56 Lakeside Terrace, Unit 304, Barrie, ON

$419,900
MLS#:S12089212
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
56 Lakeside Terrace 304, Barrie, ON L4M 0L4
⚠️

Property no longer active

This property was sold on May 29, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Little Lake. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $419,900 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 500-599 sqft
  • 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

Description

Welcome home! This brand new 1 bedroom + den condo on the shores of Little Lake combines the luxury of lake-side living with the convenience of city life! Enjoy stunning views of Little Lake from your private balcony. Bright, open-concept living, dining and kitchen with high-end finishes including quartz counters, ceramic backsplash and luxury flooring. Primary bedroom with lake views. Ensuite laundry. Take advantage of the building's many amenities including games room with billiard table and foosball, party room, fitness room, pet spa, rooftop lounge with BBQ, TV lounge, sun lounge with fireplace, Chef's kitchen and outdoor patio. Close to shopping, RVH hospital, Georgian College, restaurants, Cineplex cinema and highway400!

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Property Summary

This condo apartment located at 56 Lakeside Terrace, Barrie is currently for sale and has been available on SousaSells for 476 days. This property is listed at $419,900 with an estimated mortgage of $1,398* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 56 Lakeside Terrace, Barrie is in the Little Lake 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 Little Lake, Barrie.

Great for Small Household / Couples
What We Love About This Home
  • 1 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 500-599 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Barrie.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 29, 2025
Sold price information is available to members only
Listed Date4/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountySimcoe
Annual Tax$0

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Lake/Pond
  • Public Transit
  • School

Interior Features

  • Carpet Free

Security Features

  • Carbon Monoxide Detectors
  • Concierge/Security
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 56 Lakeside Terrace, Unit 304, Barrie, ON

Q.What is the asking price for 56 Lakeside Terrace, Unit 304, Barrie, ON ?

The current listing price for 56 Lakeside Terrace, Unit 304, Barrie, ON in Little Lake, Barrie is $419,900.

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

This property features 1 bedroom and 1 bathroom across approximately 500-599 sqft.

Q.What property type and architectural style is 56 Lakeside Terrace, Unit 304, Barrie, ON ?

56 Lakeside Terrace, Unit 304, Barrie, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 56 Lakeside Terrace, Unit 304, Barrie, ON offer?

Key property features include: Hospital, Lake/Pond, Public Transit, School.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.What security features are installed at 56 Lakeside Terrace, Unit 304, Barrie, ON ?

Security features include: Carbon Monoxide Detectors, Concierge/Security, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

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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56 Lakeside Terrace, Unit 304, 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 56 Lakeside Terrace 304, 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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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$125,970 (30.0%)
* Minimum Canadian down payment required for this price is $20,995.
Amortization Period30 Years
Estimated Monthly Payment$1,398Based on a loan of $293,930 over 30 years.
Purchase Price$419,900
Loan Amount$293,930
Provincial Land Transfer Tax:$4,873
Total Estimated Closing Taxes:$4,873

About Purchasing a Home in Barrie, ON

For a property listed at $419,900 in Barrie, the legal minimum down payment is $20,995 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 $4,873 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 $4,873.

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Little Lake, Barrie Neighborhood Guide

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

Verified Local Data
City Population212,856
City Median Age40 Yrs
City Ownership73% Owners
Avg Area List Price$565,528

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 Little Lake, Barrie

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
Cundles Heights
Public60 Cundles Road East, Barrie, Ontario, L4M 2Z7
4.1

Secondary Schools

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

Little Lake, 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.