203 Southview Road, Barrie

$529,999
203 Southview Road

$529,999

Price Change
57d
DetachedBungalow

203 Southview Road, Barrie

Total Monthly Obligation $2,852

Beds
3
Baths
1
Park
4
Sqft
700-1100
DOM
57d
Score
20
Yield
5.3%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Detached
MLS® Number-S13717058
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-50 × 150 ft
Listed on site-Aug 27, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,064.98 (2026)
Parking-4 - None
Basement-None
Heating-Heat Pump (Electric)
Brokerage-CENTURY 21 B.J. ROTH REALTY LTD.
Cooling-Other
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Piers
Sewer-Septic
Possession-FLEXIBLE
Neighbourhood-South Shore
Title-Residential Freehold

No agent assigned

Amazing opportunity for first time home buyers, investors and developers seeking prime property in a coveted waterfront location! Elegant, Charming 3-bedroom bungalow just steps to Minet's Point Beach and Barrie's scenic waterfront! Enjoy immediate access to the city's beautiful bike path, perfect for morning rides or sunset strolls along the lakeshore. Situated on a generous 50' X 150' premium lot, this home offers lakeside living at it's finest. The fully fenced backyard features two garden sheds and plenty of space for entertaining and evening gatherings around the fire pit or enjoy an evening soak in your new hot tub! A recently paved double-wide driveway provides parking for up to four vehicles. Inside the bright, sun-filled open concept living space boasts a vaulted ceiling with skylight and cozy gas fireplace. The home is finished in neutral tones with east-care laminate flooring throughout. Recent updates include a newer deck, concrete walkway, a newly renovated bathroom, several updated windows, and updated electrical panel. This home shows beautifully! Come and see what this beachside living community has to offer.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$423,999
Land Transfer Taxes$7,075
Legal Fees (Est.)
$
Total cash required for closing$114,575

Total Monthly Obligation

$2,852/mo
Mortgage $2,138
Monthly Loss $2,289
Principal$563
Interest$1,575
Property Tax$339
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.7%33
10-Year IRR
10.4%
Returns Index
17.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$28,356/yr
NOI
$16,955/yr
Net Cash Flow
-$725/mo
Cash Margin
-30.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
28.1/ 100

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

Comparables

Properties near 203 Southview Road

Time

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