$585,000 - 65 Ellen Street Unit 1208, Barrie
Condo for Sale in Barrie
95 days on market- MLS Number
- S12888060
- Property Type
- Condo
- Status
- active
- Days on Site
- 95
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Barrie
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Completely renovated 1155 sq foot condo in Marina Bay Condominiums. All new electrical, plumbing, lighting, floors, baseboards, and appliances with transferable warranty. This sun-filled 2 bedroom + solarium, 2 bathroom southwest corner unit has stunning views of Kempenfelt Bay from both bedrooms and solarium as well as a rare sunset view from the balcony and the main living space. The modern galley kitchen features high-end stainless steel appliances, tiled backsplash, double sinks, porcelain tile, and barn doors into the solarium. Very unique seamless extension of the kitchen that offers an unparalleled amount of extra storage, counter space and bar fridge. The crown moulding with lighting feature, pot and track lighting & stone feature walls throughout the unit are just a few of the additions that gives this suite that extra flair. The spacious master bedroom features an extra-large double closet and renovated ensuite bathroom with a walk-in shower, multi-function shower panel and a large vanity with plenty of storage. Added features include; in-suite laundry room with front loading washer & dryer and underground parking. Unmatched amenities at the Commodore Club include a fitness centre, hot tub, sauna, indoor pool and party room. Guest suite available for your out of town guest. Look no further this beautiful waterfront property has it all. Amazing downtown location within walking distance of the beach, waterfront, marina, restaurants, bars, stores and more.
Estimate your monthly payments for this property
Estimated Payment
$3,001.35/mo
Includes CMHC insurance ($16,322)
5-yr fixed avg.
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.
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
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.
65 Ellen Street Unit 1208, Barrie
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $585/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 95 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.
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 $2,438 (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.