Loading neighbourhood intel…

$390K · 1+1 bed Condo Apartment · Little Lake, Barrie | MyPropertyScout

$389,900

Unit 604

1+11TenantOccupied

Map

$389,900

A●●○○○

Unit 604

56 Lakeside Terrace · Barrie · Ontario L4M 7B9

MLS® S12889018 · Little Lake · L4M 7B9

1+11TenantOccupied500-599 ft²Condo Apartment1-car Underground$710/ft²$3,162 tax/yrBuilt 20233 yrs old

12% below market · regional est.

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Welcome to your dream condo with stunning views of the lake! This well-designed unit offers picturesque lake views from the master bedroom, living room, and balcony. Included are a parking space and a locker. Enjoy laminate and tile flooring, in-suite laundry, and convenient access to Highway 400, shopping, and schools. Amenities include a gym, party room, pet spa, games room, and security guard. Don't miss your chance to call this stunning condo your home!

Reserved · coming next

MyPropertyScout exclusive

Reserve your Home Buyers Package

Could save you thousands on this purchase — closing strategy, negotiation & rebate.

MyStreetValue™ Analysis

Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →

Property details

MLS#: S12889018
Status: Buy Now
Beds: 1+1
Baths: 1 full, 0 half
Size: 500-599
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Lake/Pond, Marina, Place Of Worship, Public Transit, School, Hospital

View: Lake

Condo corp #: 515
Balcony: Open
Locker: None
Association amenities: Concierge, Exercise Room, Game Room, Gym, Party Room/Meeting Room, Visitor Parking
Fees include: Heat Included, Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick Front, Concrete
Fronting on: —
Cross street: Lakeside/Cundles
Basement: None
Stories: 6
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: Underground

Rooms

Level	Room	Dimensions
Flat	Living Room	2.82m × 3.12m
Flat	Dining Room	3.05m × 4.72m
Flat	Kitchen	3.05m × 4.72m
Flat	Bedroom	2.79m × 2.84m
Flat	Den	1.96m × 2.01m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ORION PLATINUM REALTY

Source: TRREB/PROPTX · MLS® S12889018

Do you own a home in Barrie?

Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.

Get My StreetValue™ →

$390K

Unit 604 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $389,900✓ $3,162 tax✓ Gas✓ 500-599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,781/mo

incl. closing costs (yr 1)

Annual total

$45,369

year 1

Mortgage only

$1,479/mo

principal + interest

Beyond mortgage

$1,483/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$77,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$264/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~550 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$3,899/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$39/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,324

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)39% $17,750/yr

Property taxes17% $7,486/yr

Utilities9% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance9% $3,899/yr

Condo fees12% $5,574/yr

Closing costs11% $5,100/yr

Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$17,750	$1,479/mo
Government & taxes
Property tax	$3,162	$264/mo
Land transfer tax(closing)	$4,324	$360/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$3,899	$325/mo
Condo fees
Condo / HOA fees	$5,574	$464/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$45,369	$3,781/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

Unlock Insider Deals

Sign in

Unit 604

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

Request a Showing

Request a Showing

Annual costs