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$550K · 2+1 bed Condo Apartment · Rural Barrie Southeast, Barrie | MyPropertyScout

$549,900

Unit 502

2+12Vacant

Map

$549,900

Unit 502

8 Culinary Lane · Barrie · Ontario L9J 0T2

MLS® S12948588 · Rural Barrie Southeast · L9J 0T2

2+12Vacant1200-1399 ft²Condo Apartment1-car Underground$423/ft²$4,955 tax/yrBuilt 20233 yrs old

Neighbourhood Range

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About this home

Bright and spacious 5th floor corner unit offering 1267 sqft of well-designed living space, featuring a functional 2 bedroom + den layout and 2 full bathrooms. This end unit provides plenty of natural light and added privacy. Open concept layout with a large kitchen island, perfect for daily living and entertaining. Upgraded gas stove, laminate and tile flooring throughout, and comfortable carpet in bedrooms and den. Enjoy a private west-facing balcony with gas BBQ hookup. Includes 1 indoor park…

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Property details

MLS#: S12948588
Status: Buy Now
Beds: 2+1
Baths: 2 full, 0 half
Size: 1200-1399
Style: Apartment
Type: Condo Apartment
Year built: —

Condo corp #: 477
Balcony: Open
Locker: Exclusive
Fees include: Water Included, Parking Included, Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Metal/Steel Siding, Stucco (Plaster)
Fronting on: —
Cross street: Chef Lane/Culinary Lane
Basement: None
Stories: 5
Utilities: —
Laundry: In-Suite Laundry
Interior: Water Heater
Parking features: —

Rooms

Level	Room	Dimensions
Main	Living Room	4.7m × 4.54m
Main	Kitchen	3.22m × 3.44m
Main	Dining Room	2.06m × 3.44m
Main	Primary Bedroom	3.52m × 4.26m
Main	Bedroom 2	2.97m × 3.51m
Main	Bathroom	2.02m × 3.23m
Main	Den	2.12m × 3.03m
Main	Laundry	1.01m × 1.45m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: CENTURY 21 LEADING EDGE REALTY INC.

Source: TRREB/PROPTX · MLS® S12948588

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$550K

Unit 502 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $549,900✓ $4,955 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,083/mo

incl. closing costs (yr 1)

Annual total

$60,993

year 1

Mortgage only

$2,086/mo

principal + interest

Beyond mortgage

$1,915/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$109,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$413/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,300 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,499/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$51/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $25,034/yr

Property taxes20% $12,428/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,499/yr

Condo fees12% $7,372/yr

Closing costs8% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$25,034	$2,086/mo
Government & taxes
Property tax	$4,955	$413/mo
Land transfer tax(closing)	$7,473	$623/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,499	$458/mo
Condo fees
Condo / HOA fees	$7,372	$614/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$60,993	$5,083/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 502

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs