300 Essa Road Unit 501, Barrie

Price: $549,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: S13677138

Welcome to the Gallery Condos, located in the "MacLaren" building, this condo suite features 2 BED + DEN with 1244 sq ft of living space! Sought after 5th floor CORNER unit with Large Covered Wrap around Balcony & Awesome City Views! Comes with "RARE" 2 PARKING SPOTS - 1 Underground with locker & 1 Outdoor. Upgraded builder finishes including: 9" ceilings, high-end laminate flooring, smooth ceilings w/pot lights, glass shower, kitchen with quartz countertops, under-cabinet lighting & stainless steel appliances. Great south end Barrie location, within walking distance to 14 acre wooded trails & close to all amenities, HWY 400 and Allandale GO station - All residents enjoy exclusive access to 11,000 sq ft rooftop patio with panoramic views of Barrie & Kempenfelt Bay. Shows 10+

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$549,900 - 300 Essa Road Unit 501, Barrie

Condo for Sale in Barrie

Popular Listing

Neighbourhood: 400 West

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
S13677138
Property Type
Condo
Status
active
Days on Site
9
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Barrie
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE FIRST CONTACT REALTY
Description

Welcome to the Gallery Condos, located in the "MacLaren" building, this condo suite features 2 BED + DEN with 1244 sq ft of living space! Sought after 5th floor CORNER unit with Large Covered Wrap around Balcony & Awesome City Views! Comes with "RARE" 2 PARKING SPOTS - 1 Underground with locker & 1 Outdoor. Upgraded builder finishes including: 9" ceilings, high-end laminate flooring, smooth ceilings w/pot lights, glass shower, kitchen with quartz countertops, under-cabinet lighting & stainless steel appliances. Great south end Barrie location, within walking distance to 14 acre wooded trails & close to all amenities, HWY 400 and Allandale GO station - All residents enjoy exclusive access to 11,000 sq ft rooftop patio with panoramic views of Barrie & Kempenfelt Bay. Shows 10+

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.27/mo

Includes CMHC insurance ($15,342)

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5-yr fixed avg.

Principal: $494,910Interest: $336,129
Mortgage Amount$510,252
Total Interest$336,129
Est. Property Tax$390/mo
Total Cost$846,382

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: 400 West

Discover 400 West

400 West 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 400 West

  • 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

400 West 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

300 Essa Road Unit 501, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$1,635

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 $458/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.

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 400 West

I know 400 West 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 $2,291 (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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    300 Essa Road Unit 501, Barrie | $549,900 | Battaglia Team