$559,000 - 10 Culinary Lane Unit 502, Barrie
Condo for Sale in Barrie
Neighbourhood: Rural Barrie Southeast
- MLS Number
- S13631716
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Barrie
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Spacious. Stylish. Exceptionally Functional. Welcome to Chili One, where contemporary design meets everyday convenience. Offering an impressive 1,267 sq. ft., this beautifully upgraded end unit 3-bedroom, 2-bathroom condo is one of the larger floor plans available, complete with the rare bonus of 2 owned parking spaces and a private locker. Designed for modern living, the bright open-concept layout is filled with natural light and showcases quality finishes throughout. At the heart of the home is the stunning chef-inspired kitchen featuring quartz countertops, stainless steel appliances, a stylish backsplash, pot lights, and an oversized centre island that seamlessly connects the kitchen, breakfast, and living areas, making it the perfect space to entertain or enjoy everyday family life.The spacious living room walks out to a private balcony, while the thoughtfully designed layout offers excellent separation between living and sleeping areas. The generous primary suite features a walk-in closet and a private ensuite, while two additional bedrooms provide flexibility for a growing family, guests, or a dedicated home office. Beyond your front door, enjoy a lifestyle that goes well beyond the ordinary. Residents have access to outstanding amenities, including a fully equipped fitness centre, community kitchen, basketball court, party room and welcoming social spaces designed to bring neighbours together. Perfectly situated in South Barrie, you're just minutes from Highway 400, Barrie South GO Station, shopping, restaurants, parks, schools, and everyday conveniences, making commuting and daily errands effortless.Finding a true 3-bedroom condo with 1,267 sq. ft., premium upgrades, 2 owned parking spaces, and a locker is a rare opportunity. Whether you're upsizing, downsizing, or investing, this home offers the perfect blend of space, style, and long-term value.
Estimate your monthly payments for this property
Estimated Payment
$2,867.96/mo
Includes CMHC insurance ($15,596)
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 Rural Barrie Southeast
Rural Barrie Southeast 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 Rural Barrie Southeast
- •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
Rural Barrie Southeast 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.
10 Culinary Lane 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 $466/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 20 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.
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.
About Rural Barrie Southeast
I know Rural Barrie Southeast well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $2,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.