5 Chef Lane Unit 406, Barrie

Price: $459,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: S13175476

Backing onto peaceful greenspace with beautiful forest views, trails, a park, and gazebo just behind the building, this stunning condo in Barrie's sought-after Bistro 6 community offers the perfect blend of modern living and nature. Welcome to 5 Chef Lane, Unit 406 - a bright and spacious 2-bedroom, 2-bathroom suite with over 1,000 sq ft of thoughtfully designed living space, all within walking distance to the Barrie South GO Station and quick Highway 400 access Step inside to an open-concept layout featuring a modern kitchen complete with quartz countertops, stainless steel appliances, and a large island perfect for entertaining. The airy living room walks out to a private balcony overlooking the trees, creating a peaceful space to relax and unwind. The spacious primary suite offers a large walk-in closet, while the well-sized second bedroom provides flexibility for guests, family, or a home office Residents of Bistro 6 enjoy incredible amenities including a gym, yoga studio, basketball court, and outdoor kitchen with pizza oven. A fantastic opportunity to enjoy stylish, low-maintenance living in one of Barrie's most desirable condo communities. **EXTRAS: NEW Washer&Dryer, ALL New Light Fixtures, Ensuite in Primary Bedroom, Walk In Closet with Built In Shelving in Primary, Built In Organizer in Second Bedroom, South Facing Unit Backing onto EP**

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$459,900 - 5 Chef Lane Unit 406, Barrie

Condo for Sale in Barrie

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
S13175476
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Barrie
Locker
None
Exposure
North
Balcony
Enclosed
Listing Brokerage
RE/MAX HALLMARK CHAY REALTY
Description

Backing onto peaceful greenspace with beautiful forest views, trails, a park, and gazebo just behind the building, this stunning condo in Barrie's sought-after Bistro 6 community offers the perfect blend of modern living and nature. Welcome to 5 Chef Lane, Unit 406 - a bright and spacious 2-bedroom, 2-bathroom suite with over 1,000 sq ft of thoughtfully designed living space, all within walking distance to the Barrie South GO Station and quick Highway 400 access Step inside to an open-concept layout featuring a modern kitchen complete with quartz countertops, stainless steel appliances, and a large island perfect for entertaining. The airy living room walks out to a private balcony overlooking the trees, creating a peaceful space to relax and unwind. The spacious primary suite offers a large walk-in closet, while the well-sized second bedroom provides flexibility for guests, family, or a home office Residents of Bistro 6 enjoy incredible amenities including a gym, yoga studio, basketball court, and outdoor kitchen with pizza oven. A fantastic opportunity to enjoy stylish, low-maintenance living in one of Barrie's most desirable condo communities. **EXTRAS: NEW Washer&Dryer, ALL New Light Fixtures, Ensuite in Primary Bedroom, Walk In Closet with Built In Shelving in Primary, Built In Organizer in Second Bedroom, South Facing Unit Backing onto EP**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,359.53/mo

Includes CMHC insurance ($12,831)

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5%10%50%

5-yr fixed avg.

Principal: $413,910Interest: $281,116
Mortgage Amount$426,741
Total Interest$281,116
Est. Property Tax$326/mo
Total Cost$707,858

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

5 Chef Lane Unit 406, 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)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$326
Insurance (est.)-$96
Net Cash Flow+$1,288

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 $460/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 21 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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    5 Chef Lane Unit 406, Barrie | $459,900 | Battaglia Team