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Listed 8 days ago

502 - 65 Ellen Street

City Centre, Barrie

$389,900

Condo Apartment |
1 | 1 | 1 | 1
About this home

Welcome to waterfront living at its finest in the sought-after Marina Bay community in Barrie. Coveted 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 you're 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. Quick closing available, some furnishing are negotiable. Fantastic Value!

Extras

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size700-799 sq. ft.
Maintenance Fees$770
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesPrivate
Property Tax$3,049
mls© NumberS13628158
Listed ByRE/MAX HALLMARK CHAY REALTY
Water Included
Common Elements Included
Parking Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,996
Property tax
$254
Heat allowance
$150
Condo fees, half counted
$385
Housing costs
$2,785 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $77,980
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,641 / mo
Cash down
$77,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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