49 Jacobs Terrace Unit 114, Barrie

Price: $339,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: S13171084

Exclusive Jacobs Terrace! Bright, spacious, and rarely offered-this sun-filled 1,000 sq ft ground-floor corner unit lets you skip the hallways and step right outside your front door. Enjoy your own covered patio, perfect for summer BBQs, in this desirable 2-bedroom, 2-bath suite. Ideally located within walking distance to Barrie's waterfront, beaches, downtown, and the GO Station, this home blends convenience with comfort. The large kitchen features ample cabinetry with pull-out drawers and plenty of counter space, flowing seamlessly into the open-concept living and dining area-perfect for entertaining. Both bedrooms are generously sized (king-bed friendly), and the unit is loaded with upgrades including California shutters, upgraded fixtures, knockdown ceilings, and carpet-free living throughout. Additional highlights include a 5'x5' personal locker, owned parking spot (#22), and the option for a second parking space for just $25/month. Set in a quiet, boutique building with only 24 units-this rare ground-floor corner unit is a true standout.Condo fees include cable TV, Insurance, Use of the party/gathering room and Rogers Xfinity internet.

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$339,900 - 49 Jacobs Terrace Unit 114, Barrie

Condo for Sale in Barrie

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
S13171084
Property Type
Condo
Status
active
Days on Site
24
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Barrie
Locker
Owned
Exposure
East
Balcony
Terrace
Listing Brokerage
CENTURY 21 B.J. ROTH REALTY LTD.
Description

Exclusive Jacobs Terrace! Bright, spacious, and rarely offered-this sun-filled 1,000 sq ft ground-floor corner unit lets you skip the hallways and step right outside your front door. Enjoy your own covered patio, perfect for summer BBQs, in this desirable 2-bedroom, 2-bath suite. Ideally located within walking distance to Barrie's waterfront, beaches, downtown, and the GO Station, this home blends convenience with comfort. The large kitchen features ample cabinetry with pull-out drawers and plenty of counter space, flowing seamlessly into the open-concept living and dining area-perfect for entertaining. Both bedrooms are generously sized (king-bed friendly), and the unit is loaded with upgrades including California shutters, upgraded fixtures, knockdown ceilings, and carpet-free living throughout. Additional highlights include a 5'x5' personal locker, owned parking spot (#22), and the option for a second parking space for just $25/month. Set in a quiet, boutique building with only 24 units-this rare ground-floor corner unit is a true standout.Condo fees include cable TV, Insurance, Use of the party/gathering room and Rogers Xfinity internet.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,743.86/mo

Includes CMHC insurance ($9,483)

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5-yr fixed avg.

Principal: $305,910Interest: $207,766
Mortgage Amount$315,393
Total Interest$207,766
Est. Property Tax$241/mo
Total Cost$523,159

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

49 Jacobs Terrace Unit 114, 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)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$241
Insurance (est.)-$71
Net Cash Flow+$1,398

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 $340/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.

Market Position

At 24 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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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    49 Jacobs Terrace Unit 114, Barrie | $339,900 | Battaglia Team