$519,000 - 10 Culinary Lane Unit 602, Barrie
Condo for Sale in Barrie
Neighbourhood: Rural Barrie Southeast
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- MLS Number
- S13723322
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Barrie
- Locker
- Exclusive
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK PEGGY HILL GROUP REALTY
PENTHOUSE VIEWS, GENEROUS LIVING SPACE & AMENITIES WORTH COMING HOME TO! Built in 2022, this nearly 1,300 sq ft penthouse corner suite offers a spacious condo layout, set high on the 6th floor with west-facing views and oversized windows bringing natural light across the open living and dining areas. 9-foot ceilings and hardwood flooring continue throughout the carpet-free interior, while the kitchen pairs dark cabinetry with quartz countertops, stainless steel appliances, open shelving and a long peninsula with seating. Two bedrooms plus a den add flexibility to the layout, including a spacious primary with a walk-in closet and private 3-piece ensuite, while the separate den can easily serve as a home office, hobby room or additional sitting space. A 4-piece main bathroom and in-suite laundry complete the interior, and the balcony with a gas hookup gives you a front-row seat to sunset views. An oversized owned parking space, large locker and owned water softener are all included, while the building itself offers a gym and yoga room, community kitchen with a stocked spice library, outdoor kitchen with pizza oven, wine room with lockers, basketball court and playground. Barrie South GO, Highway 400, the lake, trails, parks and shopping are all close by, putting commuting, weekend plans and daily errands within easy reach.
Estimate your monthly payments for this property
Estimated Payment
$2,662.74/mo
Includes CMHC insurance ($14,480)
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 602, 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 $433/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 26 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 $2,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.