111 Worsley Street Unit GPH1, Barrie

Price: $598,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: S13020398

Experience elevated lakeside living in this stunning Grand Penthouse overlooking Lake Simcoe and Kempenfelt Bay. This spacious 2-bedroom + den, 2-bathroom suite blends luxurious design with everyday comfort, offering unobstructed west-facing views and a lifestyle that's just steps from Barrie's vibrant downtown, waterfront trails, fine dining, and boutique shopping. Inside, the bright open-concept layout impresses with 10-foot ceilings and floor-to-ceiling windows dressed in custom blinds, filling the space with natural light. The great room flows seamlessly to a large south-facing terrace, perfect for entertaining or simply enjoying sunset views. The primary bedroom includes a private balcony and a beautifully upgraded three-piece ensuite with a walk-in shower, modern vanity, and fresh new fixtures. The modern kitchen features stainless steel Whirlpool appliances, neutral cabinetry, white quartz countertops, and a stylish backsplash, complete with a gas hookup and a water line to the fridge. Both bedrooms are generously sized, and the den adds versatility as a home office, guest area, or cozy lounge. Additional highlights include in-suite laundry with custom shelving, an extra-large storage locker, and ample closet space throughout. Utility costs for 2025 totaled just $490.89 for water and hydro, with heating and cooling provided by a highly efficient heat pump system. Enjoy the convenience of underground parking, bike storage, and high-quality building amenities, including a fitness center, party room, and a third-floor outdoor terrace with a BBQ area. Controlled entry with locked doors and a buzzer, and FOBs that control internal access by floor. Level 3 features a residents' gym, a party room with a lounge, and access to a large outdoor terrace with common gas BBQs and lake views. Affordable luxury, panoramic lake views, and a prime downtown address-this rare penthouse opportunity in Lakeview Condos is not to be missed.

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$598,900 - 111 Worsley Street Unit GPH1, Barrie

Condo for Sale in Barrie

60 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
S13020398
Property Type
Condo
Status
active
Days on Site
60
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Barrie
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
KELLER WILLIAMS EXPERIENCE REALTY
Description

Experience elevated lakeside living in this stunning Grand Penthouse overlooking Lake Simcoe and Kempenfelt Bay. This spacious 2-bedroom + den, 2-bathroom suite blends luxurious design with everyday comfort, offering unobstructed west-facing views and a lifestyle that's just steps from Barrie's vibrant downtown, waterfront trails, fine dining, and boutique shopping. Inside, the bright open-concept layout impresses with 10-foot ceilings and floor-to-ceiling windows dressed in custom blinds, filling the space with natural light. The great room flows seamlessly to a large south-facing terrace, perfect for entertaining or simply enjoying sunset views. The primary bedroom includes a private balcony and a beautifully upgraded three-piece ensuite with a walk-in shower, modern vanity, and fresh new fixtures. The modern kitchen features stainless steel Whirlpool appliances, neutral cabinetry, white quartz countertops, and a stylish backsplash, complete with a gas hookup and a water line to the fridge. Both bedrooms are generously sized, and the den adds versatility as a home office, guest area, or cozy lounge. Additional highlights include in-suite laundry with custom shelving, an extra-large storage locker, and ample closet space throughout. Utility costs for 2025 totaled just $490.89 for water and hydro, with heating and cooling provided by a highly efficient heat pump system. Enjoy the convenience of underground parking, bike storage, and high-quality building amenities, including a fitness center, party room, and a third-floor outdoor terrace with a BBQ area. Controlled entry with locked doors and a buzzer, and FOBs that control internal access by floor. Level 3 features a residents' gym, a party room with a lounge, and access to a large outdoor terrace with common gas BBQs and lake views. Affordable luxury, panoramic lake views, and a prime downtown address-this rare penthouse opportunity in Lakeview Condos is not to be missed.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,072.67/mo

Includes CMHC insurance ($16,709)

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5-yr fixed avg.

Principal: $539,010Interest: $366,081
Mortgage Amount$555,719
Total Interest$366,081
Est. Property Tax$424/mo
Total Cost$921,800

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Barrie

Discover Barrie

Barrie is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Barrie

  • Convenient location in Barrie
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Barrie offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

111 Worsley Street Unit GPH1, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,161

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $599/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 60 days on site, this property has exceeded the typical selling timeline for Barrie. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Investment Perspective

Looking at this as an investment: Barrie properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,495 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    111 Worsley Street Unit GPH1, Barrie | $598,900 | Battaglia Team