185 Dunlop Street E 623, Barrie

$999,000
185 Dunlop Street E 623

$999,000

New
2d
Condo Apartment1 Storey/Apt

185 Dunlop Street E 623, Barrie

Total Monthly Obligation $6,548

Bed+Den
3+1
Baths
3
Park
2
Sqft
1600-1799
DOM
2d
Score
15
Yield
5.6%
Cash on Cash
-9.2%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Condo Apartment
MLS® Number-S14104062
Bed+Den-3+1
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 21, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-0-5
Taxes-$9,568.12 (2026)
Maintenance-$1,521.08/mo
Locker-Exclusive
Parking-2 - Other
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Foundation-Concrete
Possession-Flexible
Neighbourhood-Lakeshore
Title-Residential Condo & Other

No agent assigned

1,700+ SQ FT WATERFRONT LUXURY CONDO WITH 2 ENSUITES, 2 PARKING SPOTS, LOCKER & PREMIER AMENITIES! Sunset views over Kempenfelt Bay, a front-row seat to Barrie's waterfront, and the prestige of one of the city's most coveted luxury condominiums. This never-lived-in residence at Lk House offers over 1,700 square feet of beautifully finished living space, where an open-concept layout, floor-to-ceiling windows, and a large west-facing balcony capture sparkling views of Kempenfelt Bay and the downtown skyline. The designer kitchen features full-height cabinetry, quartz countertops, a large island with seating, a tile backsplash, and integrated stainless steel appliances. Both bedrooms feature two double closets, with the generous primary suite offering a luxurious 5-piece ensuite and the second bedroom enjoying its own private 4-piece ensuite. A versatile den provides space for a home office, reading room, or guest retreat, while a convenient powder room is ideal for visitors. Thoughtful details continue with a dedicated laundry room complete with a sink, two parking spaces, including above-ground garage parking on the same floor as the unit, and a storage locker. Beyond your front door, enjoy an exceptional collection of resort-inspired amenities including concierge service, a fitness studio, steam room, sauna, whirlpool, pet spa, guest suites, a party room, and spectacular rooftop terraces with BBQs and panoramic lake views. Located steps from downtown Barrie's restaurants, boutiques, beaches, parks, waterfront trails, and year-round attractions, this is luxury waterfront living in one of the city's most sought-after addresses.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$6,548/mo
Mortgage $4,030
Monthly Loss $5,488
Principal$1,060
Interest$2,969
Property Tax$797
Condo Fees$1,521
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.7%13
10-Year IRR
7.5%
Returns Index
7.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$56,220/yr
NOI
$20,377/yr
Net Cash Flow
-$2,332/mo
Cash Margin
-49.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.8/ 100

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

Comparables

Properties near 185 Dunlop Street E 623

Time

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