57 Michael Crescent, Barrie

Price: $585,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: S13730374

Freshly upgraded & move-in ready in Barrie's family-friendly East Bayfield community! Bright 3-bed, 2-bath open concept townhome has been freshly painted & features new flooring, beautifully updated bathrooms, and quartz countertops throughout. Finished basement offers valuable extra living space plus tons of storage. Enjoy a great-sized backyard perfect for summer BBQs, entertaining friends or for kids to play & no sidewalks offer parking for up to 3 cars. The location is a huge bonus! Close to East Bayfield Community Centre, Park, SmartCentres Barrie North and Georgian Mall, currently undergoing an exciting redevelopment with Longo's, GYMVMT Fitness & Mark's announced as new additions. Schools include Terry Fox Elementary, Sister Catherine Donnelly Catholic School, Eastview Secondary & St. Joseph's Catholic High School. Commuters will love the quick access to Highway 400 and short drive to Allandale Waterfront GO Station. Updated, spacious, convenient and ready to enjoy!

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$585,000 - 57 Michael Crescent, Barrie

Townhouse for Sale in Barrie

Popular Listing

Neighbourhood: East Bayfield

3Beds
2Baths
1,100 - 1,499Sq Ft
Townhouse

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
S13730374
Property Type
Townhouse
Status
active
Days on Site
8
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Barrie
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Freshly upgraded & move-in ready in Barrie's family-friendly East Bayfield community! Bright 3-bed, 2-bath open concept townhome has been freshly painted & features new flooring, beautifully updated bathrooms, and quartz countertops throughout. Finished basement offers valuable extra living space plus tons of storage. Enjoy a great-sized backyard perfect for summer BBQs, entertaining friends or for kids to play & no sidewalks offer parking for up to 3 cars. The location is a huge bonus! Close to East Bayfield Community Centre, Park, SmartCentres Barrie North and Georgian Mall, currently undergoing an exciting redevelopment with Longo's, GYMVMT Fitness & Mark's announced as new additions. Schools include Terry Fox Elementary, Sister Catherine Donnelly Catholic School, Eastview Secondary & St. Joseph's Catholic High School. Commuters will love the quick access to Highway 400 and short drive to Allandale Waterfront GO Station. Updated, spacious, convenient and ready to enjoy!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,001.35/mo

Includes CMHC insurance ($16,322)

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5-yr fixed avg.

Principal: $526,500Interest: $357,584
Mortgage Amount$542,822
Total Interest$357,584
Est. Property Tax$414/mo
Total Cost$900,406

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: East Bayfield

Discover East Bayfield

East Bayfield 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 East Bayfield

  • 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

East Bayfield 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

57 Michael Crescent, 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)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$414
Insurance (est.)-$122
Net Cash Flow+$2,014

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 $532/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 East Bayfield

I know East Bayfield 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 $2,438 (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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    57 Michael Crescent, Barrie | $585,000 | Battaglia Team