The Residences On Owen

The Residences On Owen by Ballantry, Gillam,
and Traditions.  The site is located adjacent to the Barrie Public Library in the downtown core of the City.

The Residences will be within easy walking
distance to local shops, restaurants, art gallery and financial

Starting from the $400's

The Perfect Location

It’s about where you live.

Ballantry, Gillam, and Traditions have created a model that is a win-win for its senior residents and for the clients who purchased condominiums there. They have developed a management company with a unique program called the Invest Select Rental Program (ISRP).

When opted into, the ISRP allows condominium purchasers to benefit from the three most important pillars of real estate investment: rental income, market appreciation and mortgage pay-down, while all day-to-day property management tasks are taken care of including the payment of property taxes and maintenance fees.

The ISRP delivers positive monthly cash flow to each purchaser with a five-year condominium lease in place from day one. Upon expiration of the lease, the lessee will have the option to purchase the units from the owners at the then current market value with a stipulation it will
be for no less than the original purchase price should there be a down turn in the market. This commitment creates a safety net and gives purchasers peace-of-mind going into the sale. It also helps to avoid being surprised by a lot of typical pitfalls that can occur if purchasers decided to lease the unit themselves.

The ISRP is perfect for real estate investors that believe real estate is a great wealth building product but don’t want to be hands-on with
all duties and responsibilities. The program combines monthly cashflow, mortgage paydown, and the potential for market appreciation while
limiting the downside in the event of a market correction.

Reasons to Buy

  • Located in the city of Barrie which has seen an astounding population growth with an increase of 5.4% from the last time it was measured in 2011, growing at a faster rate than the national growth rate which was only 5% proving to be a highly desirable location to invest as house prices in the Toronto area continue to rise!
  • Only a 10 minute walk to Lake Simcoe where an array of activities can be enjoyed such as: stand up paddle boarding, kayaking, canoeing, biking trails, hiking trails, farmer markets and more!
  • Perfectly located for commuters as Highway 400 is only 3 minutes away!
  • 6 minutes from the Allandale Waterfront GO Station where you will have access to both GO Bus & GO Train services
    All of your shopping needs can be found in the surrounding area having a fantastic assortment of retailers such as: No Frills, Shoppers Drug Mart, Canadian Tire, LCBO, Loblaws, Metro, Costco and more all less than 10 minutes away
  • 5 Minutes from Georgian College which is home to 13,000 full-time students including 3,600 international students
    The Residences on Owen is being developed by a pair of highly reputable developers, Ballantry Homes & Gillam Group, who possess over 25 years of building experience!

Take a Closer Look

Quick Facts

Developer: Ballantry Homes & Gillam Group

Address: 57 Owen St, Barrie

Nearest Intersection: Collier St & Mulcaster St

Pricing: Starting From $399,900

Occupancy: TBA

Storeys / Suites: TBA

Suite Types: Jr One Bedroom – Two Bedroom Suites

Suite Sizes: TBA

Maintenance Fees: TBA

Deposit Structure: $5,000 on Signing // 5% Minus $5,000 in 30 Days // 5% in 210 Days // 5% in 390 Days // 5% in 570 Days

Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Free Assignment,  Capped Development Levies, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Agreements, Free Locker, Free Parking, 5 Year Positive Cashflow Rental Contract, 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

contact us

Need an expert? you are more than welcomed to leave your contact info and we will be in touch shortly


Register Now!

Leave us your details so you can receive VIP Pricing & Floor Plans.


Rizwana Kasmani




Cell: 647-403-1607

Office: (905) 568-2121

*Terms & Conditions Apply – See Sales Representative For More Information **We do not represent the builder. All renderings, incentives, pricing are subject to terms & conditions are may change at anytime without notice – see sales representatives for more details. E&OE *Not intended to solicit buyers currently under contract.

Copyright 2019 Home Investment Hub © All Rights Reserved