$1,299,000 - 65 Ellen Street Unit 1502, Barrie
Condo for Sale in Barrie
43 days on market- MLS Number
- S13067240
- Property Type
- Condo
- Status
- active
- Days on Site
- 43
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Barrie
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- EXP REALTY
Soaring above Barrie's waterfront, this 2-bedroom + den penthouse at Marina Bay offers over 2,100 sq. ft. of fully renovated living space with million-dollar views from every major room. Floor-to-ceiling windows frame Lake Simcoe's beauty, while a spacious private balcony becomes your front-row seat to sunsets, fireworks, and the sparkling shoreline. Enjoy unbeatable views of Kempenfest, the Christmas Parade, the annual airshow, and live concerts right from home. The modern industrial design features exposed concrete accents, custom cabinetry, quartz counters, a large island with lots of storage, and premium fixtures throughout. An open-concept layout blends a stunning living area with a built in fireplace, built-in shelving, and custom bar-perfect for entertaining. Remote-controlled window coverings, designer lighting, and high-end finishes elevate every detail. The primary bedroom offers a spa-like ensuite with double sinks, stone accents, and a walk-in closet with custom organizers. The second bedroom is generously sized and features its own walk-in closet, while the separate office, with an attached 2-piece bath and stunning lake views, makes working from home a dream. Resort-style amenities include an indoor pool, hot tub, sauna, gym, party room, guest suite, two covered parking spaces, and locker. Just steps to downtown Barrie, the beach, marina, GO station, trails, and dining. This is more than a home..it's a lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$5,745.92/mo
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 1502, 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 $650/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 43 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.
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.
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 $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.