506 Essa Road Unit 38, Barrie

Price: $399,000

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: S13853066

Welcome to Mapleview Gardens, a peaceful and welcoming community surrounded by mature trees and green space! This spacious 3-bedroom, 2-storey condo offers a bright open-concept layout with plenty of natural light, beautiful engineered hardwood flooring, main-floor laundry, an updated main bathroom and convenient powder room. Tucked toward the rear of the community, this home enjoys a quieter setting away from traffic and city noise, with a private, tree-lined balcony that's perfect for morning coffee or unwinding at the end of the day. Great sense of space and privacy, this is a wonderful place to call home!

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active
New Listing
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$399,000 - 506 Essa Road Unit 38, Barrie

Condo for Sale in Barrie

New — Listed 5 days ago

Neighbourhood: Holly

3Beds
2Baths
1,400Sq Ft
Condo

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
S13853066
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Barrie
Taxes (2026)
$2,979
Maintenance Fees
$460/mo
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
ENGEL & VOLKERS BARRIE
Description

Welcome to Mapleview Gardens, a peaceful and welcoming community surrounded by mature trees and green space! This spacious 3-bedroom, 2-storey condo offers a bright open-concept layout with plenty of natural light, beautiful engineered hardwood flooring, main-floor laundry, an updated main bathroom and convenient powder room. Tucked toward the rear of the community, this home enjoys a quieter setting away from traffic and city noise, with a private, tree-lined balcony that's perfect for morning coffee or unwinding at the end of the day. Great sense of space and privacy, this is a wonderful place to call home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

$
$
5%10%50%

5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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: Holly

Discover Holly

Holly 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 Holly

  • •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

Holly 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

506 Essa Road Unit 38, 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)
6.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$460
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,254

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 $285/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Barrie's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $460/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 Holly

I know Holly 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.

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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    506 Essa Road Unit 38, Barrie | $399,000 | Battaglia Team