299 Cundles Road E 308, Barrie

$375,000
299 Cundles Road E 308

$375,000

New
2d
Condo Apartment1 Storey/Apt

299 Cundles Road E 308, Barrie

Total Monthly Obligation $2,399

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
700-799
DOM
2d
Score
21
Yield
6.6%
Cash on Cash
-2.5%
Cap Rate
4.1%
5Y IRR
13.6%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-S14103322
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 21, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-6-10
Taxes-$3,433.96 (2026)
Maintenance-$399.71/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-Immediate
Neighbourhood-Alliance
Title-Residential Condo & Other

No agent assigned

MODERN, LOW-MAINTENANCE & CLOSE TO EVERYTHING! Built in 2018, this 1 bedroom plus den condo brings contemporary style to a well-kept six-storey building. The kitchen features stainless steel appliances, warm-toned cabinetry, a tiled backsplash and tile flooring, with a peninsula that opens toward the living and dining area. Sliding doors lead to the covered balcony overlooking the neighbouring playground and school grounds, with green space, mature trees and playing fields beyond. The spacious primary bedroom features a large window and double closet, while the separate den gives you a dedicated spot for working from home or creating an occasional guest space. A 4-piece bath, in-suite laundry and one surface parking space complete the suite. Set in The Junction by Pratt Homes, this low-maintenance condo puts North Barrie Crossing just minutes away for groceries, restaurants, shopping and services. Highway 400 is nearby for commuters, with RVH, Georgian College, Barrie Transit and Little Lake Park all close to home.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$300,000
Land Transfer Taxes$4,100
Legal Fees (Est.)
$
Total cash required for closing$80,600

Total Monthly Obligation

$2,399/mo
Mortgage $1,513
Monthly Loss $2,000
Principal$398
Interest$1,115
Property Tax$286
Condo Fees$400
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.5%32
10-Year IRR
10.4%
Returns Index
17.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$24,780/yr
NOI
$11,672/yr
Net Cash Flow
-$540/mo
Cash Margin
-26.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
31.8/ 100

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

Comparables

Properties near 299 Cundles Road E 308

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.