$1,125,000 - 68 Royal Oak Drive, Barrie
Detached for Sale in Barrie
Popular ListingNeighbourhood: South Shore
- MLS Number
- S13492660
- Property Type
- Detached
- Status
- active
- Days on Site
- 11
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Barrie
- Lot Size
- 1 sqft
- Listing Brokerage
- KELLER WILLIAMS EXPERIENCE REALTY
A truly remarkable property in one of the area's most unique waterfront-adjacent settings. Originally severed from the neighbouring marina, this property was home to the area's only residence when first built in 1974 and now offers endless possibilities for redevelopment, expansion, or creating a custom dream home. Surrounded by nature, the property boasts over 400 feet of ravine frontage alongside the marina, while the rear of the lot overlooks Lovers Creek and a lush, environmentally protected landscape. Enjoy incredible privacy with stunning natural views, abundant wildlife, soaring birds of prey, and visiting cranes throughout the summer. The expansive lot provides ample space for virtually any outdoor amenity imaginable, including extensive gardens, a swimming pool, ponds, or even a private tennis or pickleball court. From a future second-storey design, rooftop patio, or elevated viewing area, you'll enjoy panoramic forest views stretching beyond the treetops. Adding to its appeal is a grandfathered oversized detached garage and an existing residence that presents a significant development advantage. Whether you choose to renovate, build on the existing foundation, or construct a new custom home, the presence of the current dwelling may help reduce development costs and provide the opportunity for conventional mortgage financing. Additional features include a double-lined well approved by the municipality, currently not in use, offering potential access to a valuable secondary water source for irrigation, pools, or water features. The sandy hillside setting provides excellent natural drainage, and the property has never experienced water in the basement. Mature landscaping further enhances the beauty and character of this remarkable parcel. Located just steps from a waterfront park, this is a special property where location, privacy, and future value come together to create an exceptional investment opportunity.
Estimate your monthly payments for this property
Estimated Payment
$4,976.25/mo
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 South Shore
South Shore 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 South Shore
- •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
South Shore 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.
68 Royal Oak Drive, Barrie
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Rental income estimator & ROI calculator
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 $1023/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.
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.
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 South Shore
I know South Shore 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 $4,688 (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.