
1502- 65 Ellen Street, Barrie
City Centre · Investor guide
$1,299,000
Estimated Value
$423,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
3
Days on Market
91
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,950/mo
Based on City Centre neighbourhood rental data for 3-bed Condo Apartment
Remarks
Soaring above Barrie's waterfront, this 2-bedroom + den penthouse at Marina Bay offers over 2,100 sq. ft. of fully renovated living space with million-dollar views from every major room. Floor-to-ceiling windows frame Lake Simcoe's beauty, while a spacious private balcony becomes your front-row seat to sunsets, fireworks, and the sparkling shoreline. Enjoy unbeatable views of Kempenfest, the Christmas Parade, the annual airshow, and live concerts right from home. The modern industrial design features exposed concrete accents, custom cabinetry, quartz counters, a large island with lots of storage, and premium fixtures throughout. An open-concept layout blends a stunning living area with a built in fireplace, built-in shelving, and custom bar-perfect for entertaining. Remote-controlled window coverings, designer lighting, and high-end finishes elevate every detail. The primary bedroom offers a spa-like ensuite with double sinks, stone accents, and a walk-in closet with custom organizers. The second bedroom is generously sized and features its own walk-in closet, while the separate office, with an attached 2-piece bath and stunning lake views, makes working from home a dream. Resort-style amenities include an indoor pool, hot tub, sauna, gym, party room, guest suite, two covered parking spaces, and locker. Just steps to downtown Barrie, the beach, marina, GO station, trails, and dining. This is more than a home..it's a lifestyle.
MississaugaInvestor.ca
1502- 65 Ellen Street
Condo Apartment · 3bd/3ba · ~2,125 sqft
$1,299,000
Cash-Flow Report · July 31, 2026
Cap Rate
-0.55%
Monthly Cash Flow
-$6,570/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-27.64%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$5,979 |
| Property Tax | −$909 |
| Insurance | −$225 |
| Condo Fee | −$2,259 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$6,570/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$10,912 |
| Insurance | −$2,700 |
| Condo Fee | −$27,108 |
| Annual NOI | $-7,090 |
| Cap Rate | -0.55% |
Cash Required to Close
| Down Payment (20%) | $259,800 |
| Ontario Land Transfer Tax | $22,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $285,255 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.