150 Dunlop Street Unit 511, Barrie

Price: $395,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: S13151466

Top 5 Reasons You Will Love This Condo: 1) Ideally located condo in downtown Barrie situated directly across from Kempenfelt Bay, providing quick and easy access to an array of community amenities, including a sandy beach, waterfront trails, McLaren Art Centre, library, restaurants, and public transit just steps from your front door 2) Sun-drenched corner unit filled with natural light, offering picturesque views of Lake Simcoe and the city skyline, creating an open and airy atmosphere throughout 3) The sought-after Riviera model unfolds across 1,005 square feet, offering two bedrooms and two bathrooms; whether you're enjoying quiet mornings at home or hosting friends, the layout feels both welcoming and effortlessly livable 4) The open-concept kitchen was thoughtfully re-imagined in 2021 with refaced cabinetry, under-mount lighting, newer countertops, and an updated sink, creating a move-in-ready space 5) Additional conveniences include in-suite laundry, underground parking, a storage locker, and access to impressive building amenities, including an indoor pool, sauna, hot tub, exercise room, party room, and library/games room. 1,005 fin.sq.ft. *Please note that some images have been virtually staged to show the potential of the condo.

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$395,000 - 150 Dunlop Street Unit 511, Barrie

Condo for Sale in Barrie

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
S13151466
Property Type
Condo
Status
active
Days on Site
30
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Barrie
Locker
Exclusive
Exposure
East
Balcony
None
Listing Brokerage
FARIS TEAM REAL ESTATE BROKERAGE
Description

Top 5 Reasons You Will Love This Condo: 1) Ideally located condo in downtown Barrie situated directly across from Kempenfelt Bay, providing quick and easy access to an array of community amenities, including a sandy beach, waterfront trails, McLaren Art Centre, library, restaurants, and public transit just steps from your front door 2) Sun-drenched corner unit filled with natural light, offering picturesque views of Lake Simcoe and the city skyline, creating an open and airy atmosphere throughout 3) The sought-after Riviera model unfolds across 1,005 square feet, offering two bedrooms and two bathrooms; whether you're enjoying quiet mornings at home or hosting friends, the layout feels both welcoming and effortlessly livable 4) The open-concept kitchen was thoughtfully re-imagined in 2021 with refaced cabinetry, under-mount lighting, newer countertops, and an updated sink, creating a move-in-ready space 5) Additional conveniences include in-suite laundry, underground parking, a storage locker, and access to impressive building amenities, including an indoor pool, sauna, hot tub, exercise room, party room, and library/games room. 1,005 fin.sq.ft. *Please note that some images have been virtually staged to show the potential of the condo.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,026.55/mo

Includes CMHC insurance ($11,021)

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5-yr fixed avg.

Principal: $355,500Interest: $241,446
Mortgage Amount$366,521
Total Interest$241,446
Est. Property Tax$280/mo
Total Cost$607,966

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

150 Dunlop Street Unit 511, 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)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$280
Insurance (est.)-$82
Net Cash Flow+$1,348

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 $395/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.

Market Position

At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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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    150 Dunlop Street Unit 511, Barrie | $395,000 | Battaglia Team