38 Masters Drive, Barrie

$798,800
38 Masters Drive

$798,800

Price Change
56d
Detached2-Storey

38 Masters Drive, Barrie

Total Monthly Obligation $4,076

HausQ Valuation Report
Beds
5
Baths
4
Park
4
Sqft
2000-2500
DOM
56d
Score
18
Yield
4.9%
Cash on Cash
-3.4%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Detached
MLS® Number-S13723720
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-40.19 × 108.29 ft
Listed on site-Aug 28, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,746 (2025)
Parking-6 - Attached
Basement-Apartment, Finished, Full, Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-East Bayfield
Title-Residential Freehold

No agent assigned

WELCOME TO 38 MASTERS DR, LOCATED IN A FAMILY ORIENTED NEIGHBORHOOD, WITH LARGE WINDOWS AND A WALKOUT BASEMENT PROVIDES BRIGHT NATURE SUNLIGHTING, WITH A 2 BEDROOM BASEMENT APARTMENT AND A SEPARATE ENTRANCE, NEW ROOF FURNACE AND AC INSTALLED 4 YEARS AGO FENCED BACKYARD CLOSE TO ALL AMENITIES, SCHOOL, SHOPPING AND PARKS. TENANTS WILLING TO STAY IF NEEDED.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$639,040
Land Transfer Taxes$12,451
Legal Fees (Est.)
$
Total cash required for closing$173,711

Total Monthly Obligation

$4,076/mo
Mortgage $3,222
Monthly Loss $3,228
Principal$848
Interest$2,374
Property Tax$479
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.4%31
10-Year IRR
10.1%
Returns Index
16.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$39,204/yr
NOI
$25,038/yr
Net Cash Flow
-$1,136/mo
Cash Margin
-34.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo37
Risk Index
21.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 38 Masters Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.