300 Essa Road 602, Barrie

$570,000
300 Essa Road 602

$570,000

Price Change
60d
Condo ApartmentApartment

300 Essa Road 602, Barrie

Total Monthly Obligation $3,528

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
60d
Score
19
Yield
6.3%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-S13712276
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Aug 24, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$5,092.23 (2025)
Maintenance-$604.91/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOME CHOICE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Stucco (Plaster)
Possession-flex
Neighbourhood-400 West
Title-Residential Condo & Other

No agent assigned

RARE 3-BEDROOM PENTHOUSE! Spacious, stylish and exceptionally well laid out, this approximately 1,200-1,399 sq. ft. suite offers the space and functionality buyers want with the convenience of condo living. Step inside to a bright, open-concept living space with high ceilings that flows onto an oversized private balcony-perfect for morning coffee, outdoor dining and entertaining. The contemporary kitchen features quartz countertops, stainless steel appliances, striking backsplash, large island and statement lighting, complemented by smooth ceilings, pot lights and quality laminate flooring. The generous primary bedroom offers a private 3-piece ensuite with glass-tiled shower, while two additional bedrooms provide excellent flexibility for family, guests or a home office. TWO full bathrooms, ensuite laundry, underground parking and an exclusive locker complete the package. Enjoy a pet-friendly condo community featuring an impressive approximately 11,000 sq. ft. rooftop patio, visitor parking and access to approximately 14 acres of walking trails-an exceptional combination of indoor and outdoor living. Barrier-free, wheelchair-accessible design adds further versatility. Conveniently located near shopping, parks, schools, recreation, public transit and commuter routes. A rare opportunity for buyers looking for generous living space, outdoor amenities and penthouse living in Barrie.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$456,000
Land Transfer Taxes$7,875
Legal Fees (Est.)
$
Total cash required for closing$123,375

Total Monthly Obligation

$3,528/mo
Mortgage $2,299
Monthly Loss $2,923
Principal$605
Interest$1,694
Property Tax$424
Condo Fees$605
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.3%31
10-Year IRR
10.2%
Returns Index
16.6/ 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
$35,796/yr
NOI
$17,465/yr
Net Cash Flow
-$844/mo
Cash Margin
-28.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.5/ 100

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

Comparables

Properties near 300 Essa Road 602

Time

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Data last updated within the past 24 hours.