21 Kempenfelt Drive Unit 103, Barrie

Price: $759,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: S12762166

Welcome to Portage Place at 21 Kempenfelt Drive, a rarely available and highly sought-after condominium building located directly on the shores of Kempenfelt Bay. Opportunities to own at this waterfront address are few, making this an exceptional offering for those seeking space, views, and an unbeatable location. Suite 103 offers a generous 1,190sf layout featuring one bedroom, a large den, a full 4-piece bathroom, and a convenient 2-piece powder room. The suite features a functional kitchen and expansive living and dining areas, all flooded with sunrise-to-sunset natural light from south-facing picture windows that frame the shimmering waters of Kempenfelt Bay. Access your private balcony from the living room, den, or bedroom, and enjoy the ideal setting for morning coffee, relaxed evenings, or entertaining.Residents enjoy well-maintained common spaces, including a community room and multiple outdoor terraces designed for socializing, reading, or simply enjoying the waterfront surroundings. Positioned just steps from Barrie's waterfront and a short walk to downtown shops, dining, services, and year-round events, this location offers outstanding walkability and lifestyle convenience. Easy highway access allows for seamless travel north to Cottage Country or south to the GTA. Two underground parking spaces and two storage lockers complete this exceptional offering. A rare opportunity to own in one of Barrie's most desirable waterfront buildings, right on Kempenfelt Bay.

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$759,900 - 21 Kempenfelt Drive Unit 103, Barrie

Condo for Sale in Barrie

102 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
S12762166
Property Type
Condo
Status
active
Days on Site
102
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Barrie
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX HALLMARK CHAY REALTY
Description

Welcome to Portage Place at 21 Kempenfelt Drive, a rarely available and highly sought-after condominium building located directly on the shores of Kempenfelt Bay. Opportunities to own at this waterfront address are few, making this an exceptional offering for those seeking space, views, and an unbeatable location. Suite 103 offers a generous 1,190sf layout featuring one bedroom, a large den, a full 4-piece bathroom, and a convenient 2-piece powder room. The suite features a functional kitchen and expansive living and dining areas, all flooded with sunrise-to-sunset natural light from south-facing picture windows that frame the shimmering waters of Kempenfelt Bay. Access your private balcony from the living room, den, or bedroom, and enjoy the ideal setting for morning coffee, relaxed evenings, or entertaining.Residents enjoy well-maintained common spaces, including a community room and multiple outdoor terraces designed for socializing, reading, or simply enjoying the waterfront surroundings. Positioned just steps from Barrie's waterfront and a short walk to downtown shops, dining, services, and year-round events, this location offers outstanding walkability and lifestyle convenience. Easy highway access allows for seamless travel north to Cottage Country or south to the GTA. Two underground parking spaces and two storage lockers complete this exceptional offering. A rare opportunity to own in one of Barrie's most desirable waterfront buildings, right on Kempenfelt Bay.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,898.68/mo

Includes CMHC insurance ($21,201)

$
$
5%10%50%

5-yr fixed avg.

Principal: $683,910Interest: $464,493
Mortgage Amount$705,111
Total Interest$464,493
Est. Property Tax$538/mo
Total Cost$1,169,604

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

21 Kempenfelt Drive Unit 103, 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)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$538
Insurance (est.)-$158
Net Cash Flow+$1,014

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 $760/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 102 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 $3,166 (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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    21 Kempenfelt Drive Unit 103, B… — $759,900 | Battaglia Team