502 ESSA Road Unit 16, Barrie

Price: $499,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: S13038690

Attention First-Time Buyers, Military Moves & Downsizers - ""This home can be purchased furnished "" quick closing possible This One's For You! From the moment you step inside this modern, bright, and freshly painted townhome, you'll feel right at home. The stunning kitchen is sure to impress with its granite countertops, centre island, and stainless steel appliances - a true wow factor that sets the tone for the rest of this beautifully maintained home. The kitchen flows seamlessly into the dining room, which opens through sliding doors to your private balcony - the perfect spot to fire up the BBQ and enjoy warm evenings outdoors. The dining room leads into a spacious living room complete with a cozy electric fireplace, making it the ideal place to relax and unwind. Upstairs, you'll find three generously sized bedrooms, including a primary suite with two closets. All bedrooms feature laminate flooring, bright windows, and ample closet space. The main bathroom offers a luxurious jetted tub for those days when you just need to decompress. A dedicated laundry room with stackable washer and dryer, laundry tub, and extra storage rounds out the main level beautifully. All appliances are included - just move in and enjoy! Your condo fees cover internet, cable, water, building insurance, common elements, snow removal, grass cutting, garbage disposal, and one parking spot - making this an exceptional value with true peace-of-mind living. Ideally located just minutes from Hwy 400, shopping, restaurants, and Barrie's beautiful waterfront, this home truly has it all. Don't miss your opportunity - homes like this don't last long!

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$499,900 - 502 ESSA Road Unit 16, Barrie

Condo for Sale in Barrie

54 days on market
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
S13038690
Property Type
Condo
Status
active
Days on Site
54
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Barrie
Locker
Ensuite
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX Hallmark York Group Realty Ltd.
Description

Attention First-Time Buyers, Military Moves & Downsizers - ""This home can be purchased furnished "" quick closing possible This One's For You! From the moment you step inside this modern, bright, and freshly painted townhome, you'll feel right at home. The stunning kitchen is sure to impress with its granite countertops, centre island, and stainless steel appliances - a true wow factor that sets the tone for the rest of this beautifully maintained home. The kitchen flows seamlessly into the dining room, which opens through sliding doors to your private balcony - the perfect spot to fire up the BBQ and enjoy warm evenings outdoors. The dining room leads into a spacious living room complete with a cozy electric fireplace, making it the ideal place to relax and unwind. Upstairs, you'll find three generously sized bedrooms, including a primary suite with two closets. All bedrooms feature laminate flooring, bright windows, and ample closet space. The main bathroom offers a luxurious jetted tub for those days when you just need to decompress. A dedicated laundry room with stackable washer and dryer, laundry tub, and extra storage rounds out the main level beautifully. All appliances are included - just move in and enjoy! Your condo fees cover internet, cable, water, building insurance, common elements, snow removal, grass cutting, garbage disposal, and one parking spot - making this an exceptional value with true peace-of-mind living. Ideally located just minutes from Hwy 400, shopping, restaurants, and Barrie's beautiful waterfront, this home truly has it all. Don't miss your opportunity - homes like this don't last long!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

$
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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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

502 ESSA Road Unit 16, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,682

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 $417/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 54 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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    502 ESSA Road Unit 16, Barrie | $499,900 | Battaglia Team