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$375K · 1 bed Condo Apartment · Unit 1102, 56 Lakeside Terrace, Barrie, Ontario L4M 0L4 | HomeSearchCanada

$374,500

Unit 1102

9 DOM

119d

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DOM 9

$374,500

DOM9days

Unit 1102

56 Lakeside Terrace · Barrie · Ontario L4M 0L4

MLS® S13718528 · Little Lake · L4M 0L4

11TenantOccupied500-599 ft²Condo Apartment1-car UndergroundNo basement9d$682/ft²$2,936 tax/yrNew buildNo basement

9 days on market

About this home

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…

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Property details

MLS#: S13718528
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 1 full, 0 half
Rooms: 4
Kitchens: 1
Size: 500-599Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: Approx. New yrs

Occupancy: Tenant Occupied
Washrooms: 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: No
Special designation: Other, Unknown

Condo corp #: 515
Balcony: Open
Locker: None
Fees include: None
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
Fronting on: —
Cross street: Highway 400/ Lakeside Terrace
Stories: 11
Utilities: —
Laundry: Ensuite
Interior: Other
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: UPSTATE REALTY INC.

Source: TRREB/PROPTX · MLS® S13718528

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$375K

Unit 1102 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $374,500✓ $2,936 tax✓ Gas✓ 500-599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,629/mo

incl. closing costs (yr 1)

Annual total

$43,552

year 1

Mortgage only

$1,421/mo

principal + interest

Beyond mortgage

$1,409/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$74,900

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$245/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%$3,745/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)$35/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,093

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)39% $17,049/yr

Property taxes16% $7,029/yr

Utilities9% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance9% $3,745/yr

Condo fees12% $5,069/yr

Closing costs12% $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)	$17,049	$1,421/mo
Government & taxes
Property tax	$2,936	$245/mo
Land transfer tax(closing)	$4,093	$341/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%)	$3,745	$312/mo
Condo fees
Condo / HOA fees	$5,069	$422/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	$43,552	$3,629/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.

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Unit 1102

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs