2 Fletcher Drive, Barrie

$680,000
2 Fletcher Drive

$680,000

New
8d
Detached2-Storey

2 Fletcher Drive, Barrie

Total Monthly Obligation $3,429

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
8d
Score
20
Yield
5.0%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-S14088974
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-42.65 × 111.8 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,727 (2025)
Parking-4 - Built-In
Basement-Apartment, Full
Heating-Forced Air (Electric)
Brokerage-HOMELIFE G1 REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Grove East
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated family home in Barrie highly desirable east end, conveniently located close to RVH, Georgian college , School ,Park, shopping, and Highway 400, Thought fully Living with a Functional Layout Perfect For families,The Main floor feature spacious Living area fully renovated kitchen, and fully renovated powder room. The finished basement provides excellent additional Living space complete with One bedroom living/recreation area and a full new bathroom, ideal for extended family guests, or added flexibility.step out side to a fully , fenced backyard, feature a large deck and a screened Gazebo Perfect for outdoor entertaining and family gathering. major updates including the new roof (2022) furnace air cleaner,humidifier, thermostat, new hot water tank (2025)All new appliances (2025) washer, dryer, refrigerator, dishwasher,All floor are new (2025)with basement stairs. new backyard storage shed 108,new front porch fully fanced andpainted,new paint in garage floor and wall,new oak wood stairs Main floor. many upgrades!!!!Located just short walk to a private beach, Park, hiking trails andthe recreation center.This exceptional home combines comfort style and convenience in one of Barrie's most desirable neighborhoods.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$544,000
Land Transfer Taxes$10,075
Legal Fees (Est.)
$
Total cash required for closing$147,575

Total Monthly Obligation

$3,429/mo
Mortgage $2,743
Monthly Loss $2,707
Principal$722
Interest$2,021
Property Tax$311
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.0%36
10-Year IRR
10.6%
Returns Index
19.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$34,200/yr
NOI
$22,553/yr
Net Cash Flow
-$864/mo
Cash Margin
-30.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.699
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
24.6/ 100

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

Comparables

Properties near 2 Fletcher 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.