245 Browning Trail, Barrie

$649,000
245 Browning Trail

$649,000

New
17d
Att/Row/Townhouse2-Storey

245 Browning Trail, Barrie

Total Monthly Obligation $3,323

Beds
3
Baths
2
Park
1
Sqft
1100-1500
DOM
17d
Score
18
Yield
4.6%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Att/Row/Townhouse
MLS® Number-S13865258
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40.67 × 115 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,967 (2025)
Parking-2 - Attached
Basement-Full, Finished
Heating-Forced Air (Electric)
Brokerage-BAY STREET GROUP INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Letitia Heights
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated freehold townhouse in the heart of Barrie's family-friendly Letitia Heights! Situated on a rare corner lot with double frontage, this move-in-ready home offers the perfect combination of style, comfort, and value with no monthly maintenance fees. | Completely renovated in 2023 from top to bottom, this home has been thoughtfully updated with quality finishes and major mechanical upgrades, including a new furnace (2023), hot water tank (2023), water softener (2023), EV charger in the garage (2023), heat pump (2024), new refrigerator (2025), and upgraded attic insulation (2026), giving you peace of mind for years to come. | The bright open-concept main floor is ideal for everyday living and entertaining. The modern kitchen features a large island, sleek countertops, stainless steel appliances, and plenty of cabinetry, flowing seamlessly into the spacious living and dining areas with a walkout to a large deck overlooking the fully fenced backyard, perfect for kids, pets, family gatherings, and summer BBQs. | Upstairs, you will find three generous bedrooms, including a spacious primary bedroom with a large closet, along with a beautifully updated 4-piece bathroom. The finished basement provides valuable additional living space with a recreation room, a second full 4-piece bathroom, and endless possibilities for a home office, gym, media room, or play area. | Located just steps to Lampman Lane Park, splash pad, community centre, Andrew Hunter Public School, shopping, restaurants, parks, and everyday amenities. Minutes to downtown Barrie, Centennial Beach, Barrie's waterfront, walking trails, Barrie Transit, and convenient Highway 400 access. | Whether you are a first-time buyer, growing family, or investor, this beautifully updated freehold home is a fantastic opportunity to enjoy modern living in one of Barrie's most established and welcoming neighbourhoods. Just move in and start making memories! Come and stay today!

$
$
%
%
$
$
$
(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

$3,323/mo
Mortgage $2,618
Monthly Loss $2,635
Principal$689
Interest$1,929
Property Tax$331
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.3%25
10-Year IRR
9.2%
Returns Index
13.5/ 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
$29,784/yr
NOI
$18,339/yr
Net Cash Flow
-$1,090/mo
Cash Margin
-43.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.587
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.3/ 100

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

Comparables

Properties near 245 Browning Trail

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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.