38 River Ridge Road, Barrie, ON

$817,750
MLS#:S9013394
5 beds
3 baths
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bayshore. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $817,750 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms
  • Premium 51.28 x 116.47 ft lot size
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Top 5 Reasons You Will Love This Home: 1) A much-loved family home for over 30-years and only the second time to hit the market since it was built, hosting five bedroom, 2-storey solid brick home situated in the tranquil Kingswood area of Barrie 2) Boasting generously sized bedrooms, including a primary bedroom with a sitting area and a 4-piece ensuite, along with convenient inside entry from the garage through the main level laundry room 3) Finished basement showcasing a well-sized recreation room, an additional bedroom or versatile space, a bar area, and a storage room 4) Landscaped and fully fenced exterior complemented by a stamped concrete driveway and walkway, a newer roof (2022), a front porch, and a large wood deck in the backyard 5) Well-maintained home providing an excellent opportunity for someone to put their own mark on the property while being settled within a lovely neighbourhood, perfect for families with parks and top-rated schools a short distance away. 3,077 fin.sq.ft. Age 34. Visit our website for more detailed information.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 21, 2024
Sold price information is available to members only
Listed Date7/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Full
Lot Size51.28 × 116.47 Feet
CountySimcoe
Annual Tax$5,819
Legal DescriptionPCL 243-1 SEC 51M406; LT 243 PL 51M406; S/T RIGHT LT174491 ; S/T LT158110 BARRIE

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Wooded/Treed

Interior Features

None

Security Features

Community Features

Location

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38 River Ridge Road, Barrie, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 38 River Ridge Road, Barrie, ON L4N 7G2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Barrie.

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Interest Rate5.25%
Down Payment$56,775 (6.9%)
* Minimum Canadian down payment required for this price is $56,775.
Amortization Period25 Years
Estimated Monthly Payment$4,535Based on a loan of $760,975 over 25 years.
Purchase Price$817,750
Loan Amount$760,975
Provincial Land Transfer Tax:$12,830
Total Estimated Closing Taxes:$12,830

About Purchasing a Home in Barrie, ON

For a property listed at $817,750 in Barrie, the legal minimum down payment is $56,775 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,830 for this transaction. As this listing is in Barrie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,830.

Nearby Listings

Distance:

No current listings found in Barrie.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bayshore, Barrie.

Verified Local Data
City Population212,856
City Median Age40 Yrs
City Ownership73% Owners
Avg Area List Price$1,040,700

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
28%
Other households
1%

Top Ethnic Origins

English26%
Scottish21%
Irish21%
Canadian17%

Local Schools Guide

Elementary Schools

Algonquin Ridge
Public191 Golden Meadow Road, Barrie, Ontario, L4N 9R6
6.8
La Source
Public70 Madelaine Drive, Barrie, Ontario, L4N 9T2
6.0
Hewitt's Creek
PublicBarrie, Ontario, L4N 0J9
8.7
Mapleview Heights
Public180 Esther Drive, Barrie, Ontario, L4N 9S9
5.3
St Michael the Archangel
Public349 Big Bay Point Road, Barrie, Ontario, L4N 8A2
6.2

Secondary Schools

St. Peter’s
Catholic201 Ashford Drive, Barrie, Ontario, L4N 6A3
4.6
Maple Ridge
PublicWheatfield Road, Barrie, Ontario, L9J 0G7
6.6
Innisdale
Public87 Little Avenue, Barrie, Ontario, L4N 4K8
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied73%
Rented27%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.