720 Yonge Street Unit 306, Barrie

Price: $429,000

1 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: S12906892

Welcome to this spacious, bright, and beautifully maintained 1-bedroom, 1 bathroom condo at the highly desirable Yonge Station community in South Barrie. Upgraded throughout with an open-concept layout. The kitchen features tile backsplash, white appliance package, quartz counters, pot drawers, and an undermount sink, seamlessly overlooks the generous living area and separate dining area - perfect for entertaining. California Shutters package throughout, Engineered laminate flooring, upgraded lighting, Crown moulding, custom doors to laundry area and bedroom. $30,000 in upgrades. The large primary bedroom offers a comfortable retreat. Spacious bathroom provides for a custom walk-in shower, nice sized vanity, upgraded toilet, laundry and storage. Convenient location just steps to the GO Station, making commuting a breeze, and close to excellent schools, shopping, parks, and everyday amenities. Enjoy your private balcony, barbecue's are permitted, large enough for comfortable patio furniture set, pet friendly building, underground parking, and a dedicated locker for extra storage. Common exercise facility/gym exclusive to the residents. Lots of visitor parking, quiet, friendly complex with secure entry and elevator. Quick access to Highway 400, Barrie's lovely waterfront and just minutes to Innisfil, and Friday Harbour resort. An excellent opportunity for first-time buyers, downsizers, or investors.

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$429,000 - 720 Yonge Street Unit 306, Barrie

Condo for Sale in Barrie

90 days on market
1Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
S12906892
Property Type
Condo
Status
active
Days on Site
90
Bedrooms
1
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Barrie
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX HALLMARK CHAY REALTY
Description

Welcome to this spacious, bright, and beautifully maintained 1-bedroom, 1 bathroom condo at the highly desirable Yonge Station community in South Barrie. Upgraded throughout with an open-concept layout. The kitchen features tile backsplash, white appliance package, quartz counters, pot drawers, and an undermount sink, seamlessly overlooks the generous living area and separate dining area - perfect for entertaining. California Shutters package throughout, Engineered laminate flooring, upgraded lighting, Crown moulding, custom doors to laundry area and bedroom. $30,000 in upgrades. The large primary bedroom offers a comfortable retreat. Spacious bathroom provides for a custom walk-in shower, nice sized vanity, upgraded toilet, laundry and storage. Convenient location just steps to the GO Station, making commuting a breeze, and close to excellent schools, shopping, parks, and everyday amenities. Enjoy your private balcony, barbecue's are permitted, large enough for comfortable patio furniture set, pet friendly building, underground parking, and a dedicated locker for extra storage. Common exercise facility/gym exclusive to the residents. Lots of visitor parking, quiet, friendly complex with secure entry and elevator. Quick access to Highway 400, Barrie's lovely waterfront and just minutes to Innisfil, and Friday Harbour resort. An excellent opportunity for first-time buyers, downsizers, or investors.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,200.99/mo

Includes CMHC insurance ($11,969)

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5-yr fixed avg.

Principal: $386,100Interest: $262,229
Mortgage Amount$398,069
Total Interest$262,229
Est. Property Tax$304/mo
Total Cost$660,298

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

720 Yonge Street Unit 306, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$520
Property Tax (est.)-$304
Insurance (est.)-$89
Net Cash Flow+$887

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 $536/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 90 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 800 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.

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    720 Yonge Street Unit 306, Barrie | $429,000 | Battaglia Team