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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® S14033486For SaleDetached

62 Melrose Ave

Codrington, Barrie, Ontario L4M 2A9

Map
1 / 29
62 Melrose Ave, Barrie, photo 1
Asking$521,999
Bedrooms
3
Bathrooms
2
Size
1,100–1,500sq ft
Per sq ft
$402at the range’s middle
Lot
53 x 165 ft
Tax a year
$4,8002025 tax year
Built
51-99
Parking
31 carport
Days on market
Members

The brief

About 62 Melrose Ave

62 Melrose Ave is a 3-bedroom, 2-bathroom detached house in Codrington, Barrie, listed for sale at an asking price of $521,999 (MLS® S14033486).

Located in a quiet, mature and well-established neighbourhood, this detached home presents an excellent opportunity for buyers looking to renovate and add value. Conveniently situated just minutes from Highway 400, Royal Victoria Regional Health Centre, Georgian College, schools, parks, shopping and other everyday amenities, the property offers a desirable location with excellent accessibility.The home features a functional layout with spacious principal rooms and well-sized bedrooms, providing a practical starting point for a complete renovation. A separate entrance offers added flexibility for future use, subject to buyer verification and any required approvals. The generously sized backyard provides good privacy and ample outdoor space for family enjoyment or future landscaping improvements.This property is ideal for contractors, renovators, investors or buyers looking for the opportunity to update a home to their own taste and preferences in an established neighbourhood. Sold in "as is" condition, with no representations or warranties.

Insights

  • Condition Score

    Fair

    Listing notes possible renovation needs

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$382/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 53 detached homes with 3 bedrooms for lease in Barrie right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,800 / 2025
MLS® number
S14033486
Board
TRREB MLS®
Property Type
Detached
Building Age
51-99
Days on market
Size
1100-1500 sqft
Lot Size
53 x 165 ft
Listed on
Parking
1 Carport, 3 Parking
Listing brokerage: MASTER`S TRUST REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
Bungalow
Community
Codrington
Municipality
Barrie

Building

Size
1100-1500 sqft
Building Age
51-99
Construction
Brick Veneer

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 3pc Bsmt
Basement Type
Full
Kitchens
1

Parking

Driveway
Private
Garage Type
Carport
Garage
1
Additional Parking
2
Total Parking
3

Utilities

Water
Municipal
Cooling
None
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
53 ft
Depth
165 ft
Lot Size
53 x 165 ft

Additional

Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
NONE - sold as-is as per Schedule A.

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 62 Melrose Ave, Barrie, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$521,999N/AFor SaleS14033486

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $104,400

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$104,400
Total mortgage amount
$417,599
Total interest payment
$297,001
Total purchase cost
$819,000
Mortgage payment
$2,382/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

33%

Monthly carrying cost

$2,782
−$382per month
  • Rent $2,400
  • Shortfall $382

Rental income opens at $2,400, the median asking rent of 53 comparable homes for lease in Barrie. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$6,915
Total land transfer tax
$6,915
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$2,915
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $521,999
$2,440
Ontario total
$6,915

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
8,745 sq ft812 m²
Street frontage
53 ft16.2 m
Depth
165 ft50.3 m
53 × 165 ftMELROSE AVE

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 5 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 4.8 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 4.8 km4.8 km

Province of Ontario open data

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, PTP Broadband, Rogers, RuralNet, Ultrafast Wireless, Vianet, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Nottawasaga Valley Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Detached homes for sale in Codrington right now

For sale now
22
Median asking price
$702K

Middle half: $550K to $837K

New in 7 days
2

10 in 28 days

Price cuts
36%

8 listings

This home is asking 26% below the median, lower than three quarters of them.

See all homes in Codrington

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Allandale Waterfront GOGO Transit train: Barrie3.4 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Monicas Separate SchoolSimcoe Muskoka CDSBCatholic · grades JK–8250 m59%Grade 6 average
Steele Street Public SchoolSimcoe County DSBPublic · grades JK–8300 m51%Grade 6 average
Codrington Public SchoolSimcoe County DSBPublic · grades JK–8650 m94%Grade 6 average
ÉÉC Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–61.8 km56%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Eastview Secondary SchoolSimcoe County DSBPublic · grades 9–12800 m67%Grade 9 math
Barrie North Collegiate InstituteSimcoe County DSBPublic · grades 9–12 · French Immersion1.6 km48%Grade 9 math
St Joseph's Separate SchoolSimcoe Muskoka CDSBCatholic · grades 9–121.8 km44%Grade 9 math
ÉSC Nouvelle-AllianceConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–123.8 km51%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Codrington are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record