
803- 185 Dunlop Street, Barrie
Barrie
$679,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK CHAY REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
51
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,050/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to the Lakhouse in Barrie. Enjoy breathtaking unobstructed water views overlooking Kempenfelt Bay in this spacious 883 sq ft, 1 bedroom plus full-size den that would work as a functional 2nd bedroom including a closet, could make a great space for a large office/guest space, 2 bathrooms including a private ensuite combined with laundry. This suite features top grade vinyl flooring, quartz counters, centre island, ample cabinets, pot lights, high end stainless appliances, 9 ft ceilings, stylish backsplash, a glass-tiled master ensuite shower. Primary bedroom has a private spacious South facing balcony with Lumon glass enclosure system which allows you to enjoy the outdoor space 3 seasons of the year. Enjoy Barrie's waterfront right at your front door, take leisurely strolls along the boardwalk, experience wonderful local dining, and engage in the summer festivals. Fantastic exclusive amenities, include a private fitness room, stunning party room, hot tub, sauna, steam room, and scenic lakeside views from the roof top patio providing access to a community barbecue and a private dock on the bay. Underground parking, concierge, secure building, elevators, pet friendly, social environment. The Lakhouse is a waterfront haven directly on the shores of Kempenfelt bay, come and enjoy your true condominium
MississaugaInvestor.ca
803- 185 Dunlop Street
Condo Apartment · 2bd/2ba · ~850 sqft
$679,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.5%
Monthly Cash Flow
-$2,845/mo
Estimated Rent
$2,050/mo
Cash-on-Cash
-22.94%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,050 |
| Mortgage | −$3,125 |
| Property Tax | −$651 |
| Insurance | −$225 |
| Condo Fee | −$791 |
| Vacancy (5%) | −$103 |
| Cash Flow | -$2,845/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,600 |
| Vacancy (5%) | −$1,230 |
| Property Tax | −$7,809 |
| Insurance | −$2,700 |
| Condo Fee | −$9,492 |
| Annual NOI | $3,369 |
| Cap Rate | 0.5% |
Cash Required to Close
| Down Payment (20%) | $135,800 |
| Ontario Land Transfer Tax | $10,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $148,855 |
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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