4 Spice Way 312, Barrie

$399,900
4 Spice Way 312

$399,900

New
25d
Condo ApartmentApartment

4 Spice Way 312, Barrie

Total Monthly Obligation $2,466

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
800-899
DOM
25d
Score
20
Yield
6.3%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Apartment
MLS® Number-S13840548
Bed+Den-2+1
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,045 (2025)
Maintenance-$399/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS BARRIE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding
Possession-TBD
Neighbourhood-Rural Barrie Southeast
Title-Residential Condo & Other

No agent assigned

Welcome to 4 Spice Way 312, one of the newest condos in this sought-after south Barrie community, built in 2022. This thoughtfully upgraded 1-bedroom plus den offers real flexibility for today's buyer: the open-concept great room and kitchen feature upgraded cabinetry and a kitchen island, while the separate den makes an excellent private home office or creative studio, ideal for anyone working remotely. The spacious primary bedroom offers comfortable storage; in-suite laundry and one owned parking space add everyday convenience. North-facing exposure keeps the private balcony, complete with a gas BBQ hookup, bright without summer heat gain. Residents enjoy full building amenities like a fitness centre, outdoor BBQ courtyards, and a playground, all just minutes to Highway 400 and adjacent to the Barrie South GO Station for an easy commute. As one of the newest builds in this corridor, this is a smart entry point for first-time buyers, remote professionals, down-sizers, or investors. Move-in ready and thoughtfully upgraded, priced to sell.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,466/mo
Mortgage $1,613
Monthly Loss $2,041
Principal$424
Interest$1,189
Property Tax$254
Condo Fees$399
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.4%31
10-Year IRR
10.3%
Returns Index
16.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$25,056/yr
NOI
$12,317/yr
Net Cash Flow
-$587/mo
Cash Margin
-28.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
31.1/ 100

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

Comparables

Properties near 4 Spice Way 312

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.