301 Leacock Drive, Barrie

$738,000
301 Leacock Drive

$738,000

New
8d
DetachedBungalow-Raised

301 Leacock Drive, Barrie

Total Monthly Obligation $3,770

Beds
4
Baths
3
Park
4
Sqft
1100-1500
DOM
8d
Score
18
Yield
4.6%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-S14080500
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-60.37 ft (front)
Listed on site-Oct 15, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-16-30
Taxes-$5,018.85 (2026)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-SOHO CLASSIC REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-Letitia Heights
Title-Residential Freehold

No agent assigned

Welcome to 301 Leacock Drive, a beautifully updated 3+1-bedroom family home in Barrie's established Letitia Heights community. This move-in-ready home offers beautiful finishes, thoughtful updates and an exceptional private backyard that feels like your own cottage retreat. Step inside to a bright and inviting interior featuring engineered flooring, oak stairs and a stunning modern two-tone kitchen with quartz countertops, stainless steel appliances and a gas stove. Two newer patio doors fill the home with natural light and provide a seamless connection to the backyard. The thoughtfully designed layout offers three bedrooms, two updated 3-piece bathrooms and a convenient powder room. The finished basement provides flexible space for family living, entertaining, a home office or recreation. A wood-burning fireplace adds warmth and character to the home. The home has been extensively updated and is truly move-in ready. A detailed list of updates and improvements is available in the attached schedule. Just to name a few: modern kitchen and appliances, updated bathrooms, front and rear steps, newer furnace and air conditioning (2021, owned), and a newer roof completed in November 2021 with 25-year shingles and a transferable 10-year labour warranty. One of the property's true highlights is the private, mature-tree-lined backyard. Surrounded by greenery, it offers a peaceful cottage-like setting ideal for outdoor entertaining, family gatherings or simply relaxing. Located close to schools, parks, trails and Leacock Park, with convenient access to Allandale Waterfront GO. Enjoy four-season recreation with Snow Valley, Horseshoe Resort, Mount St. Louis Moonstone and Blue Mountain all within easy reach. A wonderful opportunity to own a beautifully updated family home with modern finishes, flexible living space and an incredible private backyard in a well-established Barrie neighbourhood.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$590,400
Land Transfer Taxes$11,235
Legal Fees (Est.)
$
Total cash required for closing$160,335

Total Monthly Obligation

$3,770/mo
Mortgage $2,977
Monthly Loss $2,987
Principal$783
Interest$2,194
Property Tax$418
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.4%25
10-Year IRR
9.4%
Returns Index
14.0/ 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
$34,128/yr
NOI
$21,196/yr
Net Cash Flow
-$1,211/mo
Cash Margin
-42.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
22.1/ 100

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

Comparables

Properties near 301 Leacock Drive

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.