
226 Lillian Crescent, Barrie
Barrie
$639,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 HERITAGE GROUP LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
This is one of those homes you walk into and immediately feel how exceptionally well cared for it has been. Add in that it is a true bungalow and it is definitely one you don't want to miss. Offering an ideal floor plan for easy low-maintenance living, suitable for multi-generational living, and is located in a highly desirable neighbourhood! The main level welcomes you with a spacious foyer featuring inside garage access, a double closet, gleaming hardwood flooring leading to and a bright living/dining combo anchored by a sun-filled bay window. An updated kitchen boasts ample counter space, large pantry, pot and pan drawers and a walkout to a large deck backing onto peaceful, private green space with access to walking trails. This level also features two bedrooms, including a generous primary with a 4-piece semi-ensuite. The excellent layout continues into the fully finished walkout basement that could work well for an in-law suite, complete with two separate entrances, a Napoleon gas fireplace, a kitchenette area, 3rd bedroom, and a 3-piece bath. Fully equipped with central A/C (ductwork already installed), this home is also an excellent candidate for a high-efficiency heat pump upgrade. Offering total peace of mind, turnkey updates include newer windows, shingles, shed, efficient baseboard heaters and hot water heater, all situated on a family-friendly school bus route close to parks and schools.
MississaugaInvestor.ca
226 Lillian Crescent
Detached · 3bd/2ba · ~900 sqft
$639,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.48%
Monthly Cash Flow
-$1,091/mo
Estimated Rent
$3,390/mo
Cash-on-Cash
-9.35%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,390 |
| Mortgage | −$2,941 |
| Property Tax | −$612 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$533 |
| Vacancy (5%) | −$170 |
| Cash Flow | -$1,091/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,680 |
| Vacancy (5%) | −$2,034 |
| Property Tax | −$7,349 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,390 |
| Annual NOI | $22,207 |
| Cap Rate | 3.48% |
Cash Required to Close
| Down Payment (20%) | $127,800 |
| Ontario Land Transfer Tax | $9,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $140,055 |
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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