278 Anne Street, Barrie, ON

$725,000
MLS#:S11940705
5 beds
2 baths
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Letitia Heights. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $725,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Spacious lot size measured in Feet
  • Features a ["separate entrance", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Investment Opportunity or Perfect Family Home: Legal Duplex in Barrie. Welcome to 278 Anne Street, a versatile and well-maintained legal duplex in one of Barrie's most desirable neighborhoods. This property offers an exceptional investment opportunity or a perfect solution for those seeking a home with additional rental income. Featuring two separate, fully tenanted units, this property is an existing cash-flowing asset. Each unit has a private entrance, ensuring privacy and convenience for residents. The upper unit and lower unit both have their own laundry and own parking spaces. Upper Unit: Spacious and bright, featuring a large living area and well-sized bedrooms. The upper unit has abundant natural light and is designed well for a family. Lower Unit: Similarly, this unit includes a large size family room, a fully equipped kitchen, and comfortable bedrooms. It provides a welcoming space with functional design and modern amenities. The property also includes a private backyard area, perfect for outdoor relaxation or entertaining. The well-maintained exterior, newer mechanicals and steel roof enhance the overall appeal of this investment property. Located in a family-friendly neighborhood, 278 Anne Street is close to schools, parks, shopping, and major transportation routes, making it a desirable location for tenants or as a personal residence. Don't miss this opportunity to own a cash-flowing property with the added benefit of a potential personal residence. Schedule your showing today and explore the possibilities that 278 Anne Street has to offer

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 18, 2025
Sold price information is available to members only
Listed Date1/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
CountySimcoe
Annual Tax$4,710
Legal DescriptionPCL 7-1 SEC M85; LT 7 PL M85; S/T RIGHT LT36956 ; S/T LT9438 BARRIE

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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278 Anne Street, Barrie, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 278 Anne Street N, Barrie, ON L4N 5H9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$580,000
Monthly Mortgage$3,370
Property Tax (Est.)$393
Utilities & Maint.$350
Total Monthly Cost$4,113

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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