21 Magnolia Lane, Barrie

$462,000
21 Magnolia Lane

$462,000

New
4d
Condo Apartment1 Storey/Apt

21 Magnolia Lane, Barrie

Total Monthly Obligation $2,681

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
4d
Score
22
Yield
6.3%
Cash on Cash
-1.1%
Cap Rate
4.4%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Condo Apartment
MLS® Number-S14098950
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 19, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,839.97 (2026)
Maintenance-$297.57/mo
Locker-Ensuite+Common
Parking-2 - Built-In
Basement-None
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Innis-Shore
Title-Residential Condo & Other

No agent assigned

Welcome to 21 Magnolia Lane-an exceptional opportunity to own a vacant spacious three-bedroom, two-full-bathroom condo townhouse at an attractive price. This home features a bright, functional layout with a generous great room, a large kitchen with quartz countertops, an open breakfast area, modern flooring and upgraded tile finishes. The spacious primary bedroom includes a private ensuite, while two additional well-sized bedrooms provide flexibility for family, guests or a home office. Complete with a private garage, driveway parking and convenient low-maintenance living, this property offers outstanding value for first-time buyers, families and investors alike. Don't miss your chance to secure a great home at a great price!

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

Closing Costs

Mortgage Amount
$369,600
Land Transfer Taxes$5,715
Legal Fees (Est.)
$
Total cash required for closing$99,615

Total Monthly Obligation

$2,681/mo
Mortgage $1,864
Monthly Loss $2,191
Principal$490
Interest$1,373
Property Tax$320
Condo Fees$298
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.1%2
5-Year IRR
10.9%42
10-Year IRR
11.4%
Returns Index
22.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$28,992/yr
NOI
$16,282/yr
Net Cash Flow
-$507/mo
Cash Margin
-21.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
30.2/ 100

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

Comparables

Properties near 21 Magnolia Lane

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.