks in desirable Southeast Barrie! This spacious, all-brick 2-storey home offers plenty of room for the growing family and loads of potential to make it your own. Freshly painted throughout with new carpeting on the stairs and upper level, the home features generous principal rooms, a family room with cozy fireplace, and an oversized primary bedroom complete with ensuite. The basement offers even more possibilities with a great layout, good-sized windows, and a separate entrance-ideal for future additional living space or in-law potential. Outside, you'll find a fully fenced yard and double-car garage. Priced with its updating needs in mind, this home presents an excellent opportunity for buyers looking to add their own style and build value. Bring your vision and transform this spacious home into something truly special!Location is a standout! Conveniently situated close to the GO Train, great schools, shopping, dining, parks, and everyday amenities. With generous living space, a functional layout, and a fantastic Southeast Barrie location, this is an opportunity you won't want to miss!

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active

$724,900 - 50 Loon Avenue, Barrie

Detached for Sale in Barrie

Popular Listing

Neighbourhood: Painswick South

3Beds
3Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
S13765794
Property Type
Detached
Status
active
Days on Site
10
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Barrie
Listing Brokerage
RE/MAX HALLMARK CHAY REALTY
Description

Opportunity knocks in desirable Southeast Barrie! This spacious, all-brick 2-storey home offers plenty of room for the growing family and loads of potential to make it your own. Freshly painted throughout with new carpeting on the stairs and upper level, the home features generous principal rooms, a family room with cozy fireplace, and an oversized primary bedroom complete with ensuite. The basement offers even more possibilities with a great layout, good-sized windows, and a separate entrance-ideal for future additional living space or in-law potential. Outside, you'll find a fully fenced yard and double-car garage. Priced with its updating needs in mind, this home presents an excellent opportunity for buyers looking to add their own style and build value. Bring your vision and transform this spacious home into something truly special!Location is a standout! Conveniently situated close to the GO Train, great schools, shopping, dining, parks, and everyday amenities. With generous living space, a functional layout, and a fantastic Southeast Barrie location, this is an opportunity you won't want to miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,719.11/mo

Includes CMHC insurance ($20,225)

$
$
5%10%50%

5-yr fixed avg.

Principal: $652,410Interest: $443,099
Mortgage Amount$672,635
Total Interest$443,099
Est. Property Tax$513/mo
Total Cost$1,115,734

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: Painswick South

Discover Painswick South

Painswick South 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 South

  • 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 South 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

50 Loon Avenue, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$513
Insurance (est.)-$151
Net Cash Flow+$2,236

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 $362/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.

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 Painswick South

I know Painswick South 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 $3,020 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    50 Loon Avenue, Barrie | $724,900 | Battaglia Team