
255 Pringle Drive, Barrie
Barrie
$759,000
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP INCENTIVE REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,200/mo
Estimated from market price-to-rent ratios
Remarks
A MUST SEE home to appreciate the pride in ownership in this beautifully appointed and very well maintained property. Curb appeal plus with landscaping and an inviting verandah. 2650 sq of finished living space. Stepping inside you feel the warmth and love of this family home. Separate dining, oversized kitchen with newer appliances and a bright living area with a cozy corner gas fireplace. Walk out from the breakfast area to a magnificent backyard. Landscaped with different areas to enjoy. Fully fenced and very private this is a great retreat to sit and read a book, enjoying a nice crackling fire, relax in the hot tub or enjoy your private little pond. Abundant with ferns and pretty gardens. Inside entry from the garage to the laundry and a 2 piece powder room complete the main floor layout. Upper level prepared to be wowed with an amazing primary suite featuring a ship lap feature wall, walk in closet and a remodeled spacious ensuite with his & her vanities. 2 spacious bedrooms and the remodeled 4 piece bathroom complete this floor. Lower level is not your typical basement. BRIGHT with big look out windows this space offers an extra bedroom/bath and the Spa area could be a 5th bedroom, games room, rec room or media room. All the windows and sliding door on the back of this home were replaced 2025. Bathrooms were refurbished in 2021. Newer roof, furnace replaced 2019. Stainless fridge in kitchen brand new May 2026 Turn key and ready for your family and enjoyment.
MississaugaInvestor.ca
255 Pringle Drive
Detached · 5bd/4ba · ~1,750 sqft
$759,000
Cash-Flow Report · August 1, 2026
Cap Rate
2.3%
Monthly Cash Flow
-$2,039/mo
Estimated Rent
$3,200/mo
Cash-on-Cash
-14.7%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,200 |
| Mortgage | −$3,494 |
| Property Tax | −$727 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$633 |
| Vacancy (5%) | −$160 |
| Cash Flow | -$2,039/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$38,400 |
| Vacancy (5%) | −$1,920 |
| Property Tax | −$8,729 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,590 |
| Annual NOI | $17,461 |
| Cap Rate | 2.3% |
Cash Required to Close
| Down Payment (20%) | $151,800 |
| Ontario Land Transfer Tax | $11,655 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $166,455 |
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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