228 Letitia Street, Barrie, ON

$550,000
MLS#:S9053517
2 beds
1 baths
2.0 parking
Residential Freehold
228 Letitia Street, Barrie, ON L4N 4Z7
⚠️

Property no longer active

This property was sold on October 4, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Letitia Heights. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $550,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Premium 40 x 110 ft lot size
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: In-Law Capability, Other, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 228 Letitia Street! This Charming Detached 2 Bedroom Home In the Heart of Barrie. Close to- Highway, Shopping, Restaurants, Georgian Mall, Schools and Lampton Lane Park. This Home is perfect for First-Time Buyers or Investors. Updates include- Roof '18, Driveway '18, Furnace '22, A/C '22, Windows/Egress '23 & Exterior Doors '23. Brand new Front Entrance with deck that never existed. BBQ Gas line easy for entertaining in the Backyard. The Basement has been left unfinished for your convenience. Bonus- Side Entrance, can be converted into a Secondary Suite. Steps to walking path to Lampton Lane Park- 17 acres of Community, playground, basketball courts, outdoor rink, skate park, tennis courts, splash pad, baseball diamonds. Perfect Starter Home!

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Property Summary

This detached home located at 228 Letitia Street, Barrie is currently for sale and has been available on SousaSells for 744 days. This property is listed at $550,000 with an estimated mortgage of $1,831* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 228 Letitia Street, Barrie is in the Letitia Heights neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Letitia Heights, Barrie.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • Desirable Detached architecture in Letitia Heights, Barrie
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 4, 2024
Sold price information is available to members only
Listed Date7/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFull, Unfinished
Lot Size40 × 110 Feet
CountySimcoe
Annual Tax$3,248.2
Legal DescriptionPCL 217-1 SEC M108; LT 217 PL M108 ; S/T LT13432 BARRIE

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • School

Interior Features

  • In-Law Capability
  • Other
  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 228 Letitia Street, Barrie, ON

Q.What is the asking price for 228 Letitia Street, Barrie, ON ?

The current listing price for 228 Letitia Street, Barrie, ON in Letitia Heights, Barrie is $550,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom.

Q.What property type and architectural style is 228 Letitia Street, Barrie, ON ?

228 Letitia Street, Barrie, ON is a Detached (Bungalow) featuring a Full, Unfinished basement.

Q.What key property features does 228 Letitia Street, Barrie, ON offer?

Key property features include: Hospital, Park, Public Transit, Rec./Commun.Centre, School.

Q.What interior features are included in this home?

Interior highlights include: In-Law Capability, Other, Primary Bedroom - Main Floor.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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228 Letitia 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 228 Letitia Street, Barrie, ON L4N 4Z7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Barrie.

Configure Loan Settings

Interest Rate4.00%
Down Payment$165,000 (30.0%)
* Minimum Canadian down payment required for this price is $30,000.
Amortization Period30 Years
Estimated Monthly Payment$1,831Based on a loan of $385,000 over 30 years.
Purchase Price$550,000
Loan Amount$385,000
Provincial Land Transfer Tax:$7,475
Total Estimated Closing Taxes:$7,475

About Purchasing a Home in Barrie, ON

For a property listed at $550,000 in Barrie, the legal minimum down payment is $30,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,475 for this transaction. As this listing is in Barrie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,475.

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Letitia Heights, Barrie Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Letitia Heights, Barrie.

Verified Local Data
City Population212,856
City Median Age40 Yrs
City Ownership73% Owners
Avg Area List Price$621,554

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%

Best Schools in Letitia Heights, Barrie

Elementary Schools

St Mary's
Public340 Leacock Drive, Barrie, Ontario, L4N 6J8
6.6
Portage View
Public124 Letitia Street, Barrie, Ontario, L4N 1P5
3.5
Andrew Hunter
Public59 Lampman Lane, Barrie, Ontario, L4N 5G4
4.7
Emma King
Public383 Cundles Road West, Barrie, Ontario, L4N 7C7
6.0
The Good Shepherd
Public23 Cloughley Drive, Barrie, Ontario, L4N 7Y3
6.4

Secondary Schools

Nouvelle-Alliance
Public249 Anne Street North, Barrie, Ontario, L4N 0B5
6.4
Barrie North
Public110 Grove Street East, Barrie, Ontario, L4M 2P3
7.0

Letitia Heights, Barrie Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied73%
Rented27%

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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.

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.