247 GROVE Street E, Barrie

$799,000
247 GROVE Street E

$799,000

New
8d
Detached2-Storey

247 GROVE Street E, Barrie

Total Monthly Obligation $3,968

Beds
5
Baths
4
Park
3
Sqft
1500-2000
DOM
8d
Score
18
Yield
4.7%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-S14080672
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-56.99 × 112.19 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$4,446.53 (2026)
Parking-4 - Attached
Basement-Apartment, Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE CERTIFIED REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding, Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wellington
Title-Residential Freehold

No agent assigned

Welcome to 247 Grove Street E, a charming mid-century home situated on a beautiful corner lot in Barrie's desirable East End! Surrounded by mature trees and featuring a private backyard, this property offers the perfect blend of family living, comfort, and future investment potential. Inside, you'll find a spacious, open-concept main floor designed for everyday living and entertaining, along with four generously sized bedrooms upstairs. The updated, finished basement features a convenient kitchen and an additional bedroom, making it ideal for extended family, in-law accommodations, or added flexibility to suit your needs. This property also features a second laundry room in the basement The location is hard to beat! Enjoy walking distance to elementary and high schools, as well as Georgian College. With Highway 400, shopping, and beautiful Barrie beaches just minutes away, this home offers exceptional convenience for families, commuters, and investors alike. The spacious backyard presents exciting possibilities for outdoor enjoyment and future enhancements. Garden Suite potential may offer an opportunity for additional living space or rental income, subject to applicable municipal zoning and Whether you're looking for the perfect place to raise your family, accommodate multi-approvals. generational living, or a place to just call home, 247 Grove Street E is full of opportunity and ready to welcome you home!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$3,968/mo
Mortgage $3,223
Monthly Loss $3,120
Principal$848
Interest$2,375
Property Tax$371
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.2%30
10-Year IRR
9.9%
Returns Index
16.2/ 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
$37,320/yr
NOI
$24,641/yr
Net Cash Flow
-$1,169/mo
Cash Margin
-37.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
21.6/ 100

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

Comparables

Properties near 247 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.