128 Churchland Drive, Barrie

$629,900
128 Churchland Drive

$629,900

New
8d
DetachedBacksplit 3

128 Churchland Drive, Barrie

Total Monthly Obligation $3,285

Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
8d
Score
18
Yield
4.5%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-S14083534
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-32.8 × 109.9 ft
Listed on site-Oct 15, 2026
Style-Backsplit 3
Building Type-Detached
Age-16-30
Taxes-$4,431.86 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-Above Ground
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Holly
Title-Residential Freehold

No agent assigned

MOTIVATED SELLER! BRING ALL OFFERS! UPDATED FULLY DETACHED 3-BEDROOM HOME IN BARRIE'S HOLLY NEIGHBOURHOOD! 128 Churchland Drive offers an updated interior with tasteful neutral finishes, starting with a beautifully renovated kitchen featuring white shaker cabinetry, quartz countertops, stainless steel appliances, a subway-tile backsplash and peninsula seating. The adjoining dining area is filled with natural light from a large bay window, while a few steps down, the generous living room features a gas fireplace and direct access to the backyard, making it a favourite spot for movie nights and evenings at home. A separate office offers its own walkout to the backyard and access to an updated 2-piece bathroom, creating an excellent setup for working from home, while a separate laundry room completes this level. Upstairs, three bedrooms include a sizeable primary with a walk-in closet, complemented by an updated 4-piece bathroom with a marble countertop. Updated vinyl flooring runs throughout much of the home, with additional improvements including newer furnace and air conditioning, updated shingles and newer sliding and rear exterior doors. Outside, mature landscaping complements the attractive brick-front exterior, while an attached single-car garage with inside entry provides additional parking and storage. The fully fenced backyard is ready for sunny afternoons, featuring a newer heated above-ground pool with a pool pump and electric heat pump, a generous patio for outdoor dining and an illuminated gazebo for evenings under the lights. The established Holly neighbourhood adds even more to love, with multiple schools, parks, trails, public transit and Mapleview West Marketplace all within walking distance, putting groceries and everyday essentials just a short stroll from home.

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

Closing Costs

Mortgage Amount
$503,920
Land Transfer Taxes$9,073
Legal Fees (Est.)
$
Total cash required for closing$136,553

Total Monthly Obligation

$3,285/mo
Mortgage $2,541
Monthly Loss $2,617
Principal$669
Interest$1,872
Property Tax$369
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.7%22
10-Year IRR
8.8%
Returns Index
12.0/ 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
$28,560/yr
NOI
$16,772/yr
Net Cash Flow
-$1,143/mo
Cash Margin
-48.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
24.2/ 100

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

Comparables

Properties near 128 Churchland Drive

Time

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Data last updated within the past 24 hours.