
468 Grove Street, Barrie
Barrie
$675,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
5
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,850/mo
Estimated from market price-to-rent ratios
Remarks
AFFORDABLE FAMILY LIVING WITH MODERN UPDATES, A LARGE, PRIVATE BACKYARD, & AN UNBEATABLE NORTH-EAST BARRIE ADDRESS! Step into homeownership in this spacious family home in Barrie's desirable north-east end, offering exceptional value at under $700,000 and plenty of opportunity to build equity. Ideally located close to commuter routes, schools, RVH, Georgian College, shopping, parks, and directly across from Eastview Arena and sports fields, this home also places you less than five minutes from Johnson's Beach, the North Shore Trail, and the stunning shores of Kempenfelt Bay. The main floor is designed for everyday living with a spacious eat-in kitchen featuring updated quartz countertops, a stylish backsplash, pot lights, a bright breakfast area overlooking the backyard, and a walkout. A separate dining and living room with a sunny front bay window creates an inviting space for entertaining, while the cozy family room with a gas fireplace is ideal for relaxing evenings. Enjoy the convenience of a main floor powder room and laundry with inside entry from the attached double garage. Upstairs, you'll find three generous bedrooms, including a primary retreat complete with a bright bay window, private 4-piece ensuite, and a walk-in closet, along with an additional 4-piece bath. The partially finished lower level expands your living space with a rec room, office or den, and an additional bedroom with its own ensuite, creating an ideal setup for guests, extended family, or teens seeking extra privacy. Outside, the large lot offers mature trees for added privacy, established garden beds, and plenty of green space to enjoy time with family and friends. Complete with a private double driveway, a carpet-free interior with newer luxury vinyl flooring, and updated shingles, this is an incredible chance to secure an affordable #HomeToStay in a location that truly has it all!
MississaugaInvestor.ca
468 Grove Street
Detached · 4bd/5ba · ~1,750 sqft
$675,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.26%
Monthly Cash Flow
-$1,835/mo
Estimated Rent
$2,850/mo
Cash-on-Cash
-14.88%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,850 |
| Mortgage | −$3,107 |
| Property Tax | −$647 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$563 |
| Vacancy (5%) | −$143 |
| Cash Flow | -$1,835/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,200 |
| Vacancy (5%) | −$1,710 |
| Property Tax | −$7,763 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,750 |
| Annual NOI | $15,277 |
| Cap Rate | 2.26% |
Cash Required to Close
| Down Payment (20%) | $135,000 |
| Ontario Land Transfer Tax | $9,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $147,975 |
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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