87 Little Lake Drive, Barrie, ON

$839,000
MLS#:S8410904
3 beds
3 baths
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Little Lake. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $839,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Spacious lot size measured in Feet
  • Features a partial basement, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Built-In Oven, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

A well- appointed bungalow with mature landscaping , on a large lot and quiet street. Overlooking Little Lake with spectacular water views and sunsets, plus a forest setting. Oversized garage ( 26'5" x 23'7" ) with indoor access and lots of parking. Wrap around decks, with hot tub. Enjoy the recreational lifestyle with boating, kayaks, fishing and ice fishing.Easy access to the HWY 400 , Georgian College and RVH Hospital. Lots of shopping and nearby services.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 16, 2024
Sold price information is available to members only
Listed Date6/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Vinyl Siding
BasementPartial Basement, Partially Finished
CountySimcoe
Annual Tax$4,558
Legal DescriptionA well- appointed bungalow with mature landscaping , on a large lot and quiet street. Overlooking Little Lake with spectacular water views and sunsets, plus a forest setting. Oversized garage ( 26'5" x 23'7" ) with indoor access and lots of parking. Wrap around decks, with hot tub. Enjoy the recreational lifestyle with boating, kayaks, fishing and ice fishing. Easy access to the HWY 400 , Georgian College and RVH Hospital. Lots of shopping and nearby services.

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Built-In Oven, Water Softener

Security Features

Community Features

Location

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87 Little Lake Drive, 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 87 Little Lake Drive, Barrie, ON L4M 7B9

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.

Market Trend
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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 Rate5.25%
Down Payment$58,900 (7.0%)
* Minimum Canadian down payment required for this price is $58,900.
Amortization Period25 Years
Estimated Monthly Payment$4,649Based on a loan of $780,100 over 25 years.
Purchase Price$839,000
Loan Amount$780,100
Provincial Land Transfer Tax:$13,255
Total Estimated Closing Taxes:$13,255

About Purchasing a Home in Barrie, ON

For a property listed at $839,000 in Barrie, the legal minimum down payment is $58,900 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 $13,255 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 $13,255.

Nearby Listings

Distance:

No current listings found in Barrie.

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City & 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$726,632

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
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
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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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.