56 Lakeside Terrace, Barrie, ON

$425,000
MLS#:S11898189
1 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Little Lake. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $425,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Hello Stylish, Bright, And Spacious! If You're A First Time Home Buyer Looking For An Affordable First Place, Don't Scroll Past This Beauty On Little Lake! Brand New And Never Lived In, This South-Facing Corner Unit Offers A Spectacular Value To First Time Buyers And Investors Alike! With Large Windows All Around, An XL Balcony, And One Of The Most Spacious 1 Bedroom Floor Plans In The Building, You'll Feel Perfectly At Home In This High Quality Condo! With Great Amenities Like A Rooftop Terrace, Party Room, Games Room, And Solid Gym -- Along With A Young Demographic In The Building -- LakeVu 2 Offers An Unparalleled Lifestyle In Barrie! Located Just Off Hwy 400 And Minutes To All The Shopping And Restaurants You Need, Life At LakeVu Is As Practical As It Is Picturesque! With Interest Rates Falling And An Unbeatable Price Tag Under $700 PSF Do The Math And See The Tremendous Value That Awaits You! There Is No Better Deal For Brand New, High Quality Product Like This One!! Available Immediately, With Offers Anytime (No Gimmicks). One Parking Spot Included. Come Take A Look Today!

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 3, 2025
Sold price information is available to members only
Listed Date12/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionStone, Brick
CountySimcoe
Annual Tax$2,886.84

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

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

Features

Property Features

Clear View, Hospital, Lake/Pond, Park, Public Transit, School

Community Features

Location

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56 Lakeside Terrace, Barrie, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Little Lake, Barrie.

Verified Local Data
Population212,856
Median Age40 Yrs
Ownership73% Owners
Avg Area List Price$615,365

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
28%
Other households
1%

Top Ethnic Origins

English26%
Scottish21%
Irish21%
Canadian17%

Local Schools Guide

Elementary Schools

Frère-André
Public273, Barrie, Ontario, L4M 6L1
4.3
Monsignor Clair
Public345, Barrie, Ontario, L4M 7B5
5.4
Maple Grove
Public242, Barrie, Ontario, L4M 2P9
5.9
Steele Street
Public36, Barrie, Ontario, L4M 2E7
4.0
Terry Fox
Public100 Livingstone Street East, Barrie, Ontario, L4M 6X9
7.1

Secondary Schools

St. Joseph’s
Catholic243 Cundles Road East, Barrie, Ontario, L4M 6L1
5.5
Barrie North
Public110 Grove Street East, Barrie, Ontario, L4M 2P3
7.0
Eastview
Public421 Grove Street East, Barrie, Ontario, L4M 5S1
7.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied73%
Rented27%

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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 56 Lakeside Terrace 710, Barrie, ON L4M 0L4

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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Financial Audit

Estimated Costs

Loan Amount$340,000
Monthly Mortgage$1,976
Property Tax (Est.)$241
Utilities & Maint.$350
Total Monthly Cost$2,567

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Barrie.

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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.