2 Toronto Street Unit 1409, Barrie

Price: $1,150,000

2 bedrooms, 2 bathrooms

1,600 sqft

Property Type: Condo

MLS#: S12833116

Top 5 Reasons You Will Love This Condo: 1) Enjoy breathtaking waterfront and sunset views over Kempenfelt Bay from the private balcony, offering a serene and picturesque backdrop for everyday enjoyment 2) Beautifully upgraded kitchen featuring elegant quartz counters, top-of-the-line Italian appliances, a stunning backsplash and an open-concept layout creating a seamless connection to the living and dining room 3) Luxurious primary suite professionally designed with a custom dresser and built-ins, a walk-in closet, new drapery, and wallpaper for an inviting retreat 4) High-end 5-piece ensuite with a custom bathtub, walk-in shower, and a double quartz vanity for added luxury and convenience, creating a spa-like retreat within your own home 5) Recognized as one of Barrie's premier condo residences, this building features underground parking, a private locker, and exceptional amenities, including a pool, hot tub, fitness centre, games room, and a welcoming community with organized activities to enjoy with kind neighbours. 1,642 above grade sq.ft.

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$1,150,000 - 2 Toronto Street Unit 1409, Barrie

Condo for Sale in Barrie

103 days on market
2Beds
2Baths
1,600Sq Ft
Condo
Property Details
MLS Number
S12833116
Property Type
Condo
Status
active
Days on Site
103
Bedrooms
2
Bathrooms
2
Square Feet
1,600 sqft
Neighbourhood
Barrie
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
FARIS TEAM REAL ESTATE BROKERAGE
Description

Top 5 Reasons You Will Love This Condo: 1) Enjoy breathtaking waterfront and sunset views over Kempenfelt Bay from the private balcony, offering a serene and picturesque backdrop for everyday enjoyment 2) Beautifully upgraded kitchen featuring elegant quartz counters, top-of-the-line Italian appliances, a stunning backsplash and an open-concept layout creating a seamless connection to the living and dining room 3) Luxurious primary suite professionally designed with a custom dresser and built-ins, a walk-in closet, new drapery, and wallpaper for an inviting retreat 4) High-end 5-piece ensuite with a custom bathtub, walk-in shower, and a double quartz vanity for added luxury and convenience, creating a spa-like retreat within your own home 5) Recognized as one of Barrie's premier condo residences, this building features underground parking, a private locker, and exceptional amenities, including a pool, hot tub, fitness centre, games room, and a welcoming community with organized activities to enjoy with kind neighbours. 1,642 above grade sq.ft.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,086.84/mo

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5-yr fixed avg.

Principal: $920,000Interest: $606,051
Mortgage Amount$920,000
Total Interest$606,051
Est. Property Tax$815/mo
Total Cost$1,526,051

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

2 Toronto Street Unit 1409, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,840/mo
Range: $2,414 - $3,266
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,840
Maintenance Fees-$1,040
Property Tax (est.)-$815
Insurance (est.)-$240
Net Cash Flow+$745

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 $719/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 103 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 $4,792 (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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