34 Irene Drive, Barrie

$799,900
34 Irene Drive

$799,900

New
1d
DetachedBungalow-Raised

34 Irene Drive, Barrie

Total Monthly Obligation $4,021

Beds
3
Baths
3
Park
4
Sqft
1100-1500
DOM
1d
Score
18
Yield
4.8%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-S14105290
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-39.37 × 109.91 ft
Listed on site-Oct 22, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-16-30
Taxes-$5,033.54 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE EXCELSIOR REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-90 days
Neighbourhood-Painswick South
Title-Residential Freehold

No agent assigned

Presenting a well-maintained raised bungalow offering 2+1 bedrooms and 3 full bathrooms. The main floor features an entirely open-concept layout with no walls separating the living room, dining area, and kitchen, creating an interconnected space. Both the kitchen and primary bedroom offer direct walk-outs to a roofed deck, overlooking a backyard space equipped for hosting and outdoor enjoyment. The spacious lower level includes a large media room that offers flexibility to be converted into an additional bedroom if desired. This property is situated in a quiet neighbourhood with convenient access to the highway, the GO Station, public transit, local schools, shops, and grocery stores.

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

Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,021/mo
Mortgage $3,227
Monthly Loss $3,172
Principal$849
Interest$2,378
Property Tax$419
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.2%30
10-Year IRR
9.9%
Returns Index
16.2/ 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
$38,028/yr
NOI
$24,692/yr
Net Cash Flow
-$1,169/mo
Cash Margin
-36.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.4/ 100

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

Comparables

Properties near 34 Irene Drive

Time

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