The Residences on Owen Barrie
New pre-construction condo by Ballantry Homes & Gillam Group in Barrie.
About The Residences on Owen
Project highlights
- Development
- The Residences on Owen
- Developer
- Ballantry Homes & Gillam Group
- Location
- Barrie — 57 Owen St, Barrie Nearest Intersection: Collier St & Mulcaster St
- Property type
- Condo
- Ownership
- Condominium / Freehold
- Sales status
- Selling Now
- Starting price
- $417,900s
- Occupancy
- TBD
The Residences on Owen is a new condo by Ballantry Homes & Gillam Group in Barrie. Through PreconFactory you get VIP access 30–60 days before public launch — that means first pick of the best units, the lowest pricing, and full incentive negotiation on your behalf.
Starting at $417,900s, The Residences on Owen is a strong choice whether you're buying to live in or as an investment. You lock in today's developer pricing while the property appreciates during the 3–5 year build period — leveraged returns that resale buyers simply can't access.
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 so much more!
Why Barrie works
The Residences on Owen sits at 57 Owen St, Barrie Nearest Intersection: Collier St & Mulcaster St. Gateway to cottage country. Barrie's waterfront, GO Train to Toronto, and affordable pre-construction make it popular with commuters and investors.
Barrie keeps growing — new transit lines, more jobs, and rising household incomes. That's why pre-construction here makes sense. You're buying into a city on the upswing, at today's prices.
Why Barrie is growing
- Most affordable major city near GTA
- GO Train access to Toronto
- Waterfront location
- Growing commuter population
About Barrie
Discover why Barrie is an ideal location for pre-construction investment
About Barrie: A Growing Community in the GTA
Barrie is home to 150,000+, and rapid growth as gta commuter city. Waterfront city on Lake Simcoe Additionally, major gta commuter destination. Located in Barrie, The Residences on Owen offers residents a perfect blend of urban convenience and suburban comfort.
Affordable housing compared to GTA GO Train connectivity
Transit & Connectivity
Barrie is well-connected to the GTA through excellent transit options. GO Train stations including Barrie South GO, Allandale Waterfront GO provide 60-75 minutes to downtown toronto via go train. Major highways including Highway 400, Highway 11 ensure easy access throughout the region.
Lifestyle & Amenities
Residents of Barrie enjoy access to excellent educational institutions including Georgian College and Top-rated Simcoe County schools, healthcare facilities like Royal Victoria Regional Health Centre, and major shopping destinations such as Bayfield Mall and Kozlov Centre. Popular parks include Kempenfelt Bay and Heritage Park.
Investment Potential & Growth
Average condo prices: $500,000-$750,000. Annual appreciation: 5-8% Average rental yield: 4.5-5.5%. Strong demand from commuters and families Future developments include Waterfront development and GO Train service expansion, which will further enhance the area's appeal. Major employment centers include Healthcare and Education, driving demand for housing.
Why Barrie is Perfect for Pre-Construction Investment
Most affordable major city near GTA GO Train access to Toronto Waterfront location Growing commuter population Strong rental demand Investing in pre-construction in Barrie allows you to secure a property at today's prices while the area continues to develop and appreciate in value.
Excellent Transit
Well-connected to downtown Toronto and the GTA
Strong Growth
Consistent property value appreciation
Quality Living
Modern amenities and community infrastructure
Why pre-construction wins
Investment potential
The Residences on Owen is priced below comparable resale homes in Barrie. You lock in today's developer pricing, and by the time it's built (3–5 years), the market has typically appreciated 15–25% — free equity before you even close.
Developer confidence
Ballantry Homes & Gillam Group has been building in the GTA for years — finishing on time and delivering quality homes that hold their value. That track record matters when you're committing this much capital.
View Ballantry Homes & Gillam Group profile & projectsProject data sheet
Project visuals
The Residences on Owen questions answered
What is the deposit structure for The Residences on Owen?
The exact deposit schedule for The Residences on Owen is set by Ballantry Homes & Gillam Group and confirmed in the Agreement of Purchase and Sale. GTA pre-construction projects typically require a total deposit of 15–20% paid in stages over 18–24 months, but the specific milestones vary by builder and project. Contact PreconFactory for The Residences on Owen's current deposit structure.
When is the occupancy date for The Residences on Owen?
Occupancy for The Residences on Owen has not been publicly confirmed by Ballantry Homes & Gillam Group yet. Pre-construction projects in Barrie typically deliver within 3–5 years of launch, but the exact date will be set in the Agreement of Purchase and Sale. Contact PreconFactory for the latest timeline.
Are assignment sales allowed at The Residences on Owen?
Assignment policy is set project-by-project by Ballantry Homes & Gillam Group. Many GTA pre-construction projects permit assignments (sometimes for a fee, sometimes free as a VIP incentive), but this is confirmed in the purchase agreement. Ask PreconFactory before you sign so we can confirm the current terms for The Residences on Owen.
What are the closing costs for The Residences on Owen?
Plan for roughly 3–5% of the purchase price in closing costs, including Land Transfer Tax (Ontario and, in Toronto, municipal LTT — first-time buyer rebates may apply), legal fees ($1,500–$2,500), development levies, and Tarion warranty enrolment. The exact levy caps and adjustments vary per project — PreconFactory can walk you through the current numbers for The Residences on Owen.
Is The Residences on Owen a good investment?
The Residences on Owen by Ballantry Homes & Gillam Group is priced at $417,900s in Barrie. Whether it's a fit depends on your budget, timeline, financing, and rental/hold plans — pre-construction returns are leveraged (you commit ~20% over two years) but not guaranteed. Contact PreconFactory for an ROI breakdown specific to your situation.
How do I buy The Residences on Owen?
Register with PreconFactory for VIP Platinum access to The Residences on Owen. You'll receive available floor plans, current developer incentives, mortgage broker introductions, and lawyer referrals. Our buyer service is free — the builder pays the buying agent's commission.
Who represents buyers at The Residences on Owen?
PreconFactory is a licensed Ontario real estate brokerage offering Platinum-access representation on The Residences on Owen and other GTA pre-construction projects. We negotiate on price, capped development levies, assignment rights, and upgrades on your behalf.
Helpful guides for buyers
First-Time Buyer Guide
Government incentives, deposit structures, and the step-by-step buying process.
Read guideMortgage Calculator
Estimate monthly payments, stress test qualification, and CMHC insurance.
Read guideLand Transfer Tax
Calculate closing costs including Ontario and Toronto LTT rebates.
Read guideInvestor's Handbook
ROI strategies, assignment sales, and cash-flow analysis for investors.
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