
408- 41 Ferndale Drive, Barrie
Barrie
$419,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY SPECIALISTS INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,800/mo
Estimated from market price-to-rent ratios
Remarks
Top floor. Tree top/ park views. No neighbours above, none to one side. The elevators are steps away and the terrace is full-sized. Units like this don't come up often - not in this complex, not with these sightlines over Bear Creek Eco Park. Nearly 1,000 square feet of space that actually feels like a home. The kind of place you want to come back to at the end of the day and aren't shy about showing off. A full-sized tiled foyer with double closets sets the tone. The great room combines living, dining, and a galley kitchen - all of it spilling out to the terrace, warm laminate underfoot, complete trim work, textured ceilings, and Bear Creek framed in every window. The galley kitchen is highly functional - equally capable of a quick lunch or a proper dinner party. Down the hall, past the ensuite laundry, the principal bedroom fits a king with room for a dresser and double closets to spare. The second bedroom is genuinely sizeable - office, craft room, or guest room with a double closet, it works. The bathroom is warm and accessible, featuring an easy step-over shower, a large vanity, and real room to move. Out back, the complex opens onto Bear Creek Eco Park - walking trails, nature, and quiet. Out front, A large outdoor area with playground and sitting spaces sits within the grounds. Parking included. Ample visitor parking for guests. Barrie at your door. A taste of Muskoka out every window.
MississaugaInvestor.ca
408- 41 Ferndale Drive
Condo Apartment · 2bd/1ba · ~950 sqft
$419,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.64%
Monthly Cash Flow
-$1,358/mo
Estimated Rent
$1,800/mo
Cash-on-Cash
-17.78%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,800 |
| Mortgage | −$1,929 |
| Property Tax | −$402 |
| Insurance | −$225 |
| Condo Fee | −$512 |
| Vacancy (5%) | −$90 |
| Cash Flow | -$1,358/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$21,600 |
| Vacancy (5%) | −$1,080 |
| Property Tax | −$4,819 |
| Insurance | −$2,700 |
| Condo Fee | −$6,144 |
| Annual NOI | $6,857 |
| Cap Rate | 1.64% |
Cash Required to Close
| Down Payment (20%) | $83,800 |
| Ontario Land Transfer Tax | $4,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $91,655 |
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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