Property Description

New Condominiums – The Residences on Owen – Available under resale!
Coming soon to
57 Owen Street, Barrie, ON
Available under resale

The Residences on Owen is a boutique condominium community located at 57 Owen Street in the heart of Barrie. Originally released as a preconstruction project, this development is now completely sold out, with ownership opportunities available exclusively through resale listings.

The building features approximately 278 thoughtfully designed suites, offering one- and two-bedroom layouts ranging from roughly 500 to 1,000 square feet. Designed for modern living, The Residences on Owen appeals to professionals, downsizers, and investors seeking a well-located condo near Lake Simcoe, downtown Barrie amenities, and major transit connections.

If you missed the original launch, resale condos at The Residences on Owen provide a valuable opportunity to purchase in a newly built condominium within one of Barrie’s fastest-growing urban neighbourhoods.

View resale condos at Near The Residences on Owen, Barrie

Modern Condo Living in Downtown Barrie

Located just minutes from Barrie’s vibrant downtown core, The Residences on Owen offers residents convenient access to daily essentials, dining, entertainment, and waterfront recreation. Grocery stores, pharmacies, cafés, and retail shops are all within walking distance, creating an easy, low-maintenance lifestyle.

Lake Simcoe is only a short stroll away, offering year-round recreational opportunities including walking and cycling trails, waterfront parks, kayaking, and seasonal events. The area is also home to Georgian College, making this location particularly attractive for investors and long-term rental demand.

For buyers exploring comparable options nearby, you may also want to view:
Resale condos for sale in Downtown Barrie

Building Amenities & Lifestyle Features

The Residences on Owen was designed to deliver a refined, boutique-style living experience. Residents enjoy access to a wide range of lifestyle-focused amenities that support both relaxation and social connection.

The building features welcoming common areas such as resident lounges, dining and games spaces, fitness facilities, and entertainment rooms. Wellness-oriented amenities including a gym, indoor pool, and relaxation spaces further enhance everyday living, while rooftop and outdoor areas provide ideal spaces to unwind or entertain.

Suites are designed with open-concept layouts, generous natural light, modern kitchens, private balconies in select units, and contemporary finishes throughout. These features continue to hold strong appeal on the resale market.

Newer resale condominiums in Barrie, ON

Location & Transit Connectivity

The Residences on Owen benefits from a highly convenient location with strong walkability and easy access to transit. Residents are close to Highway 400, making commuting throughout Simcoe County and the Greater Toronto Area efficient and straightforward.

Allandale Waterfront GO Station and nearby transit routes connect residents to GO Train and GO Bus services, supporting both local commuting and travel into the GTA. This accessibility, combined with Barrie’s ongoing growth, continues to drive demand for resale condos in the area.

Why Buy Resale at The Residences on Owen

With the project now fully sold out from the developer, resale opportunities at The Residences on Owen allow buyers to secure a home in a completed or near-completed building, with known layouts, finishes, and maintenance expectations.

Whether you’re purchasing as a primary residence, a downsizing option, or an investment property, resale condos in this community offer long-term value in one of Barrie’s most desirable urban locations.

Register Now to get access to the VIP Prices and Floor Plans of  Exclusive Low maintenance Fee for these Condominiums in Barrie, ON. Please click here and fill out the form and we will send you more info you as soon as possible.

Is this Not the right location, city and type of house you are looking for? No problem, We may certainly find your dream home: Click here and fill out the “My Dream Home search in GTA” form and we will get back to you with relevant information.

In Your Best Interest – Start Smart with RE/MAX Team Paliwal

Before you step into any new home or condo sales centre, make sure you’re accompanied by a REALTOR® from RE/MAX Team Paliwal—especially on your first visit.

As builder-preferred agents, we’re paid directly by the builder, but we work exclusively for you—at absolutely no cost to you.

Why is this important?

Builder sales staff represent the builder, not you. That means important terms, hidden conditions, or missed incentives could slip through—costing you time and money.

With us by your side, you gain:

• Expert guidance throughout the selection and purchase process
• Negotiation power to secure the best price and terms
• Early VIP access to pricing, floor plans, and builder incentives
• Referrals to trusted professionals—top lawyers, lenders & banks

We’re independent REALTORS® with RE/MAX Realty Specialists Inc., Brokerage—your advisors, advocates, and partners in the journey.

Note: This service is offered to buyers not currently under contract with another REALTOR®.

FAQs

How do I reserve a unit or lot in this project?

Click on “Request Information” – Fill out the form and send us, We will send you more details so that you may select the suites or Lots you are interested in.

What does it mean that RE/MAX Team Paliwal -Gyanesh Paliwal is a “Platinum Agent”?

Platinum agents are the top-selling agents who get preferred status with developers and first access to new projects before regular agents and the public.

How does it benefit me as a buyer to work with RE/MAX Team Paliwal as my Platinum Agent?

Working with us as your Platinum agents give you several benefits

1. You get the highest level of access in the building or in the new home project.
2. You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
3. The best possible incentives and terms.
4. We the agents at RE/MAX Team Paliwal do not represent the builder. We represent you. You benefit from our expertise of being a top selling pre-construction agent and investor since 2007.
5. Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
6. Our services to you as a buyer are free

Do I get a cooling-off period? What is it for?

Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling-off period BUT only in case of high rise Condo units or Condo-Townhomes NOT when you buy Free Hold homes. It’s 10 calendar days, not business days from the time you sign.

The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter

Do I need to have a lawyer?

You don’t need to have a lawyer at the moment that you sign the agreement, however, we always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling-off period when you buy a Condo unit.

Do I need to have a mortgage pre-approval to buy?

95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 30 to 60 days of signing.

Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that we may help you with. Contact us for more details.

Do the prices include HST?

 If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is no HST you will have to pay at final closing.

If you are purchasing as an investment, rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.

This money is remitted to the CRA and later on, we may help you and guide you as to how you can apply to the CRA immediately to get this money back. It usually takes about 1 to 3 months to get your rebate back.

What are my closing costs on a pre-construction condo or house?

Closing costs on a pre-construction condo or house will always be much higher than buying similar property under resale or existing ones. The closing cost of a brand new house or condo will depend on the actual purchase price of the unit/house you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit/house that you are buying.

Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo or house.

Contact RE/MAX Team Paliwal  for more details

Are there any ‘hidden’ costs when buying a pre-construction condo unit or home in Greater Toronto, Canada?

No, there are no hidden fees when buying pre-construction condos or houses because all fees must be disclosed in the agreement of purchase and sale. All purchasers must review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.

Is it possible to assign my condo or house? How much is the assignment fee?

Most condo or house builders do allow you to sell your unit/lot or house before its occupancy by you. This process is called selling by “assignment”.

There is usually an assignment fee and a legal fee associated with selling. Costs may range from $1000-10,000. Contact us for more details.

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