
94 Sandringham Drive, Barrie
Barrie
$749,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK CHAY REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Legal Suite (+$1,700/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
This is an all brick home (Snowy Owl Model) with a 2 car garage and is situated in an excellent area close to all amenities and the Go Train Station. The basement is set up perfectly for an in-law residence, perfect for family expansion (this is not a legal apartment, but likely would be a good candidate to legalize) Until recently the owner lived in the basement and the mother had lived upstairs but has since passed away (not in home).Please note that all the existing furniture upstairs and downstairs can remain if Buyer wants it and if the Buyer does not want the furniture the Seller will have it removed. Energy efficient natural gas heating and central air conditioning. Outside entry door to lower level entering into Laundry area. All appliances both upstairs and downstairs will remain, 2 fridges, 2 stoves, 2 dishwashers, washer & dryer( ALL Appliances are included in AS IS Condition, all are presently in good working order), 2 garage door openers with remotes. Prime South End location in a family friendly neighborhood, minutes to the waterfront, close to the Go Train, commuters dream location with easy access to Highway 400 and ample restaurants and shopping.
MississaugaInvestor.ca
94 Sandringham Drive
Detached · 5bd/2ba · ~1,300 sqft
$749,900
Cash-Flow Report · July 31, 2026
Cap Rate
4.1%
Monthly Cash Flow
-$889/mo
Estimated Rent
$4,350/mo
Cash-on-Cash
-6.49%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,350 |
| Mortgage | −$3,452 |
| Property Tax | −$719 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$625 |
| Vacancy (5%) | −$218 |
| Cash Flow | -$889/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,200 |
| Vacancy (5%) | −$2,610 |
| Property Tax | −$8,624 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,499 |
| Annual NOI | $30,767 |
| Cap Rate | 4.1% |
Cash Required to Close
| Down Payment (20%) | $149,980 |
| Ontario Land Transfer Tax | $11,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $164,453 |
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
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