33 Ellen Street 602, Barrie

$824,999
33 Ellen Street 602

$824,999

New
35d
Condo Apartment1 Storey/Apt

33 Ellen Street 602, Barrie

Total Monthly Obligation $5,220

Bed+Den
3+1
Baths
2
Park
2
Sqft
1200-1399
DOM
35d
Score
15
Yield
5.4%
Cash on Cash
-8.8%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.2%
Property Type-Condo Apartment
MLS® Number-S13804230
Bed+Den-3+1
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 18, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$8,721.8 (2026)
Maintenance-$965.49/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK CHAY REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Roof-Flat
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Lakeshore
Title-Residential Condo & Other

No agent assigned

Beautiful 2 bedroom plus den, 2 bathroom 1,381 sq ft Bermuda model at the Nautica. Amazing Northeast view of Marina, Kempenfelt Bay and the stunning skyline. Bright open concept living and dining room combination. Living room provides a fantastic view of the bay. This suite has many upgrades which provide for full height kitchen cabinets, granite counters, white appliances, built-in over stove microwave, tile backsplash, under mount lighting, double sinks, and loads of cabinetry including a large pantry and a breakfast bar with seating. Hardwood floors through the living and dining area, 9 ft ceilings, pot lights, ceramic floors, separate laundry area with storage. The den provides for a dedicated dining room or additional tv area/office. Large four piece ensuite bath with separate walk-in shower and corner jetted soaker tub. The spacious primary bedroom has a walk-in closet along with 2 additional storage closets. Full 4-piece main bath perfect for guests to enjoy. Immaculate care, move in ready. Two underground parking and exclusive locker. Amazing rec facilities indoor pool, hot tub, gym, library, two party rooms, & games room. Extensive social activities include Friday night Happy Hour, Euchre and Bridge, Golf Tournament, Yoga and much more. Steps to the beach, park, walk/bike trails, restaurants, Go Train, bus & downtown. Amazing location and a wonderful place to call home!

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

Closing Costs

Mortgage Amount
$659,999
Land Transfer Taxes$12,975
Legal Fees (Est.)
$
Total cash required for closing$179,475

Total Monthly Obligation

$5,220/mo
Mortgage $3,328
Monthly Loss $4,344
Principal$876
Interest$2,452
Property Tax$727
Condo Fees$965
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.9%14
10-Year IRR
7.6%
Returns Index
8.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$44,472/yr
NOI
$17,317/yr
Net Cash Flow
-$1,885/mo
Cash Margin
-50.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
16.8/ 100

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

Comparables

Properties near 33 Ellen Street 602

Time

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