16 Esther Drive, Barrie

$635,000
16 Esther Drive

$635,000

Price Change
18d
DetachedBungalow

16 Esther Drive, Barrie

Total Monthly Obligation $3,301

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
18d
Score
19
Yield
4.9%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Detached
MLS® Number-S13861608
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-40.39 × 112.7 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$4,376 (2026)
Parking-4 - Attached
Basement-Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-ZOLO REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Painswick South
Title-Residential Freehold

No agent assigned

An opportunity with options! This well-maintained south Barrie bungalow offers two distinct living spaces, each with its own kitchen, creating excellent flexibility for first-time buyers, downsizers, retirees or multi-generational families.The main level offers convenient one-level living with 2 bedrooms, a full bathroom, bright living space and kitchen, while the finished lower level features its own separate entrance, kitchen, bedroom, bathroom and living space. It's an ideal setup for extended family, adult children, guests or anyone wanting additional private living space.Located in Barrie's desirable south end close to shopping, restaurants, parks, schools and commuter routes, with an attached garage and parking for four vehicles. A versatile bungalow with so many ways to make it work for you. Book a showing today.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$508,000
Land Transfer Taxes$9,175
Legal Fees (Est.)
$
Total cash required for closing$137,675

Total Monthly Obligation

$3,301/mo
Mortgage $2,561
Monthly Loss $2,627
Principal$674
Interest$1,887
Property Tax$365
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%29
10-Year IRR
9.9%
Returns Index
15.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$31,368/yr
NOI
$19,355/yr
Net Cash Flow
-$948/mo
Cash Margin
-36.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.7/ 100

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

Comparables

Properties near 16 Esther 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.