37 Ellen Street Unit PH06, Barrie

Price: $1,399,000

2 bedrooms, 3 bathrooms

1,800 sqft

Property Type: Condo

MLS#: S12955464

This Luxury Penthouse Has Your All Want! Experience breathtaking panoramic views of Lake Simcoe from this stunning 1,864 sqt penthouse featuring two well appointed bedrooms and two bathrooms. Enjoy an abundance of natural light throughout the space. Ideal for watching events like New Year's fireworks and Air show from your private balcony. Mins Away From The Beach And park. Great Amenities Include Indoor Pool, Hot Tub, Sauna, Gym, Games Room, Party Room Etc. Two parking and one locker included.

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$1,399,000 - 37 Ellen Street Unit PH06, Barrie

Condo for Sale in Barrie

71 days on market
2Beds
3Baths
1,800Sq Ft
Condo
Property Details
MLS Number
S12955464
Property Type
Condo
Status
active
Days on Site
71
Bedrooms
2
Bathrooms
3
Square Feet
1,800 sqft
Neighbourhood
Barrie
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

This Luxury Penthouse Has Your All Want! Experience breathtaking panoramic views of Lake Simcoe from this stunning 1,864 sqt penthouse featuring two well appointed bedrooms and two bathrooms. Enjoy an abundance of natural light throughout the space. Ideal for watching events like New Year's fireworks and Air show from your private balcony. Mins Away From The Beach And park. Great Amenities Include Indoor Pool, Hot Tub, Sauna, Gym, Games Room, Party Room Etc. Two parking and one locker included.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,188.25/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $1,119,200Interest: $737,275
Mortgage Amount$1,119,200
Total Interest$737,275
Est. Property Tax$991/mo
Total Cost$1,856,475

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

37 Ellen Street Unit PH06, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,000/mo
Range: $2,550 - $3,450
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,000
Maintenance Fees-$1,170
Property Tax (est.)-$991
Insurance (est.)-$291
Net Cash Flow+$548

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 $777/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 71 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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $5,829 (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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    MLS# S12955464 — 37 Ellen Street Unit PH06, Ba… | Battaglia Team