Project Overview:

The Residences on Owen represents an exciting new condo development by the collaborative efforts of Ballantry Homes and Gillam Group. Strategically positioned at 57 Owen Street in the charming city of Barrie, this project is currently in the preconstruction phase, promising a fresh and contemporary living experience. With its prime location, residents will enjoy the best of urban and suburban living, being close to all the amenities and attractions that Barrie has to offer. The development is set to introduce a range of well-designed suites and modern amenities, all within an architecturally sophisticated framework. Whether you're looking for an ideal primary residence or an investment opportunity, The Residences on Owen embodies the concept of contemporary condominium living and is poised to become a prominent addition to the Barrie real estate landscape.

Location:

The Residences on Owen enjoys a prime and highly sought-after location in the heart of Barrie, Ontario, Canada. Nestled at 57 Owen Street, this modern condo development places residents at the epicenter of this vibrant and thriving city. Barrie, known for its beautiful lakeside setting on the western shore of Lake Simcoe, offers a picturesque and tranquil environment while simultaneously providing easy access to urban conveniences. This central location means that residents are just moments away from a myriad of amenities, including shopping centers, dining establishments, cultural attractions, recreational facilities, and top-notch schools, making it an ideal destination for families and individuals alike. The city's growth and development in recent years have further enhanced the appeal of this area, creating a dynamic and welcoming community that's poised to deliver an exceptional living experience. The Residences on Owen not only offers a contemporary and stylish place to call home but also grants residents the privilege of savoring the best of both worlds – the serenity of lakeside living and the ease of access to all the city has to offer.

Neighborhood Highlights :

The Residences on Owen is situated in a neighborhood filled with a wealth of highlights and amenities, making it a desirable place to live. Here are some of the key neighborhood highlights:

• Lakeside Living: The condo's proximity to Lake Simcoe allows residents to enjoy the natural beauty and recreational opportunities that come with lakeside living, such as water activities, scenic views, and waterfront parks.
• Downtown Barrie: The development is close to downtown Barrie, which is rich in shopping, dining, and cultural experiences. Residents can explore a variety of boutiques, restaurants, cafes, and art galleries.
• Public Transportation: The neighborhood benefits from a well-connected public transportation system, including bus routes and proximity to the Barrie South GO Station, facilitating easy commutes within the city and to neighboring areas.
• Recreational Facilities: Barrie offers an array of recreational facilities, including sports complexes, fitness centers, and parks, providing ample opportunities for outdoor and indoor activities.
• Top-Rated Schools: Families will appreciate the presence of excellent schools, both public and private, in the vicinity, offering quality education for children of all ages.
• Cultural Attractions: The neighborhood features cultural attractions such as theaters, museums, and art galleries, providing opportunities for entertainment and enrichment.
• Waterfront Trails: Scenic waterfront trails and parks along Lake Simcoe are perfect for leisurely walks, jogging, picnics, and connecting with nature.
• Community Events: Barrie hosts a variety of community events and festivals throughout the year, fostering a strong sense of community and providing entertainment options for all ages.
• Healthcare Facilities: Access to healthcare facilities and hospitals in the area ensures residents' healthcare needs are well-covered.
• Future Development: The neighborhood is evolving with ongoing developments, improving infrastructure, and enhancing the overall living experience.

The Residences on Owen is ideally positioned to take advantage of these neighborhood highlights, offering a well-rounded living experience that combines natural beauty, urban amenities, and a strong sense of community. These factors contribute to its desirability as a place to call home.

Transit and Accessibility:

The Residences on Owen benefits from good transit and accessibility options, ensuring residents can easily move around the neighborhood and beyond. Here are key points about transit and accessibility:

• Public Transit: The neighborhood is served by the Barrie Transit system, providing convenient bus routes for residents to access various parts of the city. This makes it easy to commute within Barrie and connect to key destinations.
• Barrie South GO Station: The Barrie South GO Station is nearby, offering access to GO Transit services. This station connects to the GO Transit network, enabling convenient commuting to Toronto and other areas in the Greater Toronto Area (GTA).
• Highway Access: The neighborhood enjoys excellent highway access, particularly to Highway 400. This provides quick connectivity to nearby cities and towns, making it convenient for motorists to travel.
• Cycling and Walking: Barrie is committed to promoting active transportation. The neighborhood offers cycling lanes, bike racks, and pedestrian-friendly paths for those who prefer to walk or cycle.
• Car-Share Services: Car-sharing services, such as Zipcar, may be available in the area, offering residents flexible transportation options.
• Accessibility to Air Travel: For air travel, the condo's location provides accessibility to nearby airports, including Toronto Pearson International Airport and Billy Bishop Toronto City Airport.
• Future Transportation Developments: Keep an eye on any future transportation developments or infrastructure improvements in the area that could further enhance accessibility.

Overall, The Residences on Owen's location is designed to provide residents with several transportation options, catering to various preferences and travel needs. Whether it's public transit, driving, or walking, residents can choose the mode of transportation that best suits their lifestyle.

City Growth & Development:

The Residences on Owen is part of a neighborhood in Barrie, Ontario, that has seen significant growth and development in recent years. Barrie is a city that continues to expand and evolve, and the development is a reflection of this ongoing transformation. Here are some key points regarding the city's growth and development:

• Population Growth: Barrie has experienced notable population growth, driven by its attractive lifestyle, economic opportunities, and proximity to the Greater Toronto Area. This growth has led to increased demand for housing and amenities.
• Residential Development: The city has witnessed a surge in residential development, including condominiums, single-family homes, and townhouses. The Residences on Owen is part of this growth, offering modern living spaces to cater to the increasing demand for housing.
• Commercial and Retail Expansion: The expansion of residential areas has been accompanied by the growth of commercial and retail spaces. New shopping centers, restaurants, and businesses have emerged, providing residents with a wide range of services and entertainment options.
• Infrastructure Improvements: The city has invested in infrastructure improvements, including road expansions, public transportation enhancements, and cycling infrastructure, to accommodate the growing population and improve connectivity.
• Cultural and Recreational Amenities: Barrie has been dedicated to enriching the quality of life for its residents. This includes investments in cultural attractions, parks, sports facilities, and community centers.
• Green Initiatives: As the community grows, there is an increasing emphasis on sustainability and environmental responsibility. This includes green building practices, conservation efforts, and a commitment to eco-friendly development.
• Employment Opportunities: Barrie offers a variety of employment opportunities across different sectors, making it an attractive place for individuals and families seeking career prospects.
• Community Engagement: Barrie is known for its strong sense of community engagement. Local initiatives and community events foster a sense of belonging and create a welcoming environment for all residents.
• Real Estate Investment: The growth and development of the city make it an attractive option for real estate investment. The increasing demand for housing in Barrie can contribute to the long-term value of properties, including condominiums.

The Residences on Owen is a part of this dynamic and thriving community, benefiting from the city's growth and development. Its strategic location in Barrie positions it as a modern living option that aligns with the city's commitment to providing a high quality of life and economic vitality for its residents. The ongoing development in the area suggests promising opportunities for investment and an enriched lifestyle for its future residents.

Amenities:

The Residences on Owen offers a variety of amenities designed to enhance the living experience for its residents. While specific amenities may vary, typical condominium amenities often include:

• Lobby and Concierge Services: A stylish and welcoming lobby with a concierge service to assist residents and ensure security.
• Fitness Center: A well-equipped fitness center with modern exercise equipment for residents to maintain an active and healthy lifestyle.
• Indoor Swimming Pool: An indoor pool for year-round relaxation and exercise.
• Party/Meeting Rooms: Multi-purpose rooms available for private events, meetings, or social gatherings.
• Rooftop Terrace: A scenic rooftop terrace with seating, green spaces, and possibly BBQ areas for residents to enjoy outdoor views and socialize.
• Games Room: A space for recreational activities such as billiards, table tennis, or board games.
• Theater/Media Room: A dedicated room for watching movies, sports events, or multimedia presentations.
• Children's Play Area: A dedicated area for children to play and interact with other kids.
• Guest Suites: Guest suites within the building to accommodate visiting family and friends.
• Pet-Friendly Facilities: Pet-friendly amenities such as a pet wash station and possibly a nearby pet-friendly park.
• Bicycle Storage: Secure bicycle storage to encourage eco-friendly transportation.
• Storage Lockers: Additional storage lockers for residents to store extra belongings.
• Underground Parking: Convenient and secure underground or covered parking for residents, and possibly visitor parking.
• Security and Surveillance: Modern security features, including key fob access and surveillance cameras to ensure resident safety.
• Wi-Fi Connectivity: Common areas may offer Wi-Fi connectivity for residents to stay connected.
• Green Spaces: Landscaped gardens, courtyards, or outdoor spaces for relaxation and outdoor enjoyment.

These amenities aim to provide a comfortable, convenient, and enjoyable living experience for residents, catering to a variety of interests and lifestyles. Please note that the availability and specific features of amenities may vary based on the condominium's design and developer's offerings.

Development Features:

The Residences on Owen incorporates a range of development features that enhance the quality of living for its residents. These features are often designed to offer functionality, comfort, and aesthetics. Here are common development features you might expect:

• Architectural Design: The building boasts an appealing exterior and interior design, blending contemporary aesthetics with the local environment.
• Suite Layouts: A variety of suite layouts, including one-bedroom, two-bedroom, and possibly larger units, to accommodate different household sizes and lifestyles.
• High-Quality Finishes: Premium finishes and materials, such as hardwood flooring, stone countertops, and stainless steel appliances, to create a stylish and comfortable living space.
• Large Windows: Generous windows that allow ample natural light and provide scenic views of the surroundings.
• Balconies or Terraces: Private outdoor spaces, like balconies or terraces, to enjoy fresh air and outdoor living.
• Energy Efficiency: Sustainable building practices and energy-efficient appliances, which can lower utility costs and reduce environmental impact.
• Smart Home Technology: Incorporation of smart home features like programmable thermostats and keyless entry systems for convenience and security.
• Soundproofing: High-quality soundproofing to ensure privacy and minimize noise from neighboring units.
• Security Systems: Modern security systems, including secure access control and surveillance, to guarantee residents' safety.
• Spa-Like Bathrooms: Spa-inspired bathrooms with elegant fixtures and finishes, and perhaps features like walk-in showers or soaking tubs.
• Closet Space: In larger units, walk-in closets in master bedrooms to provide ample storage.
• Open-Concept Living: Open floor plans that create spacious and inviting living areas, perfect for entertaining.
• Kitchen Islands: Kitchens equipped with islands for added counter space and seating.
• Climate Control: Central air conditioning and heating systems to ensure year-round comfort.
• Laundry Facilities: In-suite laundry facilities for added convenience.
• Storage Space: Ample storage space within units and additional storage lockers within the building.
• Parking: Underground or covered parking for residents and potentially visitor parking.
• Landscape and Outdoor Areas: Landscaped gardens, courtyards, or outdoor spaces for relaxation and outdoor enjoyment.

These development features aim to create a comfortable, stylish, and practical living environment. They often align with modern trends in construction and design, catering to the diverse needs and preferences of condominium residents. Specific features and finishes may vary based on the condominium's design and developer's offerings.

Investment Opportunities :

The Residences on Owen offers several investment opportunities for potential buyers and investors. Here are some key factors to consider:

• Location: The condo's prime location in Barrie, Ontario, positions it within a city that has been experiencing population growth and economic development. Barrie's increasing popularity as a place to live and work can drive demand for housing and rental units, potentially providing a steady stream of rental income for investors.
• Rental Income: As a real estate investor, you can capitalize on the demand for rental properties in the Barrie area. The Residences on Owen could be an attractive option for tenants seeking modern, well-located apartments, creating an opportunity for steady rental income.
• Appreciation: Barrie has seen consistent real estate appreciation over the years, and this trend is expected to continue. Investing in a condominium in a growing community can lead to long-term capital appreciation, allowing you to sell your property at a higher value in the future.
• Low Maintenance: Condominium living typically involves lower maintenance responsibilities for owners. The condo association usually takes care of common area maintenance and repairs, which can be a benefit for investors.
• Tax Benefits: Real estate investment often comes with tax advantages, such as deducting mortgage interest and property taxes. Consult with a tax professional to understand the potential tax benefits.
• Portfolio Diversification: Real estate can be a valuable addition to your investment portfolio, providing diversification and a hedge against market volatility.
• Short-Term Rentals: Depending on local regulations and bylaws, short-term rentals through platforms like Airbnb may be an option to consider, potentially offering higher rental income during peak tourist seasons.
• Future Development: Keep an eye on future developments and infrastructure improvements in the area, as they can positively impact property values.
• Real Estate Market Trends: Stay informed about the real estate market trends in Barrie. Understanding the market conditions can help you make informed investment decisions.

Before making any investment, it's crucial to conduct thorough research, evaluate your financial goals, and consult with a real estate professional or financial advisor. Additionally, consider factors like property management, maintenance costs, and local regulations when assessing the investment potential of The Residences on Owen.

Property Details :

The Residences on Owen Highlights :

The Residences on Owen boasts a collection of highlights that make it a compelling and sought-after place to live. Here are some key highlights:

• Prime Barrie Location: Nestled in the heart of Barrie, Ontario, this development enjoys a central and desirable location within the city, providing easy access to various amenities and attractions.
• Lakeside Proximity: The condo is in proximity to Lake Simcoe, offering residents the opportunity to savor lakeside living, scenic views, and access to water-based recreational activities.
• Urban Amenities: Residents benefit from being close to downtown Barrie, which is abundant with shopping, dining, cultural experiences, and entertainment options.
• Public Transportation: The condo's strategic location allows for easy access to public transportation, making it convenient to commute within the city and to neighboring areas.
• Recreational Facilities: Barrie is renowned for its array of recreational facilities, including sports complexes, fitness centers, and parks, ensuring residents have access to a wide range of outdoor and indoor activities.
• Top-Rated Schools: Families will appreciate the availability of top-rated schools, both public and private, catering to children of all ages.
• Cultural Attractions: The neighborhood offers cultural attractions like theaters, museums, and art galleries, enriching the cultural and entertainment options available.
• Waterfront Trails: Scenic waterfront trails along Lake Simcoe provide residents with the perfect setting for leisurely walks, jogging, picnics, and connecting with nature.
• Community Events: Barrie hosts a variety of community events and festivals throughout the year, fostering a strong sense of community and providing entertainment for all ages.
• Healthcare Facilities: Access to healthcare facilities and hospitals in the area ensures that residents' healthcare needs are well taken care of.
• Green Initiatives: As part of Barrie's commitment to sustainability, the development may incorporate green building practices and environmentally-friendly features.
• Future Development: The Residences on Owen is positioned in a growing community with ongoing developments, infrastructure enhancements, and a promising outlook for the future.

These highlights combine to create an alluring living experience that merges natural beauty, urban amenities, and a strong sense of community, making The Residences on Owen an appealing destination for a diverse range of individuals and families.

Conclusion:

In conclusion, The Residences on Owen offers a contemporary and promising living experience in the heart of Barrie, Ontario. With its prime location, lakeside proximity, and access to a wide array of urban amenities, this condominium development is well-suited to meet the diverse needs and preferences of its future residents. The dynamic neighborhood provides a blend of natural beauty and city conveniences, while the city's ongoing growth and development further enhance the appeal of this area.
Residents at The Residences on Owen will enjoy the perks of lakeside living, including scenic views and water-based recreational opportunities, while being just moments away from downtown Barrie's shopping, dining, and cultural attractions. The availability of top-rated schools, healthcare facilities, and recreational options ensures a high quality of life for families and individuals.
Whether you are seeking a primary residence or an investment opportunity, The Residences on Owen encapsulates the essence of contemporary condo living. Its modern design, high
quality finishes, and thoughtful amenities make it an attractive choice for those looking for a well-rounded living experience.
With the city of Barrie continuing to evolve and thrive, the future looks promising for both residents and investors at The Residences on Owen. In summary, this development combines the best of lakeside serenity and urban vibrancy, offering an enticing and dynamic place to call home.