2- 22 Meadow Lane, Barrie
Barrie
$340,000
Cash flow, cap rate & mortgage breakdown
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Listed by KELLER WILLIAMS REALTY CENTRES
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,000/mo
Estimated from market price-to-rent ratios
Remarks
Affordable 2-storey condo in the highly desirable Ardagh community! Offering just over 1,200 sq. ft. of bright living space with 3 bedrooms, this home is perfect for first-time buyers, downsizers, or investors. Enjoy two recently updated balconies-one off the main floor and another off the spacious primary bedroom-providing plenty of natural light and great outdoor space. A playground is located directly across the street, and you'll love the great proximity to the scenic Ardagh Bluffs trails. Includes 1 exclusive parking space plus lots of designated visitor parking nearby. Great amenities include an outdoor pool, exercise room, sauna, tennis court, and playground, with water and building insurance included in the condo fees. Conveniently located just 3 minutes to Hwy 400 and 10 minutes to Barrie's waterfront, with shopping, schools, and everyday amenities close by. Great value in one of Barrie's most sought-after neighbourhoods!
MississaugaInvestor.ca
2- 22 Meadow Lane
Condo Apartment · 3bd/1ba · ~1,300 sqft
$340,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.24%
Monthly Cash Flow
-$648/mo
Estimated Rent
$2,000/mo
Cash-on-Cash
-10.43%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,000 |
| Mortgage | −$1,565 |
| Property Tax | −$326 |
| Insurance | −$225 |
| Condo Fee | −$432 |
| Vacancy (5%) | −$100 |
| Cash Flow | -$648/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,000 |
| Vacancy (5%) | −$1,200 |
| Property Tax | −$3,910 |
| Insurance | −$2,700 |
| Condo Fee | −$5,184 |
| Annual NOI | $11,006 |
| Cap Rate | 3.24% |
Cash Required to Close
| Down Payment (20%) | $68,000 |
| Ontario Land Transfer Tax | $3,575 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $74,575 |
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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