$520,000 - 59 Fairlane Avenue, Barrie
Townhouse for Sale in Barrie
Neighbourhood: Painswick South
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- MLS Number
- S13724120
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 25
- 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 inviting 3-bedroom home in the heart of South East Barrie, offering a functional layout designed for comfortable everyday living. Filled with natural light throughout, this home feels warm, open and welcoming from the moment you step inside. The main living space offers an effortless flow between the kitchen, dining and living areas, creating the perfect setting for both quiet nights at home and entertaining family and friends. Step outside to the impressive oversized terrace - an extension of your living space with plenty of room for outdoor dining, lounging, BBQing and summer gatherings. Upstairs,you'll find three bright bedrooms, a 3-piece bathroom and the everyday convenience of laundry located on the bedroom level - no carrying baskets up and down the stairs! Parking is easy with a private driveway and attached garage featuring convenient inside entry. The garage also offers plenty of additional storage space while still allowing room to park your vehicle - apractical bonus for busy households. The location ties it all together. Situated in a growing, family-friendly South Barrie community, you're within walking distance of the South Barrie GO Station, schools, parks, trails, shopping, restaurants, groceries and the library, making commuting and everyday errands incredibly convenient. Highway 400, downtown Barrie and the waterfront are also just a short drive away. Bright, functional and exceptionally well located, 59 Fairlane Avenue offers the space and convenience to make everyday living easy. Welcome home!
Estimate your monthly payments for this property
Estimated Payment
$2,667.87/mo
Includes CMHC insurance ($14,508)
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 $473/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 25 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.
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 $2,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.