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Letitia Heights, Barrie
$798,000
Welcome to this exceptional 5-bedroom, 4-bathroom home, set on a coveted ravine lot with seasonal panoramic views of Barrie. Combining family living, weekend entertaining, and smart investment income, it offers a registered second suite, a heated in-ground pool, and premium finishes throughout. Features include beautiful hardwood floors, separate living and dining rooms, an inviting family room with fireplace, a 2-piece bath, and convenient main-floor laundry. The recently renovated kitchen is the heart of the home, perfectly appointed for both everyday living and entertaining. Upstairs, the main 4-piece bath and the ensuite have both been renovated within the past two years. Recent updates also include a new furnace, central air conditioning, front door, and front walkway (2024-2025).Step outside to your own private oasis. The spectacular 16x32-foot heated in-ground pool comes with a new liner, new heater, automatic pool cleaner, and winter safety cover. Mature perennial gardens frame the front and back yards, providing curb appeal and summer seclusion on this ravine setting.The lower level registered legal, in-law suite with separate entrance, currently pays $1,332/month inclusive of utilities and internet, providing immediate income to help offset a mortgage payment
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,200 |
| Lot Size | 49.21 ft x 171 ft |
| mls© Number | S13846500 |
| Listed By | RE/MAX HALLMARK CHAY REALTY |
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%
- $4,085
- Property tax
- $433
- Heat allowance
- $150
- Housing costs
- $4,668 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$144,000
gross annual household income
- Payment at 4%
- $3,358 / mo
- Cash down
- $159,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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