Meet 78 Wallace. This two-story, all-brick home has been lovingly cared for by its original owners and now it's ready for its next chapter. Uniquely backing onto Emma King Elementary School, it's a rare find for young families: kids can walk to school and even come home for lunch.Inside, you'll find three bedrooms upstairs plus a fourth in the finished basement, which also features a three-piece bathroom. The kitchen and upstairs bathroom have both been beautifully updated. The main floor living room centres around a cozy gas fireplace, with a separate dining room, a small workspace and a convenient two-piece powder room, rounding out the layout.Outside, a massive driveway offers parking for four cars, plus a new garage door and new front door for extra peace of mind. The backyard is private and features a massive shed with gazebo - ideal for storage or a summer hangout.Conveniently located in Northwest Barrie, you're just minutes from Barrie's Golden Mile and all its shopping and amenities. Whether you're buying your first home or looking to downsize without compromise, 78 Wallace checks every box.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $564 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 78 Wallace Dr
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Finished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
78 Wallace Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S14031572$619,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 78 Wallace Dr Compares to the Barrie Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,045
/mo
based on the purchase price of $619,900
$123,980 cash
$495,920 financed
$417,695 total interest
Principal54%$495,920
Interest46%$417,695
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Barrie
Other 2–3 bed homes for sale in Barrie around $620K.
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings1,088Homes for sale here right now.
Median vs prior 90 days−3.0%Compared with Apr 17 – Jul 16, 2026: prices down.
Based on 754 sales from Jul 16 – Oct 14, 2026 (537 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
78 Wallace Dr is listed at $619,900 (MLS® S14031572). Summitly updates the price as soon as the MLS® record changes.
Is $619,900 a good price for 78 Wallace Dr?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Barrie. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 78 Wallace Dr changed?
No — 78 Wallace Dr is still listed at its original asking price of $619,900.
How many bedrooms and bathrooms does 78 Wallace Dr have?
78 Wallace Dr has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Barrie.
Is 78 Wallace Dr close to transit?
The nearest rapid-transit station is Allandale Waterfront GO Station (Barrie GO), about 4.4 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 78 Wallace Dr?
About $3,045 a month — principal and interest on $619,900 with 20% down ($123,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Are there open houses at 78 Wallace Dr?
Yes — Saturday, October 17, 1:00 PM – 3:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 78 Wallace Dr compare with other homes in Barrie?
Its asking price of $619,900 is about 3% below the median sold price in Barrie over the last 90 days, $640,000, across 754 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 78 Wallace Dr been sold before?
Summitly has no earlier MLS® sale or lease of 78 Wallace Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 78 Wallace Dr?
78 Wallace Dr is in Barrie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 78 Wallace Dr been on the market?
1 day — 78 Wallace Dr was listed on October 13, 2026.
What is the price per square foot of 78 Wallace Dr?
About $413 to $564 per square foot: the asking price of $619,900 over the 1,100–1,500 sq ft the listing gives as its size range.
