300 Essa Road 501, Barrie

$529,000
300 Essa Road 501

$529,000

Price Change
70d
Condo Apartment2-Storey

300 Essa Road 501, Barrie

Total Monthly Obligation $3,385

Bed+Den
3+1
Baths
2
Park
1
Sqft
1200-1399
DOM
70d
Score
19
Yield
6.4%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Condo Apartment
MLS® Number-S13677138
Bed+Den-3+1
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Aug 14, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$5,033 (2026)
Maintenance-$631.52/mo
Locker-Owned
Parking-2 - Underground
Basement-Other
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE FIRST CONTACT REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stone, Stucco (Plaster)
Possession-Tenant vacating Oct 23rd
Neighbourhood-400 West
Title-Residential Condo & Other

No agent assigned

Welcome to the Gallery Condos, located in the "MacLaren" building, this condo suite features 2 BED + DEN with 1244 sq ft of living space! Sought after 5th floor CORNER unit with Large Covered Wrap around Balcony & Awesome City Views! Comes with "RARE" 2 PARKING SPOTS - 1 Underground with locker & 1 Outdoor. Upgraded builder finishes including: 9" ceilings, high-end laminate flooring, smooth ceilings w/pot lights, glass shower, kitchen with quartz countertops, under-cabinet lighting & stainless steel appliances. Great south end Barrie location, within walking distance to 14 acre wooded trails & close to all amenities, HWY 400 and Allandale GO station - All residents enjoy exclusive access to 11,000 sq ft rooftop patio with panoramic views of Barrie & Kempenfelt Bay. Shows 10+

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$423,200
Land Transfer Taxes$7,055
Legal Fees (Est.)
$
Total cash required for closing$114,355

Total Monthly Obligation

$3,385/mo
Mortgage $2,134
Monthly Loss $2,823
Principal$562
Interest$1,572
Property Tax$419
Condo Fees$632
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.0%1
5-Year IRR
8.8%27
10-Year IRR
9.8%
Returns Index
14.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$33,708/yr
NOI
$15,326/yr
Net Cash Flow
-$857/mo
Cash Margin
-30.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
24.0/ 100

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

Comparables

Properties near 300 Essa Road 501

Time

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Data last updated within the past 24 hours.