45 Grove Street W, Barrie

$599,999
45 Grove Street W

$599,999

New
30d
Detached1 1/2 Storey

45 Grove Street W, Barrie

Total Monthly Obligation $3,258

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
30d
Score
18
Yield
4.8%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Detached
MLS® Number-S13822934
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-60.01 × 133 ft
Listed on site-Sep 23, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-31-50
Taxes-$5,548 (2025)
Parking-5 - Detached
Basement-Crawl Space, Unfinished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 B.J. ROTH REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-South
Exterior-Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Queen's Park
Title-Residential Freehold

No agent assigned

Country-Sized Living in the Heart of the City! Discover a rare combination of space, privacy and convenience at 45 Grove Street West. Tucked away on an oversized, mature lot, this charming and spacious 1.5-storey, three-bedroom, office, and 2 bathroom home offers the peaceful feel of country living while remaining just minutes from Barrie's waterfront, downtown, schools, parks, shopping, restaurants and Highway 400.At the rear of the home, a bright year-round sunroom overlooks the expansive backyard, creating a peaceful place to relax and enjoy the beautiful surroundings in every season. Inside, the versatile floor plan features two separate living/family areas, providing plenty of room for family life, entertaining or a dedicated work-from-home space.The home is filled with warmth and character, including hardwood flooring, a beautiful wood staircase with wrought-iron spindles, and a unique loft-style upper-level bedroom with its own ensuite.Numerous updates have been completed over the years, including the kitchen, bathroom, windows, furnace, water softener and tankless on-demand hot water system. All equipment is owned, with no rental contracts.Outside, the property continues to impress with a spacious heated garage and driveway parking for up to five vehicles-an excellent setup for hobbyists, contractors, recreational equipment or households requiring additional parking and workspace.

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

Closing Costs

Mortgage Amount
$479,999
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$3,258/mo
Mortgage $2,420
Monthly Loss $2,621
Principal$637
Interest$1,783
Property Tax$462
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.7%21
10-Year IRR
8.8%
Returns Index
12.0/ 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
$28,788/yr
NOI
$15,861/yr
Net Cash Flow
-$1,098/mo
Cash Margin
-45.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
24.4/ 100

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

Comparables

Properties near 45 Grove Street W

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.