55 Chalmers Drive, Barrie, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Painswick South. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,999 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 39.37 x 109.35 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Charming bungalow in the desirable South End of Barrie! This beautifully maintained 3+1 bedroom, 2.5 bath home showcases true pride of ownership throughout. Tastefully decorated, the home features a bright eat-in kitchen with a walkout to a brand-new deck (2024) and a fully fenced backyard-perfect for relaxing or entertaining. Recent upgrades include a new garage door (spring 2022), a newer front window and front door (winter 2022), a renovated bathroom (winter 2024), and a newer A/C (2023), offering peace of mind for years to come. The fully finished basement provides exceptional versatility with a second full kitchen, spacious living room, large fourth bedroom, full bathroom, and ample storage-ideal for extended family, an in-law suite for income potential, or additional living space. Conveniently located close to schools, shopping, and with easy highway access for commuters, this inviting bungalow is a wonderful place to call home. Shows 10+
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Pricing & Value Insights
Data-driven valuation for 55 Chalmers Drive, Barrie, ON L4N 8A6
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About Purchasing a Home in Barrie, ON
For a property listed at $699,999 in Barrie, the legal minimum down payment is $45,000 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 $10,475 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 $10,475.
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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.