63 Ferris Lane Unit B12, Barrie

Price: $499,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: S13507284

Opportunity Knocks! Stunning 3-Bedroom, 1.5 Bathroom End-Unit Townhome with Walkout Basement. Don't miss this exceptional opportunity to own a bright and spacious 3-bedroom end-unit townhome backing onto a beautiful open green field with no rear neighbours! Nestled in a quiet, family-friendly community, this well-maintained home features a marble bathroom on the second floor, smooth ceilings throughout the main level, fresh paint, elegant LED lighting, and a gorgeous chandelier that enhances the home's modern appeal.The functional open-concept layout offers a spacious living area, a separate dining room, and a well-appointed kitchen-perfect for both everyday living and entertaining. The walkout basement leads to a fully fenced backyard, providing added privacy and a great space for relaxing or hosting family and friends with BBQ.Conveniently located close to schools, parks, shopping, transit, and all essential amenities, this home combines comfort, style, and an unbeatable location.

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active
New Listing
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$499,000 - 63 Ferris Lane Unit B12, Barrie

Condo for Sale in Barrie

New — Listed 7 days ago

Neighbourhood: Bayfield

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
S13507284
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Barrie
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
RIGHT AT HOME REALTY
Description

Opportunity Knocks! Stunning 3-Bedroom, 1.5 Bathroom End-Unit Townhome with Walkout Basement. Don't miss this exceptional opportunity to own a bright and spacious 3-bedroom end-unit townhome backing onto a beautiful open green field with no rear neighbours! Nestled in a quiet, family-friendly community, this well-maintained home features a marble bathroom on the second floor, smooth ceilings throughout the main level, fresh paint, elegant LED lighting, and a gorgeous chandelier that enhances the home's modern appeal.The functional open-concept layout offers a spacious living area, a separate dining room, and a well-appointed kitchen-perfect for both everyday living and entertaining. The walkout basement leads to a fully fenced backyard, providing added privacy and a great space for relaxing or hosting family and friends with BBQ.Conveniently located close to schools, parks, shopping, transit, and all essential amenities, this home combines comfort, style, and an unbeatable location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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: Bayfield

Discover Bayfield

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 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

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

63 Ferris Lane Unit B12, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,653

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 $499/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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 Bayfield

I know 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.

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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    63 Ferris Lane Unit B12, Barrie | $499,000 | Battaglia Team