New Condos for Sale in Barrie
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About The New Condos for Sale in Barrie
Barrie is a fast-rising city directly adjoining the sea. The town provides spectacular lakeside views (like Lake Simcoe) as well as a variety of local facilities.
Residents will be able to take advantage of a dynamic urban environment that encompasses several employment opportunities, big box stores, retail stores and residential homes.
Lake Simcoe and Kempenfelt Bay run through Barrie, which is located in southern Ontario.
This city, approximately 80 kilometres north of downtown Toronto, is noted for being a commuter city. You can even commute easily to Georgian College if you’re a student.
This community is about an hour north of downtown Toronto and is adjacent to the province’s cottage country, including the world-famous Wasaga Beach.
However, this community has witnessed a significant population rise in recent years.
All thanks to its real estate affordability and closeness to the downtown core of Toronto! However, this might mean that the prices will start rising in the coming years, so take this opportunity and get a condo unit and enjoy its lifestyle amenities.
Living in Barrie
You will find a great combination of high living and natural beauty when you live in a Barrie condo, hence the real estate growth in the area.
Whether new condo developments or old, you find semi-detached homes, detached homes, townhomes and single-family homes with lifestyle amenities.
Barrie is a gorgeous seaside city that has it all.
All facilities are within walking distance from the new condos in Barrie.
For instance, it includes recreation centres, entertainment options, retail malls, premier restaurants and cafés, and waterfront parks.
In Barrie, several unique events and festivals promote and celebrate culture.
This neighbourhood provides a dynamic environment and safe areas with several renowned schools around.
Overall, the development is ideal for growing families.
For instance, it has French immersion schools, private, catholic, public, high school and elementary schools.
Georgian College is located on 140 acres of land on the city’s northeastern edge.
Real Estate Market in Barrie
Investing in Barrie condos is considered promising due to the city’s ongoing development and rising property values.
In the City of Barrie, the average resale price for all housing space types, including Barrie condo prices, in 2019 is roughly $541,808, up 3.6 percent from the previous year’s average price.
The current average rental rate in Barrie is $1,500 due to real estate growth.
The vacancy rate for new condos in Barrie is now at 2.7 percent, indicating that housing demand is still high.
There are various beaches here that provide breathtaking views of the lake as well as water-based sports.
Splash pads for kids, paddle boarding, fishing, boating, hiking and cycling trails are just a few of the activities available in the area.
Mount St Louis and Horseshoe Valley are both near and provide some of the most excellent snowboarding and skiing in the area.
Skating, ice skating, snowshoeing and snow tubing are some of the outdoor activities available.
Whether it’s summer or winter, there’s always something to do out here at any time of year.
For instance, higher education institutes, healthcare facilities, and data and distribution centres are all located in the neighbourhood.
Future residents and investors alike for debut condos can find some big corporations residing in the area.
Such as Coca-Cola company, The Source Distribution Centre, Simcoe County District School Board, TD Waterhouse Regional Centre, TD Canada Trust technology and operations centre, IBM and BMO data centres, to mention a few.
The local economy of the region is heavily reliant on tourism due to natural attractions like Lake Simcoe and Horseshoe Valley.
Tourists typically visit the region during the summer season.
They can enjoy a day at the beach and a stroll around the city’s central centre, which includes the City Hall.
Downtown Barrie is home to a variety of options and activities.
Such as unique businesses, historic buildings, local art, live entertainment, boutique stores, and culinary experiences.
Barrie Transit – In and Around
One of the main highways here is Highway 400 which runs right through the heart of Barrie.
This gives Barrie easy access and proximity to South Barrie.
Residents of debut condos may commute south on this route to other major communities in the Greater Toronto Area, including Vaughan, Newmarket and Aurora.
Also, residents in this neighbourhood rely heavily on the GO Train in the South.
It can transport passengers to Union Station in only 90 minutes.
Projects in Barrie
Go Towns by OPUS Homes and DECO Homes is a new development at Mapleview Drive East & Yonge Street, Barrie, ON.
The Residences on Owen by Ballantry Homes & Gillam Group is a new condo development at 57 Owen St, Barrie, ON. This project will feature a luxurious collection of Barrie new condos with urban amenities in a boutique-style building.
Lakeview Towns is a new condo development currently in the pre-construction phase. This “coming soon” project will be located at 1 Milburn Street Barrie.
South District Condos by Queensgate Homes and the Brixen Developments Inc. is a pre-construction stage at 681 Yonge Street, Barrie.
481 Condos is a Barrie new condo development that is currently in the pre-construction phase, located at 481 Yonge St Barrie
Lakevu Condos Barrie is currently in the pre-construction phase at 70 Lakeside Terrace.
Want to know more about the projects in Barrie and Downtown Toronto?
Contact our team today to get details about each new condo in Barrie and the surrounding areas. We can also assist you with projects in the nearby cities as well.
Seeking condos for sale in Barrie? Check out our latest listings.