54 Wallace Drive, Barrie, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Northwest. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $629,900 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 26.05 x 116.55 ft lot
- Features a finished 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: Auto Garage Door Remote, Sump Pump, Water Softener
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this bright and stylish all brick home on a family friendly street in Northwest Barrie. With 3 spacious bedrooms, 2 1/2 baths, a large finished rec. room and an amazing main floor laundry/mud room, this is the perfect home to raise your young family in. A very private fully fenced yard with shed and recently resurfaced deck and second stone patio area give the kids, pets and adults plenty of space to enjoy the seasons. The pie shape of this premium lot gives you much more room and privacy than you expect. Walk to a highly rated elementary school in just minutes. Greenspace and trails nearby also make a quick trip into nature a breeze. This home has been decorated in soft, neutral colours, with stylish lighting and bathroom upgrades, as well as recent basement renovations. Brand new flooring and trim on the second level (Spring 2026) add an additional desirable feature to this home. Details such as door and kitchen hardware updates, newer appliances, large newer shed (all within the last 5 years), and timeless slate and bamboo flooring on the main level make this property truly turn-key. The convenience of this location can't be beat, with all of your necessities and ameneties close by while offering you the comfort of a great neighbourhood perfectly distanced from the hustle and bustle. A location you are surely going to love! Make this your first home or your forever home today! Note: the firepit in pictures is also a great location for a pool in the summer months! Realtor's see Realtor remarks.
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Pricing & Value Insights
Data-driven valuation for 54 Wallace Drive, Barrie, ON L4N 7E1
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About Purchasing a Home in Barrie, ON
For a property listed at $629,900 in Barrie, the legal minimum down payment is $37,990 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 $9,073 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 $9,073.
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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.