57 Ferndale Drive S 9, Barrie

$470,000
57 Ferndale Drive S 9

$470,000

New
2d
Condo TownhouseStacked Townhouse

57 Ferndale Drive S 9, Barrie

Total Monthly Obligation $2,784

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
2d
Score
16
Yield
4.0%
Cash on Cash
-12.2%
Cap Rate
2.0%
5Y IRR
6.1%
10Y IRR
7.2%
Property Type-Condo Townhouse
MLS® Number-S14104234
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 21, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$2,685.53 (2025)
Maintenance-$464.85/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX GOLD REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-Ardagh
Title-Residential Condo & Other

No agent assigned

Welcome to Manhattan Condos in Barrie's highly desirable Ardagh neighbourhood! This beautifully designed, ground-level stacked townhouse offers the perfect combination of comfort, style, and convenience. Featuring 774 sq. ft. of thoughtfully planned living space, this bright and inviting home boasts 2 spacious bedrooms, 1 bathroom, and oversized windows that fill the interior with natural light. The modern galley-style kitchen features stainless steel appliances, while convenient in-suite laundry adds to the home's everyday practicality. Enjoy the luxury of your own private backyard surrounded by peaceful greenery, with a charming community park just steps away. Ideally located minutes from Highway 400, shopping, restaurants, schools, and Bear Creek Eco Park, this home also includes a dedicated parking space conveniently located near your entrance. An excellent opportunity for first-time buyers, downsizers, or investors seeking comfortable, low-maintenance living in a fantastic Barrie location!

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Closing Costs

Mortgage Amount
$376,000
Land Transfer Taxes$5,875
Legal Fees (Est.)
$
Total cash required for closing$101,375

Total Monthly Obligation

$2,784/mo
Mortgage $1,896
Monthly Loss $2,286
Principal$499
Interest$1,397
Property Tax$224
Condo Fees$465
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.5%0
5-Year IRR
3.0%6
10-Year IRR
5.4%
Returns Index
4.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$18,648/yr
NOI
$6,119/yr
Net Cash Flow
-$1,386/mo
Cash Margin
-89.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.272
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
26.6/ 100

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

Comparables

Properties near 57 Ferndale Drive S 9

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.