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Investment signal

$950,000

9 LITTLE LAKE DRIVE

Save this home

Beds

5

Baths

4 full + 1 half

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Barrie (Little Lake). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Exceptional opportunity to own a large and highly versatile home offering over 3,000 sq ft of living space plus a partially finished basement, set on a rare oversized in-town lot measuring approximately 69 ft x 330 ft with views of Little Lake. This brick and wood residence has been previously used as a group home and offers incredible flexibility for a wide range of future uses. The spacious layout is filled with natural light thanks to numerous large windows throughout, creating a warm and inviting atmosphere across all levels.The home features a separate entrance to the basement with a convenient walk-up to the oversized attached double garage, enhancing the potential for multi-generational living or income opportunities. The lower level already includes three bedrooms and a small kitchenette, providing a strong foundation for an in-law suite or rental setup. With parking available for up to 14 vehicles, the property easily accommodates large families, guests, or possible business-related needs.Situated on sought-after Little Lake area in North Barrie, this is a truly rare setting offering both privacy and scenic lake views while still being close to everything. Commuters will appreciate quick and easy access to Highway 400, making travel south to the GTA or north to cottage country seamless. The home is also conveniently located near Georgian College, The Barrie Country Club, Royal Victoria Regional Health Centre, Snow Valley Ski hills, shopping, dining, and everyday amenities.Whether you are looking to create a spacious single-family residence, accommodate extended family, generate rental income, or explore future development potential, this property presents endless possibilities in a prime location. (id:65958)

Subtype
Single Family
Structure
House
Community
Little Lake
Common interest
Freehold
Lot dimensions
69 x 330 FT
Bedrooms
5 above grade
Parking
14 total
Stories
2
On market
Apr 23, 2026
Status changed
Apr 23, 2026
Annual tax
$7,300 (2025)
Zoning
Cundles Rd E. to J.C. Massie Way to Little Lake Dr
Photos
37
MLS#
S13036046
Area
BARRIE_(LITTLE_LAKE)

Features and systems

Parking

Attached GarageGarage

Basement

Partially finishedFullSeparate entranceWalk-upN/AN/AN/A

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

WoodBrick

Foundation

Block

Lot

Wooded areaSloping

View

Lake view
Negative cash flow ~$1,041/mo at these assumptions

Cash on cash

-6.58%

Cap rate

3.55%

GRM

16.7

Break-even rent

$5,846

Financing

Down payment$190,000
Loan amount$760,000
Mortgage$3,851/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$435
Insurance$80
Maintenance$792
CapEx reserve$396
Vacancy loss$238

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,851/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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