The Residences on Owen

The Residences on Owen is a preconstruction condo project in Barrie, Ontario. Located at 57 Owen Street, Barrie, ON, L4M 3H2. Explore project details, pricing, and updates on Preconstruction.info.

Highlights of The Residences on Owen

The Residences on Owen is a prominent pre‑construction condominium development in Barrie designed to offer contemporary urban living with a rich suite of amenities and finishes. Developed by Ballantry Homes in partnership with the Gillam Group, this project features a striking 20‑storey residential tower comprising approximately 278 units with a mix of one‑bedroom, one‑plus‑den, and two‑bedroom suites. The design places a strong emphasis on modernity and comfort, with spacious layouts ranging from roughly 550 to over 1,300 square feet and floor‑to‑ceiling windows that maximize natural light and views. Each suite is equipped with premium finishes such as stainless steel appliances, high ceilings, high‑speed Wi‑Fi readiness, and private balconies for outdoor enjoyment.

The interior amenities at The Residences on Owen are extensive, underscoring a lifestyle experience that goes beyond basic condo offerings. A grand, elegantly appointed lobby welcomes residents, and a 24‑hour concierge service enhances convenience and security. Social and leisure spaces include a café/bistro, games room and pub, theatre, wine bar with piano, massage room, fitness centre, indoor pool and spa, pet spa, rooftop terrace and gardening centre. These facilities are designed to create a resort‑style atmosphere within the building, offering both relaxation and recreation without leaving home.

The architectural presence and quality of build also make The Residences on Owen a standout project in Barrie’s City Centre. With its contemporary façade and thoughtfully designed interiors, the building presents a balance of aesthetic appeal and functional living space. The extensive array of indoor and outdoor amenities positions this development as an upscale residential choice, appealing both to lifestyle buyers and investors seeking modern urban living in one of Barrie’s most central locations.

Property Details

• Property Name: The Residences on Owen

• Storeys: -

• Suites: 278

• Bedroom: 2 Bedrooms

• Bathroom: 2 Bathrooms

• Size: TBD

• Property Type: Condo and Town house

• Location: 57 Owen Street, Barrie, ON, L4M 3H2, Canada

• Price: Coming soon

• Property Status: Pre-construction

• Selling Status: Platinum Access

• Ownership: Condominium

• Developer: TBD

Location and Neighbourhood

The Residences on Owen is strategically located at 57 Owen Street at the intersection of Collier Street and Mulcaster Street, right in the heart of downtown Barrie’s City Centre. This central location places residents within walking distance of a wide spectrum of urban conveniences, from everyday amenities to leisure and lifestyle destinations. Being in the city core, residents enjoy easy access to a variety of retail shops, cafés, dining options, and cultural attractions that define Barrie’s vibrant downtown scene.

One of the most attractive aspects of this neighbourhood is its proximity to Lake Simcoe’s waterfront and the scenic parks and trails that run along the shoreline. It’s possible to walk to waterfront leisure areas, such as beaches, trails and Kempenfelt Bay parks, in minutes, providing a mix of urban and outdoor lifestyles. This makes the location especially desirable for residents who appreciate both city conveniences and natural beauty right at their doorstep.

Connectivity is also a notable feature of the area. The Residences on Owen enjoys convenient access to major transit routes including Highway 400, which links Barrie to the Greater Toronto Area, and Allandale Waterfront GO Station, which offers commuter rail service towards Toronto and beyond. These connections contribute to the neighbourhood’s appeal for commuters, professionals, and those who value ease of travel to and from Barrie. In addition, the vicinity offers access to schools, entertainment venues, shopping centres such as Georgian Mall, and recreational destinations all within a short radius.

Reason to Invest In The Residences on Owen

Investing in The Residences on Owen presents a compelling opportunity due to its combination of location, lifestyle offerings, and underlying market trends in Barrie. As a downtown condominium in a growing urban centre, this property aligns with key fundamentals that appeal to both end‑users and long‑term investors. Its central address in Barrie places it in a high‑demand area near waterfront amenities, transit options, dining and retail attractions, and established infrastructure — all of which support potential long‑term value growth.

The extensive amenity package and high‑quality finishes enhance the attractiveness of the project for renters and owners alike. With amenities such as fitness facilities, indoor pool, pet spa, lounge areas and concierge service, the building caters to lifestyle‑driven tenants and homeowners who are seeking more than just living space. This breadth of features often translates to stronger rental demand and potentially higher occupancy rates, which are meaningful for investors considering rental income or resale demand.

From a market perspective, Barrie itself has been experiencing dynamic real estate patterns. Current market data indicates that home prices and activity remain significant, with average home prices in Barrie around $669,000 as of early 2026 and robust interest from buyers across property types. Although condo markets can vary, downtown and City Centre prices have shown growth trends and inventory movement, demonstrating demand in urban living segments. These broader market dynamics suggest that well‑located, high‑quality condominium developments like The Residences on Owen could benefit from the ongoing demand for accessible, amenity‑rich urban residences in the region.

A Closer Look at the Barrie Real Estate Market

The Barrie real estate market continues to show resilience and evolving trends in 2026, with various market reports highlighting both activity and pricing dynamics. According to recent data, the overall average sold price of homes in Barrie was approximately $669,414, with properties generally moving within a median of around 28 days on market. These figures suggest active market conditions with consistent demand for residential real estate, even amid broader affordability pressures seen in many Canadian cities.

Breaking the market down further within Barrie’s urban pockets, the City Centre area showed notable price growth, with average sale prices around $552,384 and strong year‑over‑year increases. This indicates steady interest in centrally located properties, which is directly relevant to a development like The Residences on Owen that is positioned right in the downtown core. Such patterns often reflect a solid balance between demand and pricing in urban condo segments.

Market reports consistently show that Barrie’s housing landscape is dynamic, with variations across neighbourhoods, and shifts between balanced and buyer‑favoured conditions depending on supply and demand influences. While inventory has increased in some periods and days‑on‑market figures have fluctuated, Barrie’s long‑term appeal — including its connectivity, lifestyle factors, and relative affordability compared to larger metropolitan areas — continues to underpin interest from both families and investors.