278 Anne Street, Barrie, ON

$725,000
MLS#:S11940705
5 beds
2 baths
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Letitia Heights. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $725,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Spacious lot size measured in Feet
  • Features a ["separate entrance", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Investment Opportunity or Perfect Family Home: Legal Duplex in Barrie. Welcome to 278 Anne Street, a versatile and well-maintained legal duplex in one of Barrie's most desirable neighborhoods. This property offers an exceptional investment opportunity or a perfect solution for those seeking a home with additional rental income. Featuring two separate, fully tenanted units, this property is an existing cash-flowing asset. Each unit has a private entrance, ensuring privacy and convenience for residents. The upper unit and lower unit both have their own laundry and own parking spaces. Upper Unit: Spacious and bright, featuring a large living area and well-sized bedrooms. The upper unit has abundant natural light and is designed well for a family. Lower Unit: Similarly, this unit includes a large size family room, a fully equipped kitchen, and comfortable bedrooms. It provides a welcoming space with functional design and modern amenities. The property also includes a private backyard area, perfect for outdoor relaxation or entertaining. The well-maintained exterior, newer mechanicals and steel roof enhance the overall appeal of this investment property. Located in a family-friendly neighborhood, 278 Anne Street is close to schools, parks, shopping, and major transportation routes, making it a desirable location for tenants or as a personal residence. Don't miss this opportunity to own a cash-flowing property with the added benefit of a potential personal residence. Schedule your showing today and explore the possibilities that 278 Anne Street has to offer

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 18, 2025
Sold price information is available to members only
Listed Date1/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementSeparate Entrance, Finished
CountySimcoe
Annual Tax$4,710
Legal DescriptionPCL 7-1 SEC M85; LT 7 PL M85; S/T RIGHT LT36956 ; S/T LT9438 BARRIE

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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278 Anne Street, Barrie, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 278 Anne Street N, Barrie, ON L4N 5H9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$580,000
Monthly Mortgage$3,370
Property Tax (Est.)$393
Utilities & Maint.$350
Total Monthly Cost$4,113

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Barrie.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Letitia Heights, Barrie.

Verified Local Data
City Population212,856
City Median Age40 Yrs
City Ownership73% Owners
Avg Area List Price$637,583

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
28%
Other households
1%

Top Ethnic Origins

English26%
Scottish21%
Irish21%
Canadian17%

Local Schools Guide

Elementary Schools

St Mary's
Public340 Leacock Drive, Barrie, Ontario, L4N 6J8
6.6
Andrew Hunter
Public59 Lampman Lane, Barrie, Ontario, L4N 5G4
4.7
Portage View
Public124 Letitia Street, Barrie, Ontario, L4N 1P5
3.5
Emma King
Public383 Cundles Road West, Barrie, Ontario, L4N 7C7
6.0
The Good Shepherd
Public23 Cloughley Drive, Barrie, Ontario, L4N 7Y3
6.4

Secondary Schools

Nouvelle-Alliance
Public249 Anne Street North, Barrie, Ontario, L4N 0B5
6.4
Barrie North
Public110 Grove Street East, Barrie, Ontario, L4M 2P3
7.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied73%
Rented27%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.