58 Goodwin Drive, Barrie

$569,900
58 Goodwin Drive

$569,900

New
22d
Att/Row/Townhouse2-Storey

58 Goodwin Drive, Barrie

Total Monthly Obligation $3,020

Beds
3
Baths
3
Park
3
Sqft
1100-1500
DOM
22d
Score
21
Yield
5.5%
Cash on Cash
-1.1%
Cap Rate
4.4%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Att/Row/Townhouse
MLS® Number-S13848510
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-19.69 × 131.23 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$4,153.04 (2026)
Parking-4 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Immediate
Neighbourhood-Painswick South
Title-Residential Freehold

No agent assigned

Welcome to 58 Goodwin Drive! This well-maintained 3-bedroom, 2.5-bath freehold townhome offers a functional layout with comfortable living space across three levels. Freshly and professionally painted throughout, the home features updated lighting, a bright living and dining area, and a finished basement with a spacious open-concept recreation room plus separate laundry and storage space. The kitchen offers convenient access to the backyard, complete with a gas line for the BBQ. Upstairs, you'll find three well-sized bedrooms, including a primary bedroom with semi-ensuite access. Recent improvements provide added peace of mind and include upgraded attic insulation to R60 standards, a 2022 dishwasher, a 2019 over-the-range microwave, and a furnace replaced in 2018, plus annual furnace and A/C servicing. Enjoy a backyard with no neighbours directly behind, backing onto a walking trail and parkette. With a practical floor plan, finished basement, and numerous thoughtful updates, this well-maintained home is move-in ready. Ideally located in southeast Barrie, this home is within walking distance to grocery stores, schools, parks, and everyday amenities. Barrie South GO and Highway 400 are just minutes away, making commuting and getting around convenient. A great opportunity to own a freehold home in a well-connected neighbourhood.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$455,920
Land Transfer Taxes$7,873
Legal Fees (Est.)
$
Total cash required for closing$123,353

Total Monthly Obligation

$3,020/mo
Mortgage $2,299
Monthly Loss $2,415
Principal$605
Interest$1,694
Property Tax$346
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.5%39
10-Year IRR
11.0%
Returns Index
20.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$31,416/yr
NOI
$19,621/yr
Net Cash Flow
-$664/mo
Cash Margin
-25.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
27.4/ 100

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

Comparables

Properties near 58 Goodwin Drive

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.