503 Grove Street E, Barrie

$759,900
503 Grove Street E

$759,900

New
9d
Detached2-Storey

503 Grove Street E, Barrie

Total Monthly Obligation $3,872

Beds
7
Baths
5
Park
4
Sqft
2000-2500
DOM
9d
Score
19
Yield
5.1%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-S14080094
Beds-7
Bathrooms-5
Size-2000-2500 sqft
Lot Size-49.22 × 109.91 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$5,181.14 (2025)
Parking-6 - Attached
Basement-Finished, Full, Walk-Up, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Grove East
Title-Residential Freehold

No agent assigned

Top 5 Reasons You Will Love This Home: 1) Exceptionally spacious family home offering an impressive seven bedrooms, providing incredible flexibility for large families, multi-generational living, or accommodating guests with ease 2) Expansive main level thoughtfully designed with multiple generous living spaces creating the perfect setting for everyday family life, entertaining, and gathering with loved ones 3) Situated on an almost 50' wide lot, offering a spacious outdoor setting with plenty of room for children to play, gardening, or future landscaping possibilities 4) Separate basement entrance complemented by a second kitchen, presenting outstanding potential for extended family living, an in-law suite, or additional versatility to suit your lifestyle 5) Featuring four full bathrooms thoughtfully distributed throughout the home, providing exceptional comfort and convenience for busy households and overnight guests. 2,378 above grade sq.ft. plus a finished basement. *Please note some images have been virtually staged to show the potential of the home.

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

Closing Costs

Mortgage Amount
$607,920
Land Transfer Taxes$11,673
Legal Fees (Est.)
$
Total cash required for closing$165,153

Total Monthly Obligation

$3,872/mo
Mortgage $3,065
Monthly Loss $3,065
Principal$807
Interest$2,259
Property Tax$432
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$38,868/yr
NOI
$25,300/yr
Net Cash Flow
-$957/mo
Cash Margin
-29.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
22.5/ 100

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

Comparables

Properties near 503 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.

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.