$725,000 - 2 Toronto Street Unit 1205, Barrie
Condo for Sale in Barrie
47 days on market- MLS Number
- S13049244
- Property Type
- Condo
- Status
- active
- Days on Site
- 47
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Barrie
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK CHAY REALTY
Barrie Condo Corner presents an incredible opportunity at the coveted Grand Harbour Condominiums, right on Barrie's waterfront. This bright and spacious 1342 square foot, 2-bedroom plus den suite is move-in ready and has been thoughtfully upgraded for modern living. The refreshed kitchen features stainless steel appliances, tiled backsplash, new counters, and a deep double sink with a new faucet, setting the tone for style and functionality. A sparkling new dining room chandelier, updated vanities, and engineered hardwood floors add elegance and comfort throughout the home. Sunlight floods the unit, which features wrap-around west, north and east views through the large windows giving it a nice open and airy feel. The rare natural gas fireplace is a beautiful attribute in this unit making it a cozy focal point. Step out onto the private balcony and take in the stunning views of Kempenfelt Bay, Barrie Marina and downtown Barrie. The spacious primary bedroom is a peaceful retreat featuring a walk-in closet with built-in organizers and an ensuite bathroom that features a jetted tub and a separate tiled shower. In-suite laundry, one owned underground parking space, and a storage locker complete this unit. Residents enjoy resort-style amenities including an indoor pool, hot tub, sauna, exercise room, party room, and games room. All of this is just steps from waterfront trails, downtown Barrie, and everything the city has to offer. This is more than a condo. It is a waterfront lifestyle, combining comfort, style, and the best of Barrie living.
Estimate your monthly payments for this property
Estimated Payment
$3,719.63/mo
Includes CMHC insurance ($20,228)
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.
2 Toronto Street Unit 1205, 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
Competitive Pricing
At $604/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 47 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,021 (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.