704- 56 Lakeside Terrace, Barrie
Barrie
$364,900
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by WEST-100 METRO VIEW REALTY LTD.
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
$1,700/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to LakeVu Condos in Barrie's sought-after Little Lake community, where lifestyle meets scenic surroundings. This beautiful suite offers bright, airy living with glimpses of the lake from your private balcony, perfect for enjoying your morning coffee or unwinding at sunset.Thoughtfully designed with a modern open-concept layout, this unit blends comfort and style seamlessly, making it ideal for both everyday living and entertaining. Large windows fill the space with natural light, creating a warm and inviting atmosphere throughout.Located in a well-managed building featuring premium amenities including a fully equipped gym and party room, you'll enjoy a resort-like lifestyle year round. Conveniently situated just minutes from Highway 400, Georgian College, shopping, restaurants, and transit, this location offers the perfect balance of accessibility and tranquility.Whether you're a first-time buyer, investor, or downsizer, this is an excellent opportunity to own in a desirable building with scenic views and a fantastic location.
MississaugaInvestor.ca
704- 56 Lakeside Terrace
Condo Apartment · 2bd/1ba · ~550 sqft
$364,900
Cash-Flow Report · August 3, 2026
Cap Rate
1.9%
Monthly Cash Flow
-$1,104/mo
Estimated Rent
$1,700/mo
Cash-on-Cash
-16.57%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,700 |
| Mortgage | −$1,680 |
| Property Tax | −$350 |
| Insurance | −$225 |
| Condo Fee | −$464 |
| Vacancy (5%) | −$85 |
| Cash Flow | -$1,104/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$20,400 |
| Vacancy (5%) | −$1,020 |
| Property Tax | −$4,196 |
| Insurance | −$2,700 |
| Condo Fee | −$5,568 |
| Annual NOI | $6,916 |
| Cap Rate | 1.9% |
Cash Required to Close
| Down Payment (20%) | $72,980 |
| Ontario Land Transfer Tax | $3,949 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $79,929 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.