
129 Chalmers Drive, Barrie
Barrie
$695,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX PREMIER INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
42
Price Drop
5%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,550/mo
Estimated from market price-to-rent ratios
Remarks
Pride of ownership comes with beautiful curb side appeal 4 car driveway and single car private attached garage. It has a front door covered porch leading into this well appointed freshly painted foyer and main floor. A beautiful kitchen with S/S appliances leading to a new sliding glass door onto a backyard deck completed with an interlocked patio with a firepit. Family room has a feature stone fireplace and a lot of room for entertaining. The upstairs has 3 spacious bedrooms with a 4 piece bathroom. The basement is finished with laminate flooring for added comfort and entertaining space. The basement has a 3 piece bathroom. Situated in a family-friendly community with easy access to schools, parks, shopping, (It is a quick walk to nearby schools, including Willow Landing Elementary and Saint Michael the Archangel Catholic School) You can spend afternoons enjoying Lennox Park's athletic fields or the playground and lush green space just down the road at Chalmers Park. Commuters will love the quick access to Highway 400, the GO Station, and public transit routes, making every trip seamless. This home is perfect for those seeking a retreat from the hustle and bustle of city life located mins from downtown. With ample storage space, you'll have room for all your belongings and more.
MississaugaInvestor.ca
129 Chalmers Drive
Detached · 3bd/2ba · ~1,300 sqft
$695,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.64%
Monthly Cash Flow
-$2,247/mo
Estimated Rent
$2,550/mo
Cash-on-Cash
-17.7%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,550 |
| Mortgage | −$3,199 |
| Property Tax | −$666 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$579 |
| Vacancy (5%) | −$128 |
| Cash Flow | -$2,247/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,600 |
| Vacancy (5%) | −$1,530 |
| Property Tax | −$7,993 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,950 |
| Annual NOI | $11,427 |
| Cap Rate | 1.64% |
Cash Required to Close
| Down Payment (20%) | $139,000 |
| Ontario Land Transfer Tax | $10,375 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $152,375 |
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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