302 Essa Road Unit 502, Barrie

Price: $585,000

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: S13875016

Welcome to this rarely offered 5th-floor corner suite at The Gallery, boasting an impressive 1,454 sq. ft. of living space, 2 bedrooms plus a den, 2 full bathrooms, TWO underground parking spaces and TWO lockers. From the moment you step inside, the spacious layout, natural light and beautiful views set this condo apart.The modern kitchen includes quartz countertops, stylish backsplash, stainless steel appliances, soft-close cabinetry and plenty of storage. Neutral tones flow throughout the suite, while extra-large windows draw your eye to the surrounding treeline and beyond.Step onto the expansive covered wraparound balcony and take in views over the treetops, across Barrie and toward Kempenfelt Bay. Enjoy morning coffee, unwind at the end of the day, entertain friends and BBQ, making this outdoor space a true extension of the condo. And when the city lights come on, the nighttime views are spectacular.The primary bedroom features dual closets and a private 3-piece ensuite, while the second bedroom offers plenty of space for family or guests. The versatile den is ideal for a home office, reading room or additional living space. No carpet throughout and a full-size washer and dryer add everyday convenience.Just an elevator ride away, the impressive 11,000 sq. ft. rooftop terrace offers even more outdoor space to relax, entertain and enjoy panoramic views. Step outside and enjoy the extensive trail system and natural surroundings.Grocery store, home improvement centre, restaurants, transit and everyday amenities are just minutes away. Quick access to Highway 400 makes this a commuter's dream. Offering generous living, exceptional storage, TWO underground parking spaces and beautiful views, this thoughtfully designed suite delivers the comfort of a home with the ease of condo living.

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active

$585,000 - 302 Essa Road Unit 502, Barrie

Condo for Sale in Barrie

Popular Listing

Neighbourhood: 400 West

3Beds
2Baths
1,400Sq Ft
Condo

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Property Details
MLS Number
S13875016
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Barrie
Taxes (2025)
$5,492
Maintenance Fees
$721/mo
Locker
Exclusive
Exposure
West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE RCR REALTY
Description

Welcome to this rarely offered 5th-floor corner suite at The Gallery, boasting an impressive 1,454 sq. ft. of living space, 2 bedrooms plus a den, 2 full bathrooms, TWO underground parking spaces and TWO lockers. From the moment you step inside, the spacious layout, natural light and beautiful views set this condo apart.The modern kitchen includes quartz countertops, stylish backsplash, stainless steel appliances, soft-close cabinetry and plenty of storage. Neutral tones flow throughout the suite, while extra-large windows draw your eye to the surrounding treeline and beyond.Step onto the expansive covered wraparound balcony and take in views over the treetops, across Barrie and toward Kempenfelt Bay. Enjoy morning coffee, unwind at the end of the day, entertain friends and BBQ, making this outdoor space a true extension of the condo. And when the city lights come on, the nighttime views are spectacular.The primary bedroom features dual closets and a private 3-piece ensuite, while the second bedroom offers plenty of space for family or guests. The versatile den is ideal for a home office, reading room or additional living space. No carpet throughout and a full-size washer and dryer add everyday convenience.Just an elevator ride away, the impressive 11,000 sq. ft. rooftop terrace offers even more outdoor space to relax, entertain and enjoy panoramic views. Step outside and enjoy the extensive trail system and natural surroundings.Grocery store, home improvement centre, restaurants, transit and everyday amenities are just minutes away. Quick access to Highway 400 makes this a commuter's dream. Offering generous living, exceptional storage, TWO underground parking spaces and beautiful views, this thoughtfully designed suite delivers the comfort of a home with the ease of condo living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,001.35/mo

Includes CMHC insurance ($16,322)

$
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5-yr fixed avg.

Principal: $526,500Interest: $357,584
Mortgage Amount$542,822
Total Interest$357,584
Est. Property Tax$414/mo
Total Cost$900,406

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

302 Essa Road Unit 502, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$721
Property Tax (est.)-$414
Insurance (est.)-$122
Net Cash Flow+$1,823

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 $418/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. The $721/month fees should cover building insurance, common elements, and reserve contributions.

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 $2,438 (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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    302 Essa Road Unit 502, Barrie | $585,000 | Battaglia Team