233 Innisfil Street 4, Barrie

$465,000
233 Innisfil Street 4

$465,000

New
9d
Condo Townhouse2-Storey

233 Innisfil Street 4, Barrie

Total Monthly Obligation $2,679

Beds
3
Baths
2
Park
2
Sqft
1000-1199
DOM
9d
Score
20
Yield
5.7%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Condo Townhouse
MLS® Number-S14030634
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$2,421.38 (2026)
Maintenance-$401.49/mo
Locker-None
Parking-2 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Allandale Centre
Title-Residential Condo & Other

No agent assigned

SIMPLIFY YOUR MAINTENANCE WITHOUT DOWNSIZING YOUR LIFESTYLE! This end-unit condo townhouse delivers far more than low-maintenance living, with spacious rooms, a finished basement and several important updates already completed. The recently updated kitchen features extensive white cabinetry, crown moulding, stainless steel appliances, a subway tile backsplash and ample counter space, while a large window over the sink brings natural light into the workspace. A pass-through to the dining area keeps the kitchen open to the conversation, and the adjoining living and dining space comfortably accommodates a full dining set alongside a generous seating area. All three bedrooms are together on the second floor, along with a fully remodelled 4-piece bathroom featuring a modern vanity, updated fixtures and an LED mirror. The finished basement adds a large rec room with a dry bar for game nights, movie marathons or catching the Leafs. When summer arrives, the large deck is ready for dinners outside and barbecues, while perennial gardens and mature greenery surround the fenced yard. An updated roof, upgraded insulation and newer windows address several important improvements, while central vac and a water purifier add useful extras. Two parking spaces are available, with one included and the second currently rented for an additional monthly fee, plus visitor parking for guests. Kempenfelt Bay, Centennial Park, the Allandale Waterfront GO Station, downtown Barrie, Highway 400, shopping and restaurants are all just minutes away.

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

Closing Costs

Mortgage Amount
$372,000
Land Transfer Taxes$5,775
Legal Fees (Est.)
$
Total cash required for closing$100,275

Total Monthly Obligation

$2,679/mo
Mortgage $1,876
Monthly Loss $2,185
Principal$494
Interest$1,382
Property Tax$202
Condo Fees$401
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.2%30
10-Year IRR
10.1%
Returns Index
16.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$26,448/yr
NOI
$14,164/yr
Net Cash Flow
-$695/mo
Cash Margin
-31.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
29.1/ 100

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

Comparables

Properties near 233 Innisfil Street 4

Time

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