$599,999 - 54 Ferris Lane, Barrie
Detached for Sale in Barrie
44 days on marketNeighbourhood: Cundles East
- MLS Number
- S13549822
- Property Type
- Detached
- Status
- active
- Days on Site
- 44
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- PARKER COULTER REALTY BROKERAGE INC.
Welcome to 54 Ferris Lane. All-brick bungalow situated in one of Barrie's established family-friendly neighbourhoods. Offering 4 bedrooms, 2 bathrooms, a functional layout, and a full basement, this home delivers the perfect blend of comfort, space, and everyday convenience. Step inside to discover a bright and inviting main floor featuring a spacious living room, a separate dining area perfect for family meals and entertaining, and a generously sized eat-in kitchen with ample cabinetry, counter space, and views of the backyard. Three well-appointed bedrooms, including a spacious primary, are complemented by an updated 4-piece bathroom. The lower level expands the living space with a large recreation room, fourth bedroom, convenient 2-piece bathroom, laundry area, walk-in closet, utility room, and abundant storage, providing flexibility for growing families, guests, or a home office. Outside, the fully fenced yard features an above-ground pool, mature trees for added privacy, plenty of green space for children and pets, and a large storage shed for all your outdoor essentials. Ideally located close to schools, parks, shopping, public transit, recreation facilities, Georgian College, Royal Victoria Regional Health Centre, and Highway 400, this home offers exceptional convenience for commuters and families alike. Whether you're a first-time buyer, downsizer, or growing family, 54 Ferris Lane is a fantastic opportunity to own a move-in-ready bungalow in one of Barrie's most convenient locations.
Estimate your monthly payments for this property
Estimated Payment
$3,078.31/mo
Includes CMHC insurance ($16,740)
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 Cundles East
Cundles 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 Cundles 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
Cundles 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.
54 Ferris Lane, 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
Fair Market Value
At $857/sqft, this property is priced in line with current Barrie market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 44 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
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.