
6- 31 Madelaine Drive, Barrie
Barrie
$599,900
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by ROYAL LEPAGE TERREQUITY CAPITAL REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,250/mo
Estimated from market price-to-rent ratios
Remarks
Perfect for First-Time Homebuyers, those looking to downsize, or investors-this stunning end-unit townhome condo checks all the boxes! Featuring a spacious open-concept layout, this home offers 3 bedrooms and 2.5 bathrooms, along with a fully finished lower level complete with family room and laundry area. Enjoy added privacy and outdoor living with a charming backyard, privacy wall, and no rear neighbours, as it backs onto a peaceful common green space. The property includes an attached single-car garage plus an additional driveway parking space, with ample visitor parking conveniently nearby. Residents also have access to a modern, well-equipped gym. Low condo fees cover water, garbage removal, roof and window maintenance, gym access, landscaping, irrigation, and snow removal for the driveway, sidewalks, and stairs-making this an ideal low-maintenance, move-in-ready home. Located just steps from shopping and Barrie South GO Station, and minutes from beaches, downtown Barrie, Highway 400, and Yonge Street, this home is perfect for commuters. Don't miss the opportunity to own in Barrie's highly desirable southeast end
MississaugaInvestor.ca
6- 31 Madelaine Drive
Condo Townhouse · 3bd/3ba · ~1,500 sqft
$599,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.72%
Monthly Cash Flow
-$1,901/mo
Estimated Rent
$2,250/mo
Cash-on-Cash
-17.35%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,250 |
| Mortgage | −$2,761 |
| Property Tax | −$575 |
| Insurance | −$225 |
| Condo Fee | −$477 |
| Vacancy (5%) | −$113 |
| Cash Flow | -$1,901/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,000 |
| Vacancy (5%) | −$1,350 |
| Property Tax | −$6,899 |
| Insurance | −$2,700 |
| Condo Fee | −$5,724 |
| Annual NOI | $10,327 |
| Cap Rate | 1.72% |
Cash Required to Close
| Down Payment (20%) | $119,980 |
| Ontario Land Transfer Tax | $8,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,453 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.