
242 Browning Trail, Barrie
Barrie
$614,999
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
3
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
BEAUTIFULLY MAINTAINED 4-BEDROOM HOME WITH A PRIVATE TREED BACKYARD, FINISHED BASEMENT WITH A SEPARATE ENTRANCE, & EASY ACCESS TO PARKS, TRAILS, & DAILY CONVENIENCES! Tucked into a quiet, family-friendly neighbourhood where parks, trails, and greenspace are woven into everyday life, this beautifully maintained home offers the space, comfort, and convenience that make daily living effortless. Picture weekend walks along the Nine Mile Portage Heritage Trail, afternoons spent at nearby parks or Centennial Beach, and the ease of having schools, public transit, shopping, Highway 400, downtown Barrie, and the Allandale Waterfront GO Station all close at hand. The welcoming covered front porch sets the tone for what awaits inside, while tidy landscaping and a deep, recently paved driveway add to the home's impressive curb appeal. The backyard is a true highlight, offering a fully fenced setting framed by mature trees that provide privacy, shade, and a peaceful backdrop for summer barbecues, gardening, outdoor play, or simply unwinding at the end of the day. Inside, the bright open-concept layout features a spacious living and dining area that flows into the kitchen, with a sliding glass walkout extending your living space outdoors. Upstairs, three comfortable bedrooms and a 4-piece bath provide space for the whole family, while the finished basement delivers exceptional flexibility with a large rec room with a sinkette, an additional bedroom, a three-piece bath, laundry facilities, and a separate entrance that opens the door to excellent in-law suite potential. Freshly painted and showcasing beautifully renovated bathrooms, a carpet-free interior, and a recently installed metal roof, this move-in-ready #HomeToStay reflects pride of ownership throughout and offers the opportunity to enjoy a relaxed lifestyle in one of Barrie's most convenient and established neighbourhoods.
MississaugaInvestor.ca
242 Browning Trail
Detached · 4bd/2ba · ~1,300 sqft
$614,999
Cash-Flow Report · July 31, 2026
Cap Rate
4.16%
Monthly Cash Flow
-$699/mo
Estimated Rent
$3,640/mo
Cash-on-Cash
-6.22%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,640 |
| Mortgage | −$2,831 |
| Property Tax | −$589 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$512 |
| Vacancy (5%) | −$182 |
| Cash Flow | -$699/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$43,680 |
| Vacancy (5%) | −$2,184 |
| Property Tax | −$7,072 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,150 |
| Annual NOI | $25,574 |
| Cap Rate | 4.16% |
Cash Required to Close
| Down Payment (20%) | $122,999.8 |
| Ontario Land Transfer Tax | $8,775 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $134,774.8 |
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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