8 Culinary Lane Unit 606, Barrie

Price: $535,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: S12742502

Spacious 2-bedroom, 2-bathroom condo with spacious den. This residence offers the rare combination of modern luxury and unbeatable convenience. The thoughtfully designed layout features a primary suite with private ensuite and spacious walk-in closet-your personal retreat after a long day. The open-concept living area showcases sleek laminate flooring and a statement kitchen island with room for casual dining and entertaining. Enjoy the convenience of in-suite laundry, contemporary stainless steel appliances including dishwasher, and a balcony with gas BBQ hookup for year-round grilling. Commuters will love the short walk to Barrie South GO Station, making Toronto easily accessible. Daily essentials are minutes away at Park Place and Costco, while Highway 400 access ensures you're connected to everywhere that matters. Take advantage of resort-style amenities including a fully-equipped fitness center, Spice Library, Basketball Court, Yoga Retreat, Outdoor Kitchen, Ontario's first Kitchen Library and entertaining space for gatherings. Step outside to scenic walking trails that bring nature to your doorstep. This is more than a rental-it's a lifestyle upgrade in one of Barrie's most connected communities.

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$535,000 - 8 Culinary Lane Unit 606, Barrie

Condo for Sale in Barrie

108 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
S12742502
Property Type
Condo
Status
active
Days on Site
108
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Barrie
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Spacious 2-bedroom, 2-bathroom condo with spacious den. This residence offers the rare combination of modern luxury and unbeatable convenience. The thoughtfully designed layout features a primary suite with private ensuite and spacious walk-in closet-your personal retreat after a long day. The open-concept living area showcases sleek laminate flooring and a statement kitchen island with room for casual dining and entertaining. Enjoy the convenience of in-suite laundry, contemporary stainless steel appliances including dishwasher, and a balcony with gas BBQ hookup for year-round grilling. Commuters will love the short walk to Barrie South GO Station, making Toronto easily accessible. Daily essentials are minutes away at Park Place and Costco, while Highway 400 access ensures you're connected to everywhere that matters. Take advantage of resort-style amenities including a fully-equipped fitness center, Spice Library, Basketball Court, Yoga Retreat, Outdoor Kitchen, Ontario's first Kitchen Library and entertaining space for gatherings. Step outside to scenic walking trails that bring nature to your doorstep. This is more than a rental-it's a lifestyle upgrade in one of Barrie's most connected communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,744.83/mo

Includes CMHC insurance ($14,927)

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5-yr fixed avg.

Principal: $481,500Interest: $327,022
Mortgage Amount$496,427
Total Interest$327,022
Est. Property Tax$379/mo
Total Cost$823,448

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

8 Culinary Lane Unit 606, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$379
Insurance (est.)-$111
Net Cash Flow+$1,620

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 $535/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 108 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 $2,229 (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.

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    8 Culinary Lane Unit 606, Barrie | $535,000 | Battaglia Team