181 Napier Street, Barrie

$549,900
181 Napier Street

$549,900

New
35d
Detached1 1/2 Storey

181 Napier Street, Barrie

Total Monthly Obligation $2,911

Beds
2
Baths
1
Park
2
Sqft
700-1100
DOM
35d
Score
17
Yield
4.0%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-S13802164
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-50 × 103 ft
Listed on site-Sep 18, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,812 (2025)
Parking-3 - Detached
Basement-Crawl Space
Heating-Other (Gas)
Brokerage-ROYAL LEPAGE FIRST CONTACT REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Codrington
Title-Residential Freehold

No agent assigned

ATTENTION FIRST TIME BUYERS & DOWNSIZERS. Nestled on a quiet, tree-lined street in North East Barrie's highly sought-after Codrington neighborhood, this beautifully updated, turn-key home offers the ideal blend of modern sophistication and cozy comfort just steps from the lake, local parks, top-rated schools, and RVH. The main level showcases a bright, functional layout featuring a sleek, fully renovated bathroom, a cozy den, and a modernized kitchen equipped with chic cabinetry, stunning new countertops, premium appliances, and a space-saving European-style all-in-one washer/dryer unit. Upstairs, two private bedrooms provide a serene retreat away from the main living area. Brand-new sliding doors off the den lead directly to modern decking and an expansive, fully fenced backyard complete with a direct gas BBQ line and a firepit area set under mature trees-perfect for summer entertaining. Complete with a private driveway with no sidewalk interference and a single detached garage for extra storage or a workshop, this home delivers an effortless lifestyle upgrade in one of Barrie's premier community-oriented neighborhoods. Walk to Johnson Beach, convenient amenities and downtown.

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,911/mo
Mortgage $2,218
Monthly Loss $2,327
Principal$584
Interest$1,634
Property Tax$318
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.6%13
10-Year IRR
7.3%
Returns Index
7.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$21,972/yr
NOI
$11,463/yr
Net Cash Flow
-$1,263/mo
Cash Margin
-69.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
26.2/ 100

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

Comparables

Properties near 181 Napier Street

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.

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Data last updated within the past 24 hours.