58 Lakeside Terrace, Unit 8, Barrie, ON

$495,000
MLS#:S9252837
2 beds
2 baths
800-899 sqft
1.0 parking
Residential Condo & Other
58 Lakeside Terrace 309, Barrie, ON L4M 0L3
⚠️

Property no longer active

This property was sold on October 21, 2024. 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 400 North. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $495,000 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 2 Bathrooms
  • Generous living space spanning 800-899 sqft
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This modern 2-bedroom, 2-bathroom condominium unit boasts a luxurious and convenient lifestyle. The upgraded kitchen features quartz counters, an under-mount sink, a modern tile backsplash, and a kitchen island with matching quartz, creating a sleek and stylish space for cooking and entertaining. Residents can enjoy a range of amenities, including a rooftop terrace and lounge with BBQ facilities, a party room with a pool table, a pet spa, and a guest suite for visitors. With maintenance-free living and underground parking, convenience is paramount. Located just minutes away from shopping centers, Highway 400, schools, parks, and more, this condo unit in the Lakeside Terrace community offers the perfect blend of luxury and accessibility. Additional extras include stainless steel appliances such as a fridge, stove, dishwasher, and built-in microwave, as well as a washer and dryer for added convenience. Don't miss out on the opportunity to elevate your lifestyle in this beautiful condominium unit.

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Property Summary

This condo apartment located at 58 Lakeside Terrace, Barrie is currently for sale and has been available on SousaSells for 723 days. This property is listed at $495,000 with an estimated mortgage of $1,648* per month. It has 2 beds, 2 bathrooms, and is 800-899 square feet. 58 Lakeside Terrace, Barrie is in the 400 North neighborhood.

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

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in 400 North, Barrie.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 800-899 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
2
Bathrooms
2
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 21, 2024
Sold price information is available to members only
Listed Date8/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Stucco (Plaster)
BasementNone
CountySimcoe
Annual Tax$3,331

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Greenbelt/Conservation
  • Hospital
  • Public Transit
  • Place Of Worship

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 58 Lakeside Terrace, Unit 8, Barrie, ON

Q.What is the asking price for 58 Lakeside Terrace, Unit 8, Barrie, ON ?

The current listing price for 58 Lakeside Terrace, Unit 8, Barrie, ON in 400 North, Barrie is $495,000.

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

This property features 2 bedrooms and 2 bathrooms across approximately 800-899 sqft.

Q.What property type and architectural style is 58 Lakeside Terrace, Unit 8, Barrie, ON ?

58 Lakeside Terrace, Unit 8, Barrie, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 58 Lakeside Terrace, Unit 8, Barrie, ON offer?

Key property features include: Greenbelt/Conservation, Hospital, Public Transit, Place Of Worship.

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 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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58 Lakeside Terrace, Unit 8, 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 58 Lakeside Terrace 309, Barrie, ON L4M 0L3

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.

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Interest Rate4.00%
Down Payment$148,500 (30.0%)
* Minimum Canadian down payment required for this price is $24,750.
Amortization Period30 Years
Estimated Monthly Payment$1,648Based on a loan of $346,500 over 30 years.
Purchase Price$495,000
Loan Amount$346,500
Provincial Land Transfer Tax:$6,375
Total Estimated Closing Taxes:$6,375

About Purchasing a Home in Barrie, ON

For a property listed at $495,000 in Barrie, the legal minimum down payment is $24,750 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 $6,375 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 $6,375.

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400 North, Barrie Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 400 North, Barrie.

Verified Local Data
City Population212,856
City Median Age40 Yrs
City Ownership73% Owners
Avg Area List Price$4,749,862

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 400 North, Barrie

Elementary Schools

St John Vianney
Public393, Barrie, Ontario, L4N 3G7
6.0
St Mary's
Public340 Leacock Drive, Barrie, Ontario, L4N 6J8
6.6
Allandale Heights
Public124 Bayview Drive, Barrie, Ontario, L4N 3P4
4.4
Ferndale Woods
Public170 Ferndale Drive South, Barrie, Ontario, L4N 8A1
5.3
Hillcrest
Public184 Toronto Street, Barrie, Ontario, L4N 1V5
4.0

Secondary Schools

Innisdale
Public87 Little Avenue, Barrie, Ontario, L4N 4K8
6.8
Nouvelle-Alliance
Public249 Anne Street North, Barrie, Ontario, L4N 0B5
6.4
Barrie North
Public110 Grove Street East, Barrie, Ontario, L4M 2P3
7.0

400 North, 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.