58 Lakeside Terrace 1101, Barrie

$529,000
58 Lakeside Terrace 1101

$529,000

New
9d
Condo ApartmentApartment

58 Lakeside Terrace 1101, Barrie

Total Monthly Obligation $3,232

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
9d
Score
17
Yield
5.2%
Cash on Cash
-7.9%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.7%
Property Type-Condo Apartment
MLS® Number-S14032532
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,980.23 (2026)
Maintenance-$732.8/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP INCENTIVE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster), Concrete
Possession-Negotiable
Neighbourhood-Little Lake
Title-Residential Condo & Other

No agent assigned

Perched on the 11th and top floor of LakeVu Condos, Unit 1101 is a two-bedroom residence where high ceilings and an open-concept layout create a bright, airy feel. The kitchen pairs thoughtful design with carefully selected upgrades, including quartz countertops and backsplash, a centre island, upgraded KitchenAid stainless steel appliances including an over-the-range microwave, pot-and-pan drawers, under-cabinet lighting and dimmable pot lights. Laminate flooring flows from the kitchen into the adjoining living area, where additional dimmable lighting and zebra blinds add a polished finishing touch. The private balcony extends the living space outdoors, offering an inviting place to enjoy the southwest-facing views of Little Lake and the evening sunsets. The primary bedroom has its own full ensuite, while a second full bathroom serves the rest of the suite. An upgraded stacked Electrolux washer and dryer adds convenience. Two separately owned, side-by-side storage lockers and a premium parking space in the heated underground garage provide welcome practicality. LakeVu's beautifully appointed ground-level lobby features a sculptural feature wall, contemporary fireplace, wood ceiling accents, comfortable lounge seating and concierge desk. Building amenities include a Fitness Room, Party Room, Pool Table Room, Management Office, Pet Spa, Guest Suite and Rooftop Lounge with BBQ Area overlooking Little Lake, along with visitor parking. Close to nature trails, North Barrie Crossing shopping and restaurants, Georgian College and Royal Victoria Regional Health Centre, with convenient access to Highway 400. A home that invites you to slow down, settle in, and enjoy the view.

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

Closing Costs

Mortgage Amount
$423,200
Land Transfer Taxes$7,055
Legal Fees (Est.)
$
Total cash required for closing$114,355

Total Monthly Obligation

$3,232/mo
Mortgage $2,134
Monthly Loss $2,670
Principal$562
Interest$1,572
Property Tax$165
Condo Fees$733
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
6.1%15
10-Year IRR
7.8%
Returns Index
8.6/ 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
$27,444/yr
NOI
$11,526/yr
Net Cash Flow
-$1,173/mo
Cash Margin
-51.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.0/ 100

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

Comparables

Properties near 58 Lakeside Terrace 1101

Time

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