$550,000 - 59 Fairlane Avenue, Barrie
Townhouse for Sale in Barrie
New — Listed 3 days agoNeighbourhood: Painswick South
- MLS Number
- S13695694
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Welcome to 59 Fairlane Avenue, a bright and beautiful FREEHOLD TOWNHOME built in 2022, offering over 1,200 sq. ft of thoughtfully designed living space in South East Barrie with WALKABLE AMENITIES! Step inside to an impressively spacious foyer that offers incredible flexibility where you can create a home office or workout nook. Head upstairs to the bright and inviting main living level, where an abundance of natural light and a functional open-concept layout create an effortless flow between the kitchen, dining and living spaces. Step outside to the oversized terrace - a true extension of your living space with plenty of room for outdoor dining, lounging, BBQing and entertaining family and friends.The upper level features three bright bedrooms, a 3-piece bathroom and the everyday convenience of laundry exactly where you want it - on the bedroom level, with no hauling baskets up and down the stairs! Parking and storage are equally practical, with an attached garage featuring convenient inside entry, plenty of storage space while still allowing room to park, plus an extra-long private driveway accommodating up to three additional vehicles. And then there's the location. The South Barrie GO Station, groceries, dining, schools, trails, parks and library are all within walking distance, while Highway 400, downtown Barrie and the waterfront are just a short drive away. Modern, bright, functional and exceptionally well located - 59 Fairlane Avenue makes everyday living easy. Welcome home!
Estimate your monthly payments for this property
Estimated Payment
$2,821.79/mo
Includes CMHC insurance ($15,345)
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 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
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.
59 Fairlane Avenue, 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 $500/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Barrie's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 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 $2,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.