$574,900 - 16 Austen Lane, Barrie
Detached for Sale in Barrie
New — Listed yesterdayNeighbourhood: Letitia Heights
- MLS Number
- S13525564
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- RE/MAX HALLMARK CHAY REALTY
Welcome to 16 Austen Lane! Situated in Barrie's established Letitia Heights neighbourhood, this well-maintained 4-level back split offers a functional layout, detached double garage, and a private, fully fenced backyard-perfect for families, first-time buyers, or those looking for extra living space. The bright main floor features a spacious living and dining area alongside a practical kitchen with plenty of cabinetry and workspace. Upstairs you'll find two generous bedrooms and a full 4-piece bathroom, while the lower level offers a third bedroom, a convenient 2-piece bath, and a spacious recreation room with a walk-out to the backyard. The finished basement provides additional versatile living space, ideal as a family room, home gym, office, or playroom, along with a dedicated laundry area. Enjoy parking for up to six vehicles with the detached double garage and extended driveway. Conveniently located close to parks, schools, recreation centres, public transit, shopping, and commuter routes, this is a fantastic opportunity to own a move-in-ready home in one of Barrie's most established family-friendly communities.Feature HighlightsDetached 20' x 24' double garageParking for 6 vehicles3 bedrooms & 2 bathroomsFinished 4-level back split Walk-out from recreation room to finished basement with flexible living space Fully fenced yard Close to parks, schools, recreation, transit & shopping
Estimate your monthly payments for this property
Estimated Payment
$2,949.53/mo
Includes CMHC insurance ($16,040)
5-yr fixed avg.
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.
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
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.
16 Austen Lane, Barrie
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $523/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Barrie's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,395 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.