514 Grove Street E, Barrie

$630,000
514 Grove Street E

$630,000

New
10d
Detached2-Storey

514 Grove Street E, Barrie

Total Monthly Obligation $3,479

Beds
7
Baths
4
Park
4
Sqft
2500-3000
DOM
10d
Score
22
Yield
6.4%
Cash on Cash
1.3%
Cap Rate
4.9%
5Y IRR
16.6%
10Y IRR
15.4%
Property Type-Detached
MLS® Number-S14034074
Beds-7
Bathrooms-4
Size-2500-3000 sqft
Lot Size-50.62 × 109.92 ft
Listed on site-Oct 13, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,748 (2025)
Parking-6 - Built-In
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-REALTY WEALTH GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Grove East
Title-Residential Freehold

No agent assigned

Welcome to this Beautiful Detached Home in Barrie, Featuring a Double-Car Garage and Spacious, Thoughtfully Designed Living Areas. This Exceptional Property Offers 4 Generously Sized Bedrooms Plus a Versatile Main-Floor Den, Perfect for a Home Office. The Inviting Family Room Features a Cozy Wood-Burning Fireplace and Seamlessly Connects to the Well-appointed Kitchen, Complete with a Granite Countertop Island. A Separate Dining Area with Large Windows Creates a Bright and Welcoming Space for Family Gatherings and Entertaining. The Spacious Primary Bedroom Boasts a Walk-in Closet and a 4-piece Ensuite. The Fully Furnished Basement Offers an Open-Concept Layout with a Separate Entrance, Kitchen, 3 Additional Bedrooms, and a Den - Providing Excellent Flexibility for Extended family, Guests, or Potential Rental Income. Legal Basement Apartment

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

Closing Costs

Mortgage Amount
$504,000
Land Transfer Taxes$9,075
Legal Fees (Est.)
$
Total cash required for closing$136,575

Total Monthly Obligation

$3,479/mo
Mortgage $2,541
Monthly Loss $2,810
Principal$669
Interest$1,873
Property Tax$562
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.4%53
10-Year IRR
12.5%
Returns Index
27.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$40,056/yr
NOI
$24,802/yr
Net Cash Flow
-$474/mo
Cash Margin
-14.2%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
26.0/ 100

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

Comparables

Properties near 514 Grove Street E

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.

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Data last updated within the past 24 hours.