$1,349,500 - 185 Dunlop Street Unit PH 3, Barrie
Condo for Sale in Barrie
58 days on market- MLS Number
- S13010158
- Property Type
- Condo
- Status
- active
- Days on Site
- 58
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Barrie
- Locker
- Owned
- Exposure
- South
- Balcony
- Enclosed
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Welcome to Penthouse 3 at Lakhouse, Barrie's premier lakefront luxury condominium on the shores of Lake Simcoe. This exceptional penthouse offers a rare blend of modern design, upgraded finishes, and breathtaking views for a truly elevated lifestyle. Step inside to discover soaring ceilings and a thoughtfully customized interior of almost 1300 square feet. The stunning kitchen has all upgraded appliances and an extended breakfast bar with a built in beverage fridge making it perfect for entertaining. The living room features a custom built shiplap wall with a six foot electric fireplace, and a built in bench for extra seating and storage. Oversized windows flood the entire space with natural light. The primary bedroom is a true retreat with a spacious double vanity ensuite and a custom closet that reaches almost to the ceiling with extra deep hanging spaces, shelves and drawers on both sides. Enjoy stunning, unobstructed views of Kempenfelt Bay year round on the large private balcony with a unique railing-to-roof glass enclosure that opens fully. Use the spacious den for a second bedroom, a guest room or a flexible work space. En-suite laundry has been upgraded to include full sized machines. Building amenities include: two rooftop terraces with BBQs, kitchens, fire features, and panoramic lake views. A beautifully appointed party room, with a bar, meeting space, caterers kitchen and and indoor lounge areas with terrace access. A full-service fitness studio with locker rooms, whirlpool, sauna, and steam room. Pet spa, guest suites, indoor storage for paddle boards, kayaks and bikes, and two floating docks for easy lake access. On-site bakery café and pharmacy for added convenience. 24-hour concierge and security for peace of mind. Storage locker located on the same level as the unit. Includes two indoor parking spaces. This is a rare opportunity to own a signature penthouse suite in one of Barrie's most desirable luxury residences.
Estimate your monthly payments for this property
Estimated Payment
$5,969.29/mo
5-yr fixed avg.
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.
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
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.
185 Dunlop Street Unit PH 3, Barrie
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1125/sqft, this property is priced in line with current Barrie market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 58 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 $5,623 (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.