139 Burns Circle, Barrie

Price: $545,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: S13495916

Top 5 Reasons You Will Love This Home: 1) Located on a quiet, low-traffic street in Letitia Heights, this home is within walking distance of Lampman Lane Park, Andrew Hunter Elementary School, scenic trails, shopping, and everyday amenities 2) Exceptional approximately 200' deep fully fenced backyard surrounded by mature trees, offering endless potential for entertaining, gardening, children, pets, or creating your own private outdoor retreat, complete with a storage shed 3) Functional layout featuring three upper level bedrooms, including a spacious primary bedroom with semi-ensuite access, plus a generous fourth bedroom in the lower level ideal for guests, a home office, or additional living space 4) Fantastic opportunity for buyers looking to renovate, update, and build equity while adding their own personal style to a home with great potential 5) Valuable updates include the roof and furnace within the last five years, newer kitchen countertops, an updated upper level bathtub, a refreshed powder room vanity, and newer flooring throughout the main living area, along with an attached single-car garage, parking for three vehicles, and quick access to Highway 400. 1,190 above grade sq.ft. plus a partially finished basement. *Please note some images have been virtually staged to show the potential of the home.

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$545,000 - 139 Burns Circle, Barrie

Detached for Sale in Barrie

Popular Listing

Neighbourhood: Letitia Heights

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
S13495916
Property Type
Detached
Status
active
Days on Site
11
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Barrie
Listing Brokerage
FARIS TEAM REAL ESTATE BROKERAGE
Description

Top 5 Reasons You Will Love This Home: 1) Located on a quiet, low-traffic street in Letitia Heights, this home is within walking distance of Lampman Lane Park, Andrew Hunter Elementary School, scenic trails, shopping, and everyday amenities 2) Exceptional approximately 200' deep fully fenced backyard surrounded by mature trees, offering endless potential for entertaining, gardening, children, pets, or creating your own private outdoor retreat, complete with a storage shed 3) Functional layout featuring three upper level bedrooms, including a spacious primary bedroom with semi-ensuite access, plus a generous fourth bedroom in the lower level ideal for guests, a home office, or additional living space 4) Fantastic opportunity for buyers looking to renovate, update, and build equity while adding their own personal style to a home with great potential 5) Valuable updates include the roof and furnace within the last five years, newer kitchen countertops, an updated upper level bathtub, a refreshed powder room vanity, and newer flooring throughout the main living area, along with an attached single-car garage, parking for three vehicles, and quick access to Highway 400. 1,190 above grade sq.ft. plus a partially finished basement. *Please note some images have been virtually staged to show the potential of the home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,796.13/mo

Includes CMHC insurance ($15,206)

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5-yr fixed avg.

Principal: $490,500Interest: $333,134
Mortgage Amount$505,706
Total Interest$333,134
Est. Property Tax$386/mo
Total Cost$838,840

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Letitia Heights

Discover Letitia Heights

Letitia Heights is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Letitia Heights

  • Convenient location in Barrie
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Letitia Heights offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

139 Burns Circle, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
5.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$386
Insurance (est.)-$114
Net Cash Flow+$2,700

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $495/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Detached Home Advantages

Detached homes in Barrie are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Barrie. Good resale value as demand remains consistent.

About Letitia Heights

I know Letitia Heights well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Barrie properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,271 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    139 Burns Circle, Barrie | $545,000 | Battaglia Team