236 Barrie Street, Essa

$649,900
236 Barrie Street

$649,900

New
50d
Detached2-Storey

236 Barrie Street, Essa

Total Monthly Obligation $3,341

Beds
3
Baths
4
Park
4
Sqft
2500-3000
DOM
50d
Score
23
Yield
6.1%
Cash on Cash
2.2%
Cap Rate
5.1%
5Y IRR
17.3%
10Y IRR
16.1%
Property Type-Detached
MLS® Number-N13745756
Beds-3
Bathrooms-4
Size-2500-3000 sqft
Lot Size-64.22 × 203.28 ft
Listed on site-Sep 3, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$4,127.93 (2025)
Parking-4 - None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Septic
Possession-Flexible
Neighbourhood-Thornton
Title-Residential Freehold

No agent assigned

Top 5 Reasons You Will Love This Home: 1) Exceptional opportunity to own a prominent mixed-use property in the heart of Thornton, perfectly positioned along a high-visibility corridor frequented by commuters, local residents, and seasonal cottage traffic 2) Designed with entrepreneurs in mind, this versatile property allows for seamless live-work convenience, featuring a commercial space on the main level, a spacious two bedroom apartment, and a separate one bedroom suite 3) An attractive investment offering multiple revenue streams, with commercial and residential components working together to deliver strong income potential and long-term growth 4) Set on a generously sized lot with ample parking, the property provides outstanding accessibility for customers, tenants, and owners, while also presenting future opportunities for expansion or redevelopment 5) A cherished local landmark, the property has been home to a thriving ice cream parlour for more than three decades, benefiting from exceptional community recognition, a loyal customer base, and an established presence that is rarely available. 2,739 above grade sq.ft. plus an unfinished basement.

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

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,341/mo
Mortgage $2,622
Monthly Loss $2,651
Principal$690
Interest$1,932
Property Tax$344
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.1%4
5-Year IRR
13.2%59
10-Year IRR
13.1%
Returns Index
30.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$39,720/yr
NOI
$27,120/yr
Net Cash Flow
-$362/mo
Cash Margin
-10.9%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
27.6/ 100

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

Comparables

Properties near 236 Barrie Street

Time

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