21 Kempenfelt Drive Unit 303, Barrie

Price: $729,900

1 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: S13469046

Introducing Portage Place, one of Barrie's most coveted waterfront residences, ideally situated directly on the shores of Kempenfelt Bay. This much-coveted boutique condominium offers an exceptional opportunity to enjoy refined waterfront living in a peaceful setting just steps from downtown Barrie. This spacious 1,190 sq. ft. suite features a thoughtfully designed layout with one bedroom, a generous den, a full 4-piece bathroom, and a convenient 2-piece powder room. 9ft ceilings, skylights and expansive south-facing windows fill the home with natural light throughout the day while showcasing stunning panoramic views of Kempenfelt Bay and Lake Simcoe. The open and inviting living and dining areas provide an ideal setting for both everyday living and entertaining. An updated kitchen offers plenty of storage and workspace, while the versatile den provides flexibility such as a home office, reading room, or guest accommodation. One of the suite's most impressive features is its seamless connection to the outdoors. Three separate walkouts from the living room, den, and primary bedroom lead to a private waterfront-facing balcony, creating the perfect place to enjoy morning coffee, afternoon sunshine, and spectacular sunsets over the bay. Residents of Portage Place enjoy beautifully maintained common areas, including outdoor terraces and a community room designed for relaxation and social gatherings. The building's premier location places Barrie's vibrant waterfront, walking trails, marina, beach, restaurants, shops, open-air farmers market and year-round events just outside your door, while providing convenient highway and GO Train access to the GTA. Experience the best of waterfront luxury, breathtaking views, and urban convenience at one of Barrie's most desirable addresses on Kempenfelt Bay.

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$729,900 - 21 Kempenfelt Drive Unit 303, Barrie

Condo for Sale in Barrie

Neighbourhood: North Shore

1Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
S13469046
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
1
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Barrie
Locker
Owned
Exposure
South
Balcony
Terrace
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Introducing Portage Place, one of Barrie's most coveted waterfront residences, ideally situated directly on the shores of Kempenfelt Bay. This much-coveted boutique condominium offers an exceptional opportunity to enjoy refined waterfront living in a peaceful setting just steps from downtown Barrie. This spacious 1,190 sq. ft. suite features a thoughtfully designed layout with one bedroom, a generous den, a full 4-piece bathroom, and a convenient 2-piece powder room. 9ft ceilings, skylights and expansive south-facing windows fill the home with natural light throughout the day while showcasing stunning panoramic views of Kempenfelt Bay and Lake Simcoe. The open and inviting living and dining areas provide an ideal setting for both everyday living and entertaining. An updated kitchen offers plenty of storage and workspace, while the versatile den provides flexibility such as a home office, reading room, or guest accommodation. One of the suite's most impressive features is its seamless connection to the outdoors. Three separate walkouts from the living room, den, and primary bedroom lead to a private waterfront-facing balcony, creating the perfect place to enjoy morning coffee, afternoon sunshine, and spectacular sunsets over the bay. Residents of Portage Place enjoy beautifully maintained common areas, including outdoor terraces and a community room designed for relaxation and social gatherings. The building's premier location places Barrie's vibrant waterfront, walking trails, marina, beach, restaurants, shops, open-air farmers market and year-round events just outside your door, while providing convenient highway and GO Train access to the GTA. Experience the best of waterfront luxury, breathtaking views, and urban convenience at one of Barrie's most desirable addresses on Kempenfelt Bay.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,744.77/mo

Includes CMHC insurance ($20,364)

$
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5%10%50%

5-yr fixed avg.

Principal: $656,910Interest: $446,155
Mortgage Amount$677,274
Total Interest$446,155
Est. Property Tax$517/mo
Total Cost$1,123,430

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: North Shore

Discover North Shore

North Shore 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 North Shore

  • 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

North Shore 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

21 Kempenfelt Drive Unit 303, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,960/mo
Range: $1,666 - $2,254
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,960
Maintenance Fees-$650
Property Tax (est.)-$517
Insurance (est.)-$152
Net Cash Flow+$641

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 $730/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 18 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.

About North Shore

I know North Shore 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 $3,041 (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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    21 Kempenfelt Drive Unit 303, Barrie | $729,900 | Battaglia Team