
4- 233 Innisfil Street, Barrie
Barrie
$499,900
Cash flow, cap rate & mortgage breakdown
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Listed by Royal LePage In Touch Realty
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
86
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,150/mo
Estimated from market price-to-rent ratios
Remarks
***Meticulously Maintained*** ***Fully Updated*** ***End Unit*** is move-in-ready. The bright and spacious 3 Bedroom condo townhouse offers over 1400 square feet of thoughtfully designed living space in one of Barrie's most convenient, family friendly neighbourhoods. Step inside to an airy open-concept main floor where natural light pours in. The newly updated kitchen features ample counter space, generous storage and an easy pass-through to the dining area - perfect for everyday living and entertaining. A convenient main floor powder room is just off the large living room which has a walkout to your private fenced backyard and deck - a rare find in condo living - ideal for summer barbecues, morning coffee, or unwinding at the end of the day. Upstairs, you will find three generously sized bedrooms filled with natural light and offering plenty of closet space. A beautifully updated 4-piece bath designed for both comfort and function. The finished basement adds even more flexibility, featuring a cozy family room with a built-in bar - perfect for hosting movie nights or creating your own retreat. Major updates are already done for you: Kitchen and bathrooms, newer appliances, windows (3 yrs), roof (5 yrs), furnace (4 yrs), hot water heater (1yr) and new basement carpet - giving you peace of mind for years to come. Located in the heart of Barrie, you're just steps to the waterfront, minutes to schools, parks, shopping, Go Station, transit and highway access. With low property taxes and maintenance fee's that cover snow, grass, windows and roof - the essentials are taken care of !!! This home offers a lifestyle that's both easy and affordable. Perfect for first-time buyers, young families, professionals, or downsizers looking for space without the upkeep. Come see why this one stands out. Call to schedule your showing today!
MississaugaInvestor.ca
4- 233 Innisfil Street
Condo Townhouse · 3bd/2ba · ~1,100 sqft
$499,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.25%
Monthly Cash Flow
-$1,364/mo
Estimated Rent
$2,150/mo
Cash-on-Cash
-14.95%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,150 |
| Mortgage | −$2,301 |
| Property Tax | −$479 |
| Insurance | −$225 |
| Condo Fee | −$401 |
| Vacancy (5%) | −$108 |
| Cash Flow | -$1,364/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,800 |
| Vacancy (5%) | −$1,290 |
| Property Tax | −$5,749 |
| Insurance | −$2,700 |
| Condo Fee | −$4,812 |
| Annual NOI | $11,249 |
| Cap Rate | 2.25% |
Cash Required to Close
| Down Payment (20%) | $99,980 |
| Ontario Land Transfer Tax | $6,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,453 |
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
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