75 Ellen Street Unit 905, Barrie

Price: $299,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: S13168670

Check out this urban retreat in downtown Barrie with expansive city views. This one bedroom condo in 'The Regatta' offers a comforting lifestyle, just steps from Barrie's waterfront and downtown attractions. Across from Centennial Beach and the Marina, enjoy easy access to the Allandale GO Train, public transit, parks, and major highways. The Regatta features premium amenities including on-site management, gated entry, security cameras, an indoor pool, hot tub, sauna, exercise room, party room, library, and more. This bright unit has a large balcony with fabulous waterfront views. The kitchen is galley style with updated cabinets, double sink, white appliances and a passthrough bar-top for convenient dining. In-suite laundry with storage, a spacious walk-in closet that flows between the bedroom and bathroom. Convenient parking on Level 3 in the garage. The unit is currently vacant and furnished. The unit had been rented out fully furnished and all-inclusive as a premium executive rental. Furnishings can be included for the savvy investor to continue the executive rental model.

75 Ellen Street Unit 905 - Condo photo 1 of 13 in Barrie, Ontario
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$299,000 - 75 Ellen Street Unit 905, Barrie

Condo for Sale in Barrie

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
S13168670
Property Type
Condo
Status
active
Days on Site
25
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Barrie
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
SUTTON GROUP INCENTIVE REALTY INC.
Description

Check out this urban retreat in downtown Barrie with expansive city views. This one bedroom condo in 'The Regatta' offers a comforting lifestyle, just steps from Barrie's waterfront and downtown attractions. Across from Centennial Beach and the Marina, enjoy easy access to the Allandale GO Train, public transit, parks, and major highways. The Regatta features premium amenities including on-site management, gated entry, security cameras, an indoor pool, hot tub, sauna, exercise room, party room, library, and more. This bright unit has a large balcony with fabulous waterfront views. The kitchen is galley style with updated cabinets, double sink, white appliances and a passthrough bar-top for convenient dining. In-suite laundry with storage, a spacious walk-in closet that flows between the bedroom and bathroom. Convenient parking on Level 3 in the garage. The unit is currently vacant and furnished. The unit had been rented out fully furnished and all-inclusive as a premium executive rental. Furnishings can be included for the savvy investor to continue the executive rental model.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,534.02/mo

Includes CMHC insurance ($8,342)

$
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5-yr fixed avg.

Principal: $269,100Interest: $182,765
Mortgage Amount$277,442
Total Interest$182,765
Est. Property Tax$212/mo
Total Cost$460,207

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

75 Ellen Street Unit 905, 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)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$212
Insurance (est.)-$62
Net Cash Flow+$1,136

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 $498/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 25 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.

Efficient Living

At 600 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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    75 Ellen Street Unit 905, Barrie | $299,000 | Battaglia Team