Project Details
Welcome to The Residences on Owen, a stunning new condominium coming soon to the heart of Barrie located at Collier St & Mulcaster St. A desirable location in the city’s core, The Residences on Owen offer residents an opportunity to live minutes from some of the areas most desirable amenities including: Lake Simcoe, Highway 400, Allandale Waterfront GO Station, Retailers, Restaurants, Georgian College and much more!
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Details
Developer: Ballantry Homes & Gillam Group
Property Type: Condominium
Price: $585,000
Bedrooms: 1
Bathrooms: 1
Square Footage: 644 sq ft
Exterior: 50 sq ft
Parking: Yes
Locker: Yes
Occupancy: January 1st, 2025
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Free Assignment, Free Property Management, Capped Development Levies, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Agreements, Free Locker, Free Parking, 5 Year Lease Guarantee, 5 Year Exit Strategy
Suite Finishes: Spacious Floor Plans, Balconies (as noted on plans), Wi-Fi, Individually Controlled Heat and Air, Sprinkler System, Hard Wired Smoke and CO2 Sensors, Ensuite Laundry, Full Appliance Package, High Ceilings, Pre-Wired for Cable and Telephone, Walk-In Showers and more
Building Amenities: 24-Hour Concierge, Grand Lobby and Lounge, Elegant Dining Room, Cafe/Bistro, Games Room and Pub, Wine Bar with Piano, Fitness Centre, Theatre and Chapel, Massage Room, Pet Spa, Rooftop Terrace, Tea Room, Arts & Crafts, Gardening Centre, Indoor Pool, Spa
Reasons to Buy
MARKET OUTLOOK & GROWTH
Barrie is recognized as one of Ontario’s fastest-growing urban centers, with a population growth rate of 5.4% in recent years—officially outpacing the national average. This rapid expansion is projected to reach 298,000 residents and 150,000 jobs by 2051, making it a highly desirable alternative to the rising house prices in the Toronto area. The Residences on Owen (The ROO) specifically targets the high-demand luxury seniors’ housing sector, a demographic set to double over the next 15 years. For investors, this project offers a “recession-proof” opportunity through the Invest Select Rental Program (ISRP), providing pre-leased units for five years with guaranteed positive cash flow and Market Correction Protection. This unique program allows investors to capitalize on Barrie’s growth with institutional-grade security and a passive, hands-free management model.
CONNECTIVITY & TRANSPORTATION
Conquer your commute with ease from this “AAA” downtown location, situated just three minutes from Highway 400. The development is only six minutes from the Allandale Waterfront GO Station, providing direct access to both GO Bus and Train services—linking residents to Toronto’s Union Station in a reliable, scenic commute. The project is a short 10-minute walk to the Barrie Allandale Transit Terminal, the city’s central hub for regional and municipal transit. This integrated transportation network ensures that whether you are traveling south to the GTA or north to cottage country, the Residences on Owen serves as a perfectly connected gateway. If you’re looking for a bit more affordable option, you may also consider Mira Towns at the same location.
LOCATION ADVANTAGES & RESORT-STYLE AMENITIES
Located in the heart of Barrie’s vibrant “Urban Village,” this landmark development offers a blend of urban convenience and lakeside tranquility. Residents are just a 10-minute walk from the shores of Lake Simcoe, where they can enjoy year-round waterfront activities that include paddle-boarding, kayaking, and hiking along the scenic North Shore Trail. The project is strategically located five minutes from Georgian College—home to over 13,000 students—and the Royal Victoria Regional Health Centre. Daily convenience is unmatched, with major retailers like No Frills, Costco, LCBO, and Shoppers Drug Mart all less than 10 minutes away. The “resort-style” lifestyle is defined by premium amenities, including an indoor pool, golf simulator, private wine bar with a piano lounge, and a 24-hour concierge.
THE REPUTABLE DEVELOPER
The Residences on Owen is developed by a powerhouse partnership between Ballantry Homes and Gillam Group, who together bring over 35 years of award-winning building experience. A distinguished full-service builder that has constructed more than 10,000 homes across 35+ communities in the Greater Toronto Area, earning a reputation for superior craftsmanship. A premier construction management firm known for its sophistication in the high-rise and institutional sectors. They are joined by Traditions Seniors Housing, which brings over 30 years of specialized expertise in managing senior living environments. This collective team ensures every residence is built to the highest standards, providing buyers with the confidence of a secure, high-quality investment in the future of modern living.
FAQ*
The Residences on Owen represents a revolutionary, 100% investor-driven model in the heart of downtown Barrie. Strategically located at Collier and Mulcaster Streets, the project capitalizes on Barrie’s status as one of Canada’s fastest-growing cities, with the local seniors’ population projected to double over the next 15 years. Investors benefit from the Invest Select Rental Program (ISRP), which provides a 5-year pre-leased rental contract with guaranteed positive cash flow, managed property maintenance, and an optional 5-year exit strategy that protects against market corrections by ensuring a minimum sell-back price equal to the original purchase.
While the community is specifically designed for active seniors who desire refined comfort and “age-in-place” luxury, it is an elite choice for passive real estate investors. The hands-free management model makes it perfect for those seeking the wealth-building benefits of rental income and market appreciation without the responsibilities of being a landlord. Additionally, its proximity to Georgian College (13,000+ students), the Allandale Waterfront GO Station, and the downtown core ensures long-term desirability for a diverse range of residents.
Yes, exclusive Platinum VIP incentives are available to maximize the “Alberta-style” advantage in Ontario. Current promotions often include free parking, free locker, and free assignment rights, alongside capped development levies. Investors also receive the benefit of free property management and the 5-year guaranteed rental contract included in the ISRP. Because these incentives are subject to phase availability and early-registration windows, it is essential to contact the My Investment Brokers team directly for the most current updates and private pricing.
