43 Madelaine Drive 2, Barrie

$524,999
43 Madelaine Drive 2

$524,999

New
4d
Condo Townhouse2-Storey

43 Madelaine Drive 2, Barrie

Total Monthly Obligation $3,145

Beds
3
Baths
3
Park
1
Sqft
1200-1399
DOM
4d
Score
18
Yield
5.6%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.1%
Property Type-Condo Townhouse
MLS® Number-S14093496
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-11-15
Taxes-$4,200 (2026)
Maintenance-$477.22/mo
Locker-None
Parking-2 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX CROSSTOWN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Shingles
Possession-30 to 60 days
Neighbourhood-Painswick South
Title-Residential Condo & Other

No agent assigned

Welcome to low-maintenance living at Yonge Station in Barrie's sought-after Painswick South community. Offering approximately 1,372 sq. ft. above grade, this bright two-storey condo townhouse combines the space and functionality of a traditional home with the convenience of condominium living. The main level features a welcoming entrance with a double closet, a powder room and an open-concept kitchen, dining and living area. The kitchen offers contemporary cabinetry, stainless steel appliances, a tiled backsplash, generous counter space and a breakfast bar with seating. Laminate flooring continues into the spacious living room, highlighted by a shiplap-style feature wall and electric fireplace. A walkout from the dining area provides easy access to the beautifully maintained grounds. Upstairs are three well-proportioned bedrooms, including a spacious primary suite with a walk-in closet and three-piece ensuite, plus a four-piece family bathroom. The full unfinished basement provides laundry with a utility sink, excellent storage and plenty of potential for future living space. Additional highlights include central air, an attached single-car garage, driveway parking and new shingles in 2026. Residents enjoy snow removal, landscaped green spaces and an impressive on-site fitness room equipped with treadmills, a stationary bike, strength-training equipment, free weights and a television. The amenity building also includes a kitchenette and displays celebrating renowned Canadian artist Ron Baird, whose distinctive artwork can be found throughout the complex. Conveniently located near Barrie South GO Station, Highway 400, shopping, restaurants, schools and the waterfront.

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

Closing Costs

Mortgage Amount
$419,999
Land Transfer Taxes$6,975
Legal Fees (Est.)
$
Total cash required for closing$113,475

Total Monthly Obligation

$3,145/mo
Mortgage $2,118
Monthly Loss $2,588
Principal$557
Interest$1,560
Property Tax$350
Condo Fees$477
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.8%22
10-Year IRR
9.0%
Returns Index
12.2/ 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
$29,160/yr
NOI
$13,917/yr
Net Cash Flow
-$958/mo
Cash Margin
-39.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
25.1/ 100

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

Comparables

Properties near 43 Madelaine Drive 2

Time

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Data last updated within the past 24 hours.