$469,000 - 58 Lakeside Terrace Unit 908, Barrie
Condo for Sale in Barrie
55 days on market- MLS Number
- S13044942
- Property Type
- Condo
- Status
- active
- Days on Site
- 55
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Barrie
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RE/MAX PREMIER INC.
Welcome to this bright and spacious 2-bedroom condo at 58 Lakeside Terrace in Barrie. This well-designed 830 sf unit features a functional split-bedroom layout, providing excellent separation and privacy, ideal for comfortable everyday living. The open-concept living and dining area offers ample space to relax or entertain, while large windows fill the unit with natural light, creating a warm and inviting atmosphere. The modern kitchen with breakfast-bar island seamlessly connects to the main living space, enhancing flow and functionality. Step out onto your private balcony and take in beautiful views of Little Lake, the perfect setting to unwind. Both bedrooms are generously sized, making this home suitable for couples, small families, or those needing a home-office. Complete with 1 locker and 1 underground parking spot conveniently situated close to the elevator. Located in a growing community close to transit, shopping, parks, and Barrie's waterfront, this is a fantastic opportunity to own a stylish and comfortable condo. Many modern amenities include dog wash, party room, guest suites, bike storage, roof top terrace, etc.
Estimate your monthly payments for this property
Estimated Payment
$2,406.21/mo
Includes CMHC insurance ($13,085)
5-yr fixed avg.
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.
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
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.
58 Lakeside Terrace Unit 908, Barrie
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $586/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 55 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.