338 Little Avenue, Barrie

Price: $838,338

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: S12725424

Turn-Key Custom Bungalow on an Exceptional 75' x 200' Lot - Rebuilt from the Studs Up. This beautifully updated bungalow features a new front addition and a fully gutted, professionally rebuilt original home (2014), offering approx. 1,400 sq ft of thoughtfully designed living space. Extensive upgrades include new electrical, furnace, central air, windows, insulation, flooring, and more. The vaulted-ceiling great room impresses with hardwood floors and pot lights, flowing seamlessly into an open-concept breakfast area and custom kitchen with abundant cabinetry and pantry space. The functional layout includes a rear mudroom with walk-out to patio, cold room/food storage, main-floor laundry, and three well-sized bedrooms. The spacious primary retreat boasts his-and-her closets and a 4-piece ensuite. Outside, enjoy a stunning fully fenced yard with extensive interlock stonework, underground irrigation, and endless space for gardeners or entertaining. Ideal property for an AIRBNB business. A standout feature is the 14'10" x 42'2" heated workshop/garage with its own furnace, central air, Nest dual-zone thermostat, and electric staircase leading to a private office-ideal for a home business, hobbyist, or car enthusiast. Additional upgrades include updated shingles on house, garage, and sheds, roof vents, and an oversized driveway accommodating 8-10 vehicles. A rare opportunity for families, bungalow enthusiasts, hobbyists, or those seeking future potential in a truly versatile property.

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$838,338 - 338 Little Avenue, Barrie

Detached for Sale in Barrie

109 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
S12725424
Property Type
Detached
Status
active
Days on Site
109
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Barrie
Listing Brokerage
RIGHT AT HOME REALTY INVESTMENTS GROUP
Description

Turn-Key Custom Bungalow on an Exceptional 75' x 200' Lot - Rebuilt from the Studs Up. This beautifully updated bungalow features a new front addition and a fully gutted, professionally rebuilt original home (2014), offering approx. 1,400 sq ft of thoughtfully designed living space. Extensive upgrades include new electrical, furnace, central air, windows, insulation, flooring, and more. The vaulted-ceiling great room impresses with hardwood floors and pot lights, flowing seamlessly into an open-concept breakfast area and custom kitchen with abundant cabinetry and pantry space. The functional layout includes a rear mudroom with walk-out to patio, cold room/food storage, main-floor laundry, and three well-sized bedrooms. The spacious primary retreat boasts his-and-her closets and a 4-piece ensuite. Outside, enjoy a stunning fully fenced yard with extensive interlock stonework, underground irrigation, and endless space for gardeners or entertaining. Ideal property for an AIRBNB business. A standout feature is the 14'10" x 42'2" heated workshop/garage with its own furnace, central air, Nest dual-zone thermostat, and electric staircase leading to a private office-ideal for a home business, hobbyist, or car enthusiast. Additional upgrades include updated shingles on house, garage, and sheds, roof vents, and an oversized driveway accommodating 8-10 vehicles. A rare opportunity for families, bungalow enthusiasts, hobbyists, or those seeking future potential in a truly versatile property.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,301.11/mo

Includes CMHC insurance ($23,390)

$
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5%10%50%

5-yr fixed avg.

Principal: $754,504Interest: $512,439
Mortgage Amount$777,894
Total Interest$512,439
Est. Property Tax$594/mo
Total Cost$1,290,332

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Barrie

Discover Barrie

Barrie is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Barrie

  • Convenient location in Barrie
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Barrie offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

338 Little Avenue, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$594
Insurance (est.)-$175
Net Cash Flow+$2,031

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $762/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 109 days on site, this property has exceeded the typical selling timeline for Barrie. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Barrie are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: Barrie properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,493 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    338 Little Avenue, Barrie | $838,338 | Battaglia Team