39 Mary Street Unit 1802, Barrie

Price: $638,800

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: S13085540

Desirable Debut Waterfront Condo,Enjoy the Combined Waterfront Living & Downtown Lifestyle Open,Bright,Concept, new 2 bed,2 bath desirable Corner unit,Stainless Steel Appliances,Fantastic Location, with 1 Parking, High Ceilings,Close to Shops,Go Transit Station,Shops,Highway,in heart of Downtown Barrie across from Kempenfelt Bay waterfront,walking paths and park area,See Plan of Unit in Attachment,Fantastic Resort Type Bldg Amenities,including Fitness Centre, Infinity Plunge Pool,Outdoor BQ areas.Party Room & Guest Suites

39 Mary Street Unit 1802 - Condo photo 1 of 11 in Barrie, Ontario
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$638,800 - 39 Mary Street Unit 1802, Barrie

Condo for Sale in Barrie

63 days on market

Neighbourhood: City Centre

2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
S13085540
Property Type
Condo
Status
active
Days on Site
63
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Barrie
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Desirable Debut Waterfront Condo,Enjoy the Combined Waterfront Living & Downtown Lifestyle Open,Bright,Concept, new 2 bed,2 bath desirable Corner unit,Stainless Steel Appliances,Fantastic Location, with 1 Parking, High Ceilings,Close to Shops,Go Transit Station,Shops,Highway,in heart of Downtown Barrie across from Kempenfelt Bay waterfront,walking paths and park area,See Plan of Unit in Attachment,Fantastic Resort Type Bldg Amenities,including Fitness Centre, Infinity Plunge Pool,Outdoor BQ areas.Party Room & Guest Suites

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,277.38/mo

Includes CMHC insurance ($17,823)

$
$
5%10%50%

5-yr fixed avg.

Principal: $574,920Interest: $390,470
Mortgage Amount$592,743
Total Interest$390,470
Est. Property Tax$452/mo
Total Cost$983,213

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: City Centre

Discover City Centre

City Centre 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 City Centre

  • 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

City Centre 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

39 Mary Street Unit 1802, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$452
Insurance (est.)-$133
Net Cash Flow+$1,160

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

Fair Market Value

At $913/sqft, this property is priced in line with current Barrie market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 63 days on site, this property has exceeded the typical selling timeline for Barrie. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About City Centre

I know City Centre 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 $2,662 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    39 Mary Street Unit 1802, Barrie | $638,800 | Battaglia Team