116 Esther Drive, Barrie
Barrie
$899,999
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX CROSSTOWN REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
68
Price Drop
5%
Year Built
N/A
Status
Active
Basement Income
Legal Suite (+$1,400/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
Welcome to this spacious Firstview "Ashbridge Model" featuring an upgraded, private, double-wide interlock driveway with a built-in EV charging port. The functional layout features oak hardwood and ceramic tile flooring. Enjoy a large family room with a gas fireplace and a spacious eat-in kitchen. The second floor offers four large bedrooms, including a primary suite with a 4-piece ensuite and walk-in closet. Complete with an unfinished basement, ready for your custom touch. This home shows beautifully and is completely move-in ready!
MississaugaInvestor.ca
116 Esther Drive
Detached · 4bd/3ba · ~2,750 sqft
$899,999
Cash-Flow Report · July 31, 2026
Cap Rate
2.93%
Monthly Cash Flow
-$1,944/mo
Estimated Rent
$4,250/mo
Cash-on-Cash
-11.81%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,250 |
| Mortgage | −$4,143 |
| Property Tax | −$863 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$750 |
| Vacancy (5%) | −$213 |
| Cash Flow | -$1,944/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$51,000 |
| Vacancy (5%) | −$2,550 |
| Property Tax | −$10,350 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,000 |
| Annual NOI | $26,400 |
| Cap Rate | 2.93% |
Cash Required to Close
| Down Payment (20%) | $179,999.8 |
| Ontario Land Transfer Tax | $14,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,474.8 |
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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