$374,500 - 56 Lakeside Terrace Unit 1102, Barrie
Condo for Sale in Barrie
Popular ListingNeighbourhood: Little Lake
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- MLS Number
- S13718528
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Barrie
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- UPSTATE REALTY INC.
Welcome to LakeVu Condos at Little Lake Simcoe! This beautiful and modern 1-bedroom condo offers an excellent opportunity for first-time buyers, investors, or those looking to enjoy a convenient and low-maintenance lifestyle in Barrie. Featuring approximately 500-599 sq. ft. of well-designed living space, this unit offers an open-concept layout with laminate flooring throughout and plenty of natural light. The contemporary kitchen is equipped with stainless steel appliances, ample cabinetry, and a functional layout that seamlessly connects to the dining and living areas. The bright living area walks out to a private east-facing balcony, offering a peaceful outdoor space and beautiful lake views. The spacious bedroom features a large closet and large window, providing comfort and excellent natural light. Ensuite laundry adds everyday convenience. Enjoy an impressive collection of building amenities, including a fitness centre, party room, concierge service, BBQ area, lounge, rooftop lounge, and sun lounge area. One underground parking space is included. Ideally located with easy access to Highway 400, Georgian College, Cineplex, restaurants, shopping, parks, transit, and other everyday amenities. Set in a desirable community near Little Lake Simcoe, this condo offers the perfect combination of modern living, convenience, and lifestyle. Don't miss the opportunity to own this beautiful unit in one of Barrie's sought-after condo communities.
Estimate your monthly payments for this property
Estimated Payment
$1,921.38/mo
Includes CMHC insurance ($10,449)
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 Little Lake
Little Lake 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 Little Lake
- •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
Little Lake 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.
56 Lakeside Terrace Unit 1102, Barrie
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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 $749/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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Little Lake
I know Little Lake 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.
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.