$775,000 - 23 Carr Drive, Barrie
Multi-Family for Sale in Barrie
Popular ListingNeighbourhood: Letitia Heights
- MLS Number
- S13499442
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 8
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Barrie
- Listing Brokerage
- Sotheby's International Realty Canada
Welcome to 23 Carr Drive in Barrie's desirable Letitia Heights neighbourhood-a beautifully updated and meticulously maintained family home offering exceptional versatility with a legally registered basement apartment and separate entrance. This spacious 3+1 bedroom, 3+1-bathroom home showcases numerous upgrades throughout, including a modernized kitchen, renovated bathrooms, stylish finishes, and thoughtful design elements that create a warm and inviting atmosphere. The main level features a bright living room anchored by a charming wood-burning fireplace, a separate dining room for entertaining, a convenient powder room, and a walkout from the kitchen to a private deck overlooking the fully fenced backyard. Upstairs, you'll find three generous bedrooms, second-floor laundry, and an inviting primary retreat complete with built-in cabinetry, a walk-in closet, and a private ensuite bathroom. The fully finished lower level offers a legally registered one-bedroom apartment with its own separate entrance-ideal for multi-generational living, extended family, guests, or valuable rental income potential. Situated on a mature lot in a family-friendly neighbourhood close to parks, schools, shopping, recreation centres, public transit, and Highway 400 access, this property delivers the perfect balance of comfort, convenience, and investment opportunity.
Estimate your monthly payments for this property
Estimated Payment
$3,976.15/mo
Includes CMHC insurance ($21,623)
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.
23 Carr Drive, 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 $517/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.
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.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $3,229 (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.