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Neighbourhood in Barrie

Homes for rent in Little Lake

family-friendly suburban community-focused

Little Lake is a neighbourhood in Barrie, Ontario. It offers a mix of residential and condo options, making it appealing for various buyers and renters.

Median home price is $527,000 Median rent is $2,125 Diverse community with 18.5% immigrants Two schools available Four parks for outdoor activities

At a glance

Photo of Unit Lower, 71 Snowy Owl Crescent

Unit Lower, 71 Snowy Owl Crescent

Barrie (Little Lake)

For RentNew Listing
Listed for:

Listed 3 days ago

$1,500monthly
  • 1Bedroom
  • 1Bathroom
  • 0Garage
  • 1.1K~1.5KSq.Ft.

DetachedFor Rent

Photo of Unit 108, 56 Lakeside Terrace

Unit 108, 56 Lakeside Terrace

Barrie (Little Lake)

For Rent
Listed for:

Listed 7 days ago

$2,250monthly
  • 2+1Bedrooms
  • 2Bathrooms
  • 1Parking
  • 900~999Sq.Ft.

Condo ApartmentFor Rent

Photo of Unit 1011, 58 Lakeside Terrace

Unit 1011, 58 Lakeside Terrace

Barrie (Little Lake)

For Rent
Listed for:

Listed 8 days ago

$2,300monthly
  • 2Bedrooms
  • 2Bathrooms
  • 1Parking
  • 900~999Sq.Ft.

Condo ApartmentFor Rent

Photo of Unit 408, 56 Lakeside Terrace

Unit 408, 56 Lakeside Terrace

Barrie (Little Lake)

For Rent
Listed for:

Listed 9 days ago

$2,295monthly
  • 2Bedrooms
  • 2Bathrooms
  • 1Parking
  • 900~999Sq.Ft.

Condo ApartmentFor Rent

Photo of Unit 803, 56 Lakeside Terrace

Unit 803, 56 Lakeside Terrace

Barrie (Little Lake)

For Rent
Listed for:

Listed 9 days ago

$1,999monthly
  • 1+1Bedrooms
  • 1Bathroom
  • 1Parking
  • 500~599Sq.Ft.

Co-op ApartmentFor Rent

Photo of Unit Bsmt, 35 Forest Dale Drive

Unit Bsmt, 35 Forest Dale Drive

Barrie (Little Lake)

For Rent
Listed for:

Listed 14 days ago

$1,525monthly
  • 1Bedroom
  • 1Bathroom
  • 0Garage
  • 700~1.1KSq.Ft.

DetachedFor Rent

Day to dayLivability

5.5

Schools near listings

out of 10 · averaged over 526 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$527,000

24% below Barrie 25% below Ontario

In Little Lake

$527,000

In Barrie

$689,000

In Ontario

$704,900

Median monthly rent

$2,125/mo

11% below Barrie 15% below Ontario

In Little Lake

$2,125

In Barrie

$2,399

In Ontario

$2,500

≈ 20.7 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

20

Median $527,000

Houses 11 · Condos 9

For rent

13

Median $2,125

Condos 8 · Houses 5

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-28. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Affordable housing compared to city median
  • Family-friendly environment
  • Good school ratings
  • Strong community feel

Keep in mind

  • Limited grocery and gym options
  • Higher unemployment rate at 12.2%

The feel of the placeLifestyle

Residents enjoy a suburban lifestyle with access to parks and schools. Daily life is calm and family-oriented.

Great for first-time buyers families those seeking affordable housing

Within the boundaryWhat's nearby

The boundary

1.7 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

4

Parks

7

Playgrounds

7

Restaurants

2

Cafés

1

Pharmacies

Counted across all 1.7 km² of Little Lake. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

5.3/10

Average rating of the 1 rated school in this area

1

Elementary

1

Secondary

  • Monsignor Clair Separate School

    Catholic · Grades JK–8 · Simcoe Muskoka CDSB

    5.3/105.5 over 5 yrs

    2,037th of 3,045 Ontario elementary schools

    240 students · EQAO 2024-2025

  • Our Lady of Hope Catholic Continuing Education Catholic School

    Catholic · Grades 9–12 · Simcoe Muskoka CDSB

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Little Lake, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

2,902

Population (2021)

1.4 km²

Area

2,037

People per km²

42.6

Median age

$108,421

Median income

76%

Own their home

2.7

People per household

1,060

Households

Every age

  • Children (under 15)15.3%
  • Working age (15–64)68.0%
  • Seniors (65+)16.7%

What is built here

  • Detached houses74.2%
  • Townhouses6.6%
  • Duplexes10.8%
  • Low-rise apartments7%

Own or rent

76%Owners

25%Renters

Across 1,060 households

When it was built

Mostly 1991–2000

  • 1960 or earlier2%
  • 1961–19803%
  • 1981–19904%
  • 1991–200038%
  • 2001–200534%
  • 2006–20108%
  • 2011–20156%
  • 2016–20214%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

18.5%
Born outside Canada
29.8%
Hold a degree or higher
57.8%
Employment rate
2.9%
Commute by transit
89.5%
Commute by car
1.8
Children per family
$93,451
Median income after tax
$121,490
Average household income
5%
Living on a low income
$1,803/mo
Renters pay, per month
$1,654/mo
Owners pay, per month
$731,316
Median home value at census
33%
Renters spending 30%+ of income on housing
14.9%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 5 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap

HOMEH Market Pulse Through September 2026 Moderate sales history

What homes in Little Lake actually rent for

92 homes were leased in Little Lake over the 12 months to September 2026. Half leased above $2,113 and half below, 2.7% lower than the 12 months before. A typical home found its tenant in 31 days — 3 days slower than a year ago.

Median rent
$2,113
-2.7% year over year
Days to lease
31
3 days slower
Leases closed
92
last 12 months
Rent per square foot
$2.80/mo
from 91 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.

$2,615$2,302$1,990$1,678
Oct ’23Oct ’24Oct ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$2,995/mo

on a $3,000 asking rent — under ask by $5

−10%Asking rent+10%
Of the asking rent
99.8%
Leased over asking
6.5%

From 92 leases that closed here in the last 12 months.

Rent or buy in Little Lake

26.3 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$667,772

46 sales

Median rent

$2,113/mo

92 leases

Gross rental yield

3.8%

before costs

Both figures come from deals that actually closed in Little Lake over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually rents in Little Lake

A single median hides this: the mix of homes behind it, and what each kind costs.

92leases
  • Condo apartment$2,09472.8%
  • Other kinds, too few of each —27.2%

How fast it moves

Median days on market, month by month. Taller means slower.

Mar 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Little Lake, rentals
Monthly closed leases in Little Lake
MonthClosedMedianMiddle halfDays% of ask
Sep 20266$2,100$1,950 – $2,3813198.4%
Aug 20267$1,975$1,850 – $2,14016100.0%
Jul 20269$2,300$2,300 – $2,35045100.0%
Jun 20269$2,100$1,850 – $2,39549100.0%
May 202613$2,295$1,950 – $2,32525100.0%
Apr 20269$1,850$1,800 – $1,90035100.0%
Mar 20269$2,200$1,850 – $2,40013100.0%
Feb 20268$2,298$2,184 – $2,38118100.0%
Jan 20267$1,900$1,875 – $2,15043100.0%
Dec 20252 Not enough leases this month to report a median
Nov 20253 Not enough leases this month to report a median
Oct 202510$1,900$1,855 – $2,36328100.0%
Sep 20259$1,825$1,800 – $2,00021100.0%
Aug 20256$1,900$1,742 – $2,31330100.0%
Jul 202514$2,400$2,306 – $2,53836100.0%
Jun 20257$2,100$1,900 – $2,55031100.0%
May 20254 Not enough leases this month to report a median
Apr 20259$2,450$1,950 – $2,50033100.0%
Mar 20255$1,850$1,850 – $1,85020100.0%
Feb 20251 Not enough leases this month to report a median
Jan 20254 Not enough leases this month to report a median
Dec 20242 Not enough leases this month to report a median
Nov 20243 Not enough leases this month to report a median
Oct 20246$2,440$2,138 – $2,49511100.0%
Sep 20247$2,450$2,025 – $2,47519100.0%
Aug 202417$2,495$2,350 – $2,50032100.0%
Jul 202416$2,050$1,950 – $2,49631100.0%
Jun 202425$1,900$1,850 – $2,25066100.0%
May 202427$1,900$1,850 – $2,25049100.0%
Apr 202423$1,950$1,888 – $2,30035100.0%
Mar 20248$2,138$1,950 – $2,35029100.0%
Jan 20243 Not enough leases this month to report a median
Dec 20232 Not enough leases this month to report a median
Nov 20232 Not enough leases this month to report a median
Oct 20235$2,450$2,050 – $2,50012100.0%

10 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.

What people ask about Little Lake

How much does a home cost in Little Lake?

Homes in Little Lake sold for a median of $667,772 over the 12 months to September 2026, across 46 closed sales — half sold for more and half for less. That is 7.3% lower than the 12 months before it.

How long does it take to sell a home in Little Lake?

A home in Little Lake took a median of 51 days on the market over the 12 months to September 2026. Homes there closed at 96.5% of the asking price on average, with 6.5% selling over asking.

How much is rent in Little Lake?

The median lease in Little Lake closed at $2,113 a month over the 12 months to September 2026, across 92 leases.

Is it cheaper to rent or buy in Little Lake?

A home in Little Lake costs about 26.3 years of the rent on one — the median price of $667,772 against a median rent of $2,113 a month, a gross yield of 3.80%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Little Lake on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Condos in Little Lake

A condo here is its own market

15 condo apartments and 1 condo townhouse are on the market in Little Lake right now. Too few have closed here in the last year for us to publish a median we would stand behind.

Median condo rent
$2,094/mo
67 leases