144 Miller Drive, Barrie

$529,900
144 Miller Drive

$529,900

Price Change
50d
DetachedBungalow

144 Miller Drive, Barrie

Total Monthly Obligation $2,976

Beds
5
Baths
3
Park
4
Sqft
1100-1500
DOM
50d
Score
23
Yield
6.6%
Cash on Cash
2.3%
Cap Rate
5.1%
5Y IRR
17.4%
10Y IRR
16.1%
Property Type-Detached
MLS® Number-S13741718
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-80 × 200 ft
Listed on site-Sep 3, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,562 (2025)
Parking-5 - Attached
Basement-Apartment
Heating-Other (Other)
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-15-45 TBA
Neighbourhood-Edgehill Drive
Title-Residential Freehold

No agent assigned

Attention contractors/renovators! Great opportunity for wise buyers on the western edge of Barrie. 1288sf 3 bedroom Ranch style brick bungalow set into an 80X200ft 1/3 acre terraced lot! A work in progress. Demo has been done. No bathroom fixtures. Municipal water and septic. All baths have been gutted. No heating installed. Family sized kitchen with walkout to deck. Flexible living/dining combined for entertaining. 3 large bright bedrooms with closet. Walkout basement with separate apartment/guest suite. Fairytale Lot extensively landscaped with concrete walkways and stairs overlooking woods & rolling hills. 2 large outbuildings forworkshop/shed. One of a kind opportunity to create something special.

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

Closing Costs

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$2,976/mo
Mortgage $2,137
Monthly Loss $2,413
Principal$562
Interest$1,575
Property Tax$464
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%27
Cash-on-Cash
-3.6%3
5-Year IRR
12.9%56
10-Year IRR
12.9%
Returns Index
29.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$35,076/yr
NOI
$21,506/yr
Net Cash Flow
-$345/mo
Cash Margin
-11.8%0
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.8416
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
29.5/ 100

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

Comparables

Properties near 144 Miller Drive

Time

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Data last updated within the past 24 hours.