2602- 39 Mary Street, Barrie
City Centre · Investor guide
$816,900
Estimated Value
$423,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by Debut Real Estate Brokerage
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
3
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,950/mo
Based on City Centre neighbourhood rental data for 3-bed Condo Apartment
Remarks
Debut Condos Are Here! *** HST R E B A T E *** Applies To Debut Condos! Experience The Epic lake Views From Barrie's Monumental First, Premium Condo Development. Centered In Barrie's Coveted Waterfront Community. An Entire Floor Dedicated To Hotel Inspired & Lifestyle Amenities. Luxuriate In The Wellness Area With Separate Sauna, Hot Stone Bed & Steam Rooms. Or The Infinity Plunge Pool. Or The Fully Equipped & Windowed Fitness Centre. Or The Bar/Lounge Hub. Or Take In The Outdoor BBQ's & Fire Pit Enclave. Or The Up Tech Meeting Room. Or The Full Service Event/Party Room With Terrace. If You Think That Is Enhanced Living, Experience The Artfully Designed Suites With Flex Adaptation Along With The Finest Finishes, Appointments & Detail: Scavolini Kitchens, Built In Fulgor Milano Appliances, Moveable Island & Drawer Caddy And Floor To Ceiling Windows Capturing The Magnificent Lake Views. An Elevated Living Experience. All Strategically At The Heart Of The City's Focus For The Waterfront With The Performing Arts Centre And The Multi Purpose Stadium (Also, Views Into The Stadium) To Join The Marina, The Shops, The Restaurants & The Waterfront Trail. Unparalleled L I F E S T Y L E. Unparalleled V A L U E. Corner Suite, Panoramic Views! Scroll To See Floor Plan Attached. www.debutcondos.com
MississaugaInvestor.ca
2602- 39 Mary Street
Condo Apartment · 3bd/3ba · ~1,100 sqft
$816,900
Cash-Flow Report · August 3, 2026
Cap Rate
1.93%
Monthly Cash Flow
-$2,444/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-16.37%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$3,760 |
| Property Tax | −$572 |
| Insurance | −$225 |
| Condo Fee | −$689 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$2,444/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$6,862 |
| Insurance | −$2,700 |
| Condo Fee | −$8,268 |
| Annual NOI | $15,800 |
| Cap Rate | 1.93% |
Cash Required to Close
| Down Payment (20%) | $163,380 |
| Ontario Land Transfer Tax | $12,813 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $179,193 |
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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