
65 Ottaway Avenue, Barrie
Barrie
$889,900
Cash flow, cap rate & mortgage breakdown
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Listed by REAL BROKER ONTARIO LTD.
Investment Analysis
Key Facts
Type
Triplex
Bedrooms
8
Bathrooms
4
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for triplex based on GTA rental market data
Remarks
**Turnkey Legal Duplex with Legal Registered Detached Garden Suite | Fully Tenanted | Exceptional Investment Opportunity**An outstanding opportunity to own a fully tenanted, income-producing legal duplex with a detached secondary garden suite in one of Barrie's most established and sought-after neighbourhoods. This rare turnkey investment offers immediate cash flow with quality tenants already in place, making it an ideal addition to any real estate portfolio.Thoughtfully maintained and recently updated, the property features new shingles on main house 2026 and some new floors in basement unit providing added value and reducing future capital. With three self-contained living spaces, this is a low-maintenance, high-performing asset designed to deliver strong and consistent rental income.Situated on a generous lot in a mature, family-friendly neighbourhood, the property is perfectly positioned close to Highway 400, schools, public transit, parks, shopping, and everyday amenities. Its desirable location continues to attract quality tenants while supporting long-term appreciation.For investors, this is the complete package-a fully leased, turnkey property with multiple income streams, recent capital improvements, and excellent future growth potential. For those looking to house hack, there is also the opportunity to occupy one unit in the future while continuing to generate income from the remaining suites.Whether you're expanding your investment portfolio or securing a high-quality income property in a thriving market, this is a rare chance to own a solid, fully tenanted asset in one of Barrie's strongest rental locations. Opportunities like this don't come along often.
MississaugaInvestor.ca
65 Ottaway Avenue
Triplex · 8bd/4ba · ~900 sqft
$889,900
Cash-Flow Report · July 31, 2026
Cap Rate
6.26%
Monthly Cash Flow
+$544/mo
Estimated Rent
$6,800/mo
Cash-on-Cash
3.34%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,800 |
| Mortgage | −$4,096 |
| Property Tax | −$853 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$742 |
| Vacancy (5%) | −$340 |
| Cash Flow | +$544/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$81,600 |
| Vacancy (5%) | −$4,080 |
| Property Tax | −$10,234 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,899 |
| Annual NOI | $55,687 |
| Cap Rate | 6.26% |
Cash Required to Close
| Down Payment (20%) | $177,980 |
| Ontario Land Transfer Tax | $14,273 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $195,253 |
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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