79 Blake Street, Barrie

$649,000
79 Blake Street

$649,000

New
18d
Detached2 1/2 Storey

79 Blake Street, Barrie

Total Monthly Obligation $3,391

Beds
3
Baths
1
Park
2
Sqft
1100-1500
DOM
18d
Score
17
Yield
4.4%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-S13864128
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-33 × 88 ft
Listed on site-Oct 5, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$4,772 (2026)
Parking-2 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-PARKER COULTER REALTY BROKERAGE INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-North Shore
Title-Residential Freehold

No agent assigned

Welcome to this charming home nestled in one of Barrie's most sought-after neighbourhoods, just minutes from the downtown core and within walking distance to Kempenfelt Bay, the Barrie North Shore Trail, St. Vincent Square Park, local shops, restaurants, Johnson's Beach and everyday amenities. The inviting covered front porch leads into a welcoming foyer and a bright main floor featuring beautiful hardwood flooring throughout. The spacious living room is highlighted by a cozy gas fireplace with an elegant marble surround, creating the perfect place to relax. The updated eat-in kitchen is thoughtfully designed with stainless steel appliances, a gas range, farmhouse sink, stone countertops, pot lights, modern light fixtures, and sliding glass doors opening to a private deck with glass railings overlooking the fully fenced backyard. Upstairs, you'll find two comfortable bedrooms, an updated 4-piece bathroom, hardwood flooring, and a walk-in closet. A staircase continues to the impressive loft, offering a versatile space that would make an ideal primary bedroom retreat, home office, or additional living area while enjoying views of beautiful Kempenfelt Bay. The unfinished basement provides a dedicated laundry area along with excellent storage and future development potential. Outside, the property boasts outstanding curb appeal, private parking for two vehicles, a fully fenced backyard, and a beautiful deck with glass railings, creating the perfect setting for entertaining or enjoying the outdoors.

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

Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,391/mo
Mortgage $2,618
Monthly Loss $2,702
Principal$689
Interest$1,929
Property Tax$398
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
10.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$28,476/yr
NOI
$16,356/yr
Net Cash Flow
-$1,255/mo
Cash Margin
-52.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.5/ 100

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

Comparables

Properties near 79 Blake Street

Time

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