$799,000 - 503 Grove Street, Barrie
Detached for Sale in Barrie
Neighbourhood: Grove East
- MLS Number
- S13624948
- Property Type
- Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 7
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- FARIS TEAM REAL ESTATE BROKERAGE
Top 5 Reasons You Will Love This Home: 1) Exceptionally spacious family home offering an impressive seven bedrooms, providing incredible flexibility for large families, multi-generational living, or accommodating guests with ease 2) Expansive main level thoughtfully designed with multiple generous living spaces creating the perfect setting for everyday family life, entertaining, and gathering with loved ones 3) Situated on an almost 50' wide lot, offering a spacious outdoor setting with plenty of room for children to play, gardening, or future landscaping possibilities 4) Separate basement entrance complemented by a second kitchen, presenting outstanding potential for extended family living, an in-law suite, or additional versatility to suit your lifestyle 5) Featuring four full bathrooms thoughtfully distributed throughout the home, providing exceptional comfort and convenience for busy households and overnight guests. 2,378 above grade sq.ft. plus a finished basement.
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
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.
503 Grove Street, 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 $400/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 23 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.
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 7 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 5 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.