
31 Bell Street, Barrie
Barrie
$599,000
Cash flow, cap rate & mortgage breakdown
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Listed by REAL BROKER ONTARIO LTD.
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
None Detected
Rent Estimate
$3,000/mo
Estimated from market price-to-rent ratios
Remarks
An amazing opportunity to get into Barrie's sought-after Ardagh Bluffs community. This home pairs a turnkey main level with three additional bedrooms already framed in the basement - set up for the next owner to finish and add significant value. Just over an hour from Toronto, this home works well for first-time buyers, right-sizers, or a growing family looking for room to expand over time. Inside, the main floor opens around a large kitchen with ample counter space, a gas stove, and a stainless steel appliance package including a recently added microwave range hood, washer, fridge, wine fridge and dishwasher. The living room, anchored by a cosy gas fireplace, flows through the dining area and out to a large back deck. The primary bedroom features an ensuite bathroom and a walk-in closet, and the second bedroom is served by a semi-ensuite and walkout to the deck. Updated windows keep the home bright and efficient. Downstairs, three additional bedrooms have been framed in and drywalled as the start of a full basement build-out. The layout, framing, and rough placement are set up cleanly for the next owner to complete - a real opportunity to add square footage and value without starting from scratch. Outside, the fully fenced backyard suits pets, kids, gardens, or summer entertaining, and the oversized single-car garage adds meaningful everyday storage .Ardagh Bluffs is one of Barrie's most family-friendly pockets, with scenic walking trails, well-regarded schools, and easy access to Highway 400 for the commute south.
MississaugaInvestor.ca
31 Bell Street
Detached · 5bd/2ba · ~1,300 sqft
$599,000
Cash-Flow Report · August 1, 2026
Cap Rate
3.11%
Monthly Cash Flow
-$1,205/mo
Estimated Rent
$3,000/mo
Cash-on-Cash
-11.02%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,000 |
| Mortgage | −$2,757 |
| Property Tax | −$574 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$499 |
| Vacancy (5%) | −$150 |
| Cash Flow | -$1,205/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,000 |
| Vacancy (5%) | −$1,800 |
| Property Tax | −$6,889 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$5,990 |
| Annual NOI | $18,621 |
| Cap Rate | 3.11% |
Cash Required to Close
| Down Payment (20%) | $119,800 |
| Ontario Land Transfer Tax | $8,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,255 |
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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