
2 Hook Court, Barrie
Barrie
$999,999
Cash flow, cap rate & mortgage breakdown
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Listed by INTERNATIONAL REALTY FIRM, INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
8
Bathrooms
5
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,450/mo
Estimated from market price-to-rent ratios
Remarks
Discover this stunning oversized two-storey detached home with a double-car garage, ideally situated on a quiet court in the highly sought-after North Barrie neighbourhood. Designed with both comfort and functionality in mind, this spacious family home offers exceptional living space and outstanding income potential.The main floor features a modern gourmet kitchen with ample cabinetry, a large centre island, and plenty of space for cooking and entertaining. You'll also find a versatile office or main-floor bedroom, along with a warm and inviting family room complete with a cozy fireplace.Upstairs, the home offers four generously sized bedrooms, providing plenty of room for a growing family. The primary living areas are thoughtfully designed to accommodate everyday living with style and comfort. A standout feature of this property is the fully finished lower level, which has been professionally configured into two self-contained basement apartments with separate entrances. One suite offers two bedrooms, while the second features one bedroom, making them ideal for multi-generational living, extended family, guests, or generating valuable rental income.Conveniently located just steps from top-rated schools, parks, shopping, and everyday amenities, with quick access to commuter routes. Enjoy being only a short drive from skiing, golf courses, and all that Barrie has to offer, making this an exceptional opportunity for families, investors, or those seeking additional income.
MississaugaInvestor.ca
2 Hook Court
Detached · 8bd/5ba · ~2,750 sqft
$999,999
Cash-Flow Report · July 31, 2026
Cap Rate
1.51%
Monthly Cash Flow
-$3,342/mo
Estimated Rent
$3,450/mo
Cash-on-Cash
-18.27%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,450 |
| Mortgage | −$4,603 |
| Property Tax | −$958 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$833 |
| Vacancy (5%) | −$173 |
| Cash Flow | -$3,342/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$41,400 |
| Vacancy (5%) | −$2,070 |
| Property Tax | −$11,500 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,000 |
| Annual NOI | $15,130 |
| Cap Rate | 1.51% |
Cash Required to Close
| Down Payment (20%) | $199,999.8 |
| Ontario Land Transfer Tax | $16,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,474.8 |
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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