$429,000

For sale

202 Ferndale Drive North, Barrie (Edgehill Drive) - Single Family for Sale

202 Ferndale Drive North, Barrie (Edgehill Drive), Ontario, L4N9W1

2 beds1 bath4 parking350 ft²92 × 88 ft (8,096 sq ft) lot sizeListed 9 days ago

Overview

This 2-bedroom, 1-bathroom home in Barrie is for sale offering roughly 350 sq ft of space. Listed at $429,000, it is attractively priced about 38% below the $689,900 median asking price in Barrie. It has been on the market 9 days, fresher than the Barrie average of 47 days.

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Description

Great Opportunity for First-Time Buyers & Investors! Ideally located near Highway 400 in a high-traffic, high-visibility location, this 2-bedroom, 1-bathroom home is an excellent opportunity for first-time buyers looking to break into the market or investors looking to add to their real estate portfolio. Featuring laminate flooring & fresh paint throughout, gas fireplace new exterior doors and new windows installed October 2026; this property is move-in ready! Plenty of paved parking adds to the convenience. Investors will appreciate the potential for a turnkey rental, with the added possibility of future redevelopment, subject to zoning requirements and applicable approvals. Move in, rent out, or plan for the future - the possibilities are yours! (id:66096)

Property Details

MLS®: S14117232
Property Type: Single Family
Zoning: R2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 350 ft²
Lot Size: 92 × 88 ft (8,096 sq ft)
Frontage: 92 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Natural gas, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership

Rooms

Main level

Living room: 3.6 x 4.2 meters
Kitchen: 3.34 x 4.16 meters
Bedroom: 2.82 x 2.8 meters
Bedroom 2: 2.54 x 2.82 meters
Laundry room: 1.73 x 2.1 meters
Bathroom: 0.1 x 0.1 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Water Heater
Flooring: Laminate
Foundation: Unknown
Exterior: Aluminum siding
Lot Features: Level lot, Carpet Free

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Barrie (Edgehill Drive) listings, avg age

47d

Price / ft²

$1,227

List price

$429K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Barrie (Edgehill Drive) has been listed for 9 days, which is 38 days fresher than the city average of 47. Act while there is still low competition.

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Listed by COLDWELL BANKER THE REAL ESTATE CENTRE · Stephanie Miller

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4N)

This home lists at $429,000, about 4.4× the local median household income of $97,000.

Carrying it typically needs a household income of about $83,799 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $97,000
Population: 100,835
Median age: 39.6
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L4N)

$429,000· $1,227/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,450

Min 5%50%

Mortgage payment$2,260/mo

↳ CMHC premium ($16,302 capitalized)

Property tax (est.)$245/mo

Total monthly$2,504

Cash Needed to Close

Down payment (5%)$21,450

Land transfer tax$5,055

Est. closing costs$3,787

Total cash needed$30,292

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