540 Essa Road Unit 2, Barrie

Price: $579,900

2 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: S12692134

Must see for all buyers & investors! Modern 3 bedroom Townhouse with self-contained unit on ground floor that includes 2 separate entrances, a full kitchen and 3-pce. bath. 9Ft Ceilings on Main floor and features a Large Open Concept Kitchen W/Quartz Counter Tops, Tiled Backsplash & 4 S/S Appliances and a walkout to private balcony. This level also includes a generous sized Great room and a 2-pce. powder room. Laminate and tile floors and throughout (no carpets), oak railings and staircase. Convenient stacked Washer & dryer on top floor (with the bedrooms). The Primary Bedroom Boasts A Walk-In Closet And Ensuite Bathroom. Self-contained unit on the ground floor can be a secondary suite for extra income or an in-law suite in a quite self-contained unit - 3=pce. washroom & kitchenette included. The home has been fully freshly painted. Close Distance To Shops, Schools, Parks, Holly Rec Centre and minutes To Hwy 400, GO station and beach

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$579,900 - 540 Essa Road Unit 2, Barrie

Townhouse for Sale in Barrie

133 days on market
2Beds
4Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
S12692134
Property Type
Townhouse
Status
active
Days on Site
133
Bedrooms
2
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Barrie
Lot Size
990 sqft
Listing Brokerage
RE/MAX CROSSTOWN REALTY INC.
Description

Must see for all buyers & investors! Modern 3 bedroom Townhouse with self-contained unit on ground floor that includes 2 separate entrances, a full kitchen and 3-pce. bath. 9Ft Ceilings on Main floor and features a Large Open Concept Kitchen W/Quartz Counter Tops, Tiled Backsplash & 4 S/S Appliances and a walkout to private balcony. This level also includes a generous sized Great room and a 2-pce. powder room. Laminate and tile floors and throughout (no carpets), oak railings and staircase. Convenient stacked Washer & dryer on top floor (with the bedrooms). The Primary Bedroom Boasts A Walk-In Closet And Ensuite Bathroom. Self-contained unit on the ground floor can be a secondary suite for extra income or an in-law suite in a quite self-contained unit - 3=pce. washroom & kitchenette included. The home has been fully freshly painted. Close Distance To Shops, Schools, Parks, Holly Rec Centre and minutes To Hwy 400, GO station and beach

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,975.19/mo

Includes CMHC insurance ($16,179)

$
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5%10%50%

5-yr fixed avg.

Principal: $521,910Interest: $354,467
Mortgage Amount$538,089
Total Interest$354,467
Est. Property Tax$411/mo
Total Cost$892,556

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: Barrie

Discover Barrie

Barrie 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 Barrie

  • 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

Barrie 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

540 Essa Road Unit 2, 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)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$411
Insurance (est.)-$121
Net Cash Flow+$1,668

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 $527/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.

Negotiation Opportunity

At 133 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Barrie have shown strong appreciation as families seek more space.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $2,416 (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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    540 Essa Road Unit 2, Barrie | $579,900 | Battaglia Team