49 Park Street, Barrie

$682,500
49 Park Street

$682,500

New
16d
Detached2-Storey

49 Park Street, Barrie

Total Monthly Obligation $3,452

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
16d
Score
18
Yield
4.4%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.4%
Property Type-Detached
MLS® Number-S13872204
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-99 × 54 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$3,882 (2026)
Parking-4 - None
Basement-Exposed Rock, Half, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX CROSSTOWN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Immefiate
Neighbourhood-Queen's Park
Title-Residential Freehold

No agent assigned

Stunning updated 100+ century home w classic 9' ceilings on corner lot in Barrie's historic Queen's Park subdivision w RM2 zoning allowing multi family potential(3 meter bases already installed). Short walk to vibrant waterfront, parks & shopping. With over $120,000 in major updates - all big ticket items done. The main level has a classic formal dining room w beautiful original wainscotting & trim, plus a new country size eat-in kitchen w lots of cupboard & counter space. The kitchen flows seamlessly to the fenced landscaped side yard w unistone walk path & back covered traditional porch w lighting & ceiling fan, plus also leads to the handy back door mud room which is insulated & has hydro. From the kitchen you walk into formal dining room & also see your front door plus side yard for viewing children & guests. Bonus: on this floor is a large living room w ensuite. (This cd be 4th bdrm w ensuite). The entire living room & dining room plus the hallway ceiling were gutted to the studs and rebuilt while keeping the original wainscotting and trim. Both bathrooms & laundry created in 2015. (living room ensuite freshly remodeled this April 2026). Upstairs has 3 good size bedrooms all with closets - smaller room fully gutted to studs(2015). One bedroom still has the cinderella door facing front of the house. Outside you will enjoy fenced yard w mature lilac bushes, smoke bush, hydrangea, mountain ash tree & unistone pathway. The basement is high & dry w stone walls pored cement floor & plenty of storage space. Driveway & curb widened to double holds 4 vehicles. 1 quality shed stays. Updates: see attachment for list - kitchen 2026 - entire main floor flooring - furnace 2015 - all exterior doors - ALL electrical & plumbing entire house - all windows(exclude 1) - A/C 10 yrs - updated water line to street - updated meter - 25 year shingles May 2011 - Mud room gutted 2020(electrical insulated lights shingles ice & shield). Central Vac roughed in(no unit). Move in enjoy.

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

Closing Costs

Mortgage Amount
$546,000
Land Transfer Taxes$10,125
Legal Fees (Est.)
$
Total cash required for closing$148,125

Total Monthly Obligation

$3,452/mo
Mortgage $2,753
Monthly Loss $2,727
Principal$724
Interest$2,029
Property Tax$324
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%23
10-Year IRR
9.0%
Returns Index
12.7/ 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
$30,120/yr
NOI
$18,726/yr
Net Cash Flow
-$1,193/mo
Cash Margin
-47.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.4/ 100

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

Comparables

Properties near 49 Park Street

Time

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