112- 58 Lakeside Terrace, Barrie
Barrie
$415,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 B.J. ROTH REALTY LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
21
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,750/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to LakeVu, where modern design meets effortless living. Built in 2022, this stylish condominium is ideal for professionals, downsizers and investors seeking a low-maintenance lifestyle in one of Barrie's most convenient locations. This beautifully upgraded 2-bedroom, 2-bath suite stands out with rare 10-foot ceilings and oversized windows with transoms that flood the home with natural light. (Most other floors in the building feature 9-foot ceilings.) A warm, earthy color palette and quality finishes create a sophisticated yet relaxing atmosphere throughout. The contemporary kitchen is designed for both everyday living and entertaining, featuring stainless steel appliances, quartz countertops, a chic backsplash and a breakfast bar. Lutron remote-controlled window shades have been installed throughout the unit for added comfort and convenience. The spacious primary suite offers a walk-through closet leading to a private ensuite, while the second bedroom is thoughtfully positioned on the opposite side of the suite, providing exceptional privacy for guests, family or a home office. A standout feature is the oversized terrace, extending your living space outdoors (approx. 16 X 24). There's ample room for outdoor furniture, planters and a garden, creating the feel of a detached home while enjoying carefree condo living. Your pets will love it too! An additional bonus is the rare tandem parking space with room for two vehicles. LakeVu offers outstanding amenities, including concierge service, fitness centre, party room, games room, pet spa, guest suites and a spectacular rooftop terrace overlooking Little Lake with BBQ facilities and breathtaking views. Ideally located in Barrie's north end, you're just steps to Little Lake, scenic walking trails, grocery stores, restaurants and a large medical centre. Minutes to Georgian College, Royal Victoria Hospital and Highway 400. An exceptional opportunity to own a beautifully upgraded condo in a sought-after community!
MississaugaInvestor.ca
112- 58 Lakeside Terrace
Condo Apartment · 2bd/2ba · ~850 sqft
$415,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.87%
Monthly Cash Flow
-$1,611/mo
Estimated Rent
$1,750/mo
Cash-on-Cash
-21.3%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,750 |
| Mortgage | −$1,910 |
| Property Tax | −$398 |
| Insurance | −$225 |
| Condo Fee | −$740 |
| Vacancy (5%) | −$88 |
| Cash Flow | -$1,611/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$21,000 |
| Vacancy (5%) | −$1,050 |
| Property Tax | −$4,773 |
| Insurance | −$2,700 |
| Condo Fee | −$8,880 |
| Annual NOI | $3,597 |
| Cap Rate | 0.87% |
Cash Required to Close
| Down Payment (20%) | $83,000 |
| Ontario Land Transfer Tax | $4,775 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $90,775 |
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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