98 Shanty Bay Road, Barrie

$1,199,999
98 Shanty Bay Road

$1,199,999

New
8d
Detached2-Storey

98 Shanty Bay Road, Barrie

Total Monthly Obligation $6,080

Beds
5
Baths
5
Park
5
Sqft
2500-3000
DOM
8d
Score
15
Yield
3.5%
Cash on Cash
-10.0%
Cap Rate
2.4%
5Y IRR
7.7%
10Y IRR
8.5%
Property Type-Detached
MLS® Number-S14081414
Beds-5
Bathrooms-5
Size-2500-3000 sqft
Lot Size-60 × 150 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$10,376 (2025)
Parking-6 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK CHAY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North Shore
Title-Residential Freehold

No agent assigned

This property is Incredible! Close to everything!!! Tucked away in the prestigious Shanty Bay enclave of downtown Barrie, this exceptional custom built residence offers a rare blend of luxury, privacy, and waterfront charm. Overlooking the shimmering waters of Kempenfelt Bay, this five-bedroom, five-bathroom home is designed to impress from the moment you arrive. A dramatic, oversized foyer welcomes you with refined finishes and heated floors, setting the tone for the comfort and craftsmanship found throughout the home.The heart of the house is a beautifully appointed chef's kitchen, complete with built-in appliances and thoughtfully designed for both everyday living and memorable gatherings. Not to mention the incredible oversized livingroom with gas fireplace and views of the water. For the wine enthusiast, a custom wine cellar provides the perfect space to curate and showcase your collection. Upstairs, three generously sized bedrooms each feature their own spa like ensuite with heated floors and walk-in closets, creating private retreats for family and guests alike. Step outside to a serene, fully fenced backyard where mature trees create a peaceful, secluded setting - ideal for relaxing, entertaining, or simply enjoying the natural surroundings. Beyond the property, an enviable lifestyle awaits: stroll to Johnson Beach, explore nearby walking trails, or take advantage of the vibrant shops and restaurants just moments away. With quick access to Royal Victoria Hospital, Highway 400, and the waterfront, this historic neighbourhood seamlessly combines timeless character with modern convenience.This is more than a home - it's an invitation to experience refined living in one of Barrie's most sought-after locations. Book your private showing and discover first hand what makes this property truly unforgettable.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$959,999
Land Transfer Taxes$20,475
Legal Fees (Est.)
$
Total cash required for closing$261,975

Total Monthly Obligation

$6,080/mo
Mortgage $4,840
Monthly Loss $4,806
Principal$1,274
Interest$3,567
Property Tax$865
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%12
Cash-on-Cash
-13.5%0
5-Year IRR
5.0%11
10-Year IRR
6.8%
Returns Index
6.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$42,252/yr
NOI
$23,151/yr
Net Cash Flow
-$2,911/mo
Cash Margin
-82.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.3/ 100

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

Comparables

Properties near 98 Shanty Bay Road

Time

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Data last updated within the past 24 hours.