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Letitia Heights, Barrie
$619,888
Beautiful Raised Bungalow with Income Potential! Welcome to this charming 3-bedroom raised bungalow, ideally situated on a quiet crescent just minutes from commuter routes and all amenities. Perfect for first-time buyers, growing families, or investors. The walk-in basement makes it an excellent candidate for a duplex conversion. The open-concept main floor features a spacious living-and-dining room combo, a bright eat-in kitchen, and a walkout to a huge deck and fenced backyard. The newly renovated main-floor washroom and kitchen, plus a downstairs washroom, add convenience and flexibility for a potential second unit. The partially finished basement boasts a large rec room offering excellent income potential. Additional updates include a roof (2025), a new furnace (2020), and new appliances (2026). With parking for 3 in the driveway plus 1 in the garage, this home is move-in ready and shows A+!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,896 |
| Lot Size | 15.24 metres x 0 metres |
| mls© Number | S13816974 |
| Listed By | HOMELIFE NEW WORLD REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,173
- Property tax
- $325
- Heat allowance
- $150
- Housing costs
- $3,648 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$112,000
gross annual household income
- Payment at 4%
- $2,609 / mo
- Cash down
- $123,978
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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