19- 41 Coulter Street, Barrie
Barrie
$374,990
Cash flow, cap rate & mortgage breakdown
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Listed by KINGSWAY REAL ESTATE
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,750/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this bright and spacious 2-bedroom, 1-bathroom condo in the highly desirable Sunnidale neighbourhood of Barrie. Lovingly maintained by its original owners, this estate sale presents a rare opportunity to own a well-cared-for home that's ready to enjoy or personalize to your taste. The functional open-concept layout offers approximately 972 sq. ft. of comfortable living space, featuring a generous living and dining area filled with natural light, two well-sized bedrooms, a full 4-piece bathroom, in-suite laundry, and a private balcony perfect for enjoying your morning coffee or unwinding at the end of the day. An exclusive parking space and dedicated storage locker provide the convenience and extra storage every homeowner appreciates. Ideally located at 41 Coulter Street, you'll be just minutes from parks, walking trails, shopping, restaurants, public transit, Royal Victoria Regional Health Centre, Georgian Mall, and Highway 400. Whether you're a first-time buyer, downsizer, or investor, this is an outstanding opportunity to own in one of Barrie's most convenient and established communities.
MississaugaInvestor.ca
19- 41 Coulter Street
Condo Apartment · 2bd/1ba · ~950 sqft
$374,990
Cash-Flow Report · August 1, 2026
Cap Rate
1.45%
Monthly Cash Flow
-$1,274/mo
Estimated Rent
$1,750/mo
Cash-on-Cash
-18.62%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,750 |
| Mortgage | −$1,726 |
| Property Tax | −$359 |
| Insurance | −$225 |
| Condo Fee | −$626 |
| Vacancy (5%) | −$88 |
| Cash Flow | -$1,274/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$21,000 |
| Vacancy (5%) | −$1,050 |
| Property Tax | −$4,312 |
| Insurance | −$2,700 |
| Condo Fee | −$7,512 |
| Annual NOI | $5,426 |
| Cap Rate | 1.45% |
Cash Required to Close
| Down Payment (20%) | $74,998 |
| Ontario Land Transfer Tax | $4,100 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $82,098 |
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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