278 Anne Street, Barrie, ON
Property no longer active
This property was sold on March 18, 2025. This listing is for reference purposes only. to view the sold price.
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
Description
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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Property Summary
This detached home located at 278 Anne Street, Barrie is currently for sale and has been available on SousaSells for 563 days. This property is listed at $725,000 with an estimated mortgage of $2,413* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 278 Anne Street, Barrie is in the Letitia Heights neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Letitia Heights, Barrie.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •Desirable Detached architecture in Letitia Heights, Barrie
Growing families needing multi-bedroom flexibility and space in Letitia Heights, Barrie.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 278 Anne Street, Barrie, ON
Q.What is the asking price for 278 Anne Street, Barrie, ON ?
The current listing price for 278 Anne Street, Barrie, ON in Letitia Heights, Barrie is $725,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms.
Q.What property type and architectural style is 278 Anne Street, Barrie, ON ?
278 Anne Street, Barrie, ON is a Detached (Bungalow-Raised) featuring a Separate Entrance, Finished basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 278 Anne Street N, Barrie, ON L4N 5H9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Barrie, ON
For a property listed at $725,000 in Barrie, the legal minimum down payment is $47,500 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 $10,975 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 $10,975.
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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.