$399,000 - 65 Ellen Street Unit 502, Barrie
Condo for Sale in Barrie
72 days on market- MLS Number
- S12974058
- Property Type
- Condo
- Status
- active
- Days on Site
- 72
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Barrie
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK CHAY REALTY
Welcome to waterfront living at its finest in the sought-after Marina Bay community in Barrie. Rare private storage locker included with this spacious 1-bedroom suite offering breathtaking views over Kempenfelt Bay. Floor-to-ceiling windows fill the open-concept living and dining area with natural light while showcasing panoramic water views. The generous layout offers flexibility for entertaining or relaxing, with a seamless walk-out to your private balcony where you can enjoy morning sunrises, park scenery, and the tranquil waterfront setting. The kitchen features abundant cabinetry and counter space, ideal for everyday living or hosting guests. The spacious primary bedroom includes a large walk-in closet, providing both comfort and functionality. Additional highlights include underground parking and access to exceptional building amenities such as an indoor pool, sauna, hot tub, fitness room, party room, and games room. Step outside and enjoy your moments from waterfront walking trails, parks, and vibrant local attractions - truly a lifestyle location. This pet-friendly building also offers a welcoming community atmosphere with plenty of social activities to enjoy. Whether you're a first-time buyer, downsizer, or investor, this is a rare opportunity to own a waterfront suite with incredible views, valuable storage, and resort-style amenities in one of Barrie's most desirable locations. Steps to the Go Train, public transit, shopping, and minutes to Hwy 400.
Estimate your monthly payments for this property
Estimated Payment
$2,047.08/mo
Includes CMHC insurance ($11,132)
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 502, 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 $570/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 72 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.