$515,000 - 58 Lakeside Terrace Unit 911, Barrie
Condo for Sale in Barrie
New — Listed 5 days ago- MLS Number
- S13222024
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Barrie
- Locker
- None
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- HOMELIFE KINGSVIEW REAL ESTATE INC.
Welcome to modern condo living in Barrie's desirable Little Lake community. This stylish 2-bedroom, 2-bathroom suite offers a bright, open-concept layout designed for comfort and functionality. Enjoy beautiful lake views from your private balcony, the perfect space to relax and unwind. The unit features contemporary finishes and includes essential appliances such as a fridge, stove, microwave, dishwasher, washer, and dryer for added convenience.Residents enjoy access to a wide range of impressive building amenities including a fully equipped fitness centre, games and party room, rooftop terrace with BBQ areas, guest suites for visitors, and a convenient dog wash station for pet owners. The building also offers parking and electric vehicle charging, making everyday living easy and efficient.Ideally located just minutes from Highway 400, this home provides quick access to shopping, restaurants, parks, and everyday amenities. Whether you're entertaining guests, staying active, or enjoying the nearby natural surroundings, this condo delivers the perfect balance of lifestyle, comfort, and convenience in one of Barrie's most sought-after neighbourhoods.EXTRAS: Pet-friendly building with dog wash station. Fitness centre, party and games rooms, pool table, EV charging, guest suites, and a stunning rooftop terrace with BBQ area. Conveniently located close to shopping, restaurants, parks, and easy Highway 400 access.
Estimate your monthly payments for this property
Estimated Payment
$2,642.22/mo
Includes CMHC insurance ($14,369)
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 911, 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 $644/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Barrie's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 $2,146 (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.