New Condos For Sale in Barrie
New condos in Barrie, Ontario
Barrie, is a fast rising city, directly adjoining the sea. The city provides spectacular lakeside views 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.
This community is about an hour north of 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 downtown core, Toronto!
Living in Barrie
You will find a great combination of high living and natural beauty when you live in a Barrie condo.
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, including recreation centres, entertainment options, retail malls, premier restaurants and cafés, and waterfront parks.
In Barrie, there are several unique events and festivals that promote and celebrate culture.
This neighbourhood provides a dynamic environment and safe areas with a number of 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 in the city’s north-eastern edge.
Investing in Barrie Condos
In the City of Barrie, the average resale price for all housing space types, including 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.
The vacancy rate 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 greatest 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.
Higher education institutes, healthcare facilities, and data and distribution centres are all located in the neighbourhood.
The future residents and investors alike 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.
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.
Transit in and around Barrie
One of the main highways here is Highway 400 which runs right through the heart of Barrie. This gives Barrie easy transit access and close proximity to south Barrie.
Residents may commute south on this route to other major communities in the Greater Toronto Area, including Vaughan, Newmarket and Aurora.
Residents in this neighbourhood rely heavily on the GO Train at Barrie 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 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 are a coming soon condos development that is currently in the pre-construction phase, located at 481 Yonge St Barrie