2 Toronto Street 605, Barrie

$735,000
2 Toronto Street 605

$735,000

New
56d
Condo ApartmentApartment

2 Toronto Street 605, Barrie

Total Monthly Obligation $4,778

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
56d
Score
15
Yield
5.4%
Cash on Cash
-9.6%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Condo Apartment
MLS® Number-S13722368
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Aug 28, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$5,792.62 (2026)
Maintenance-$1,130/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK CHAY REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Stucco (Plaster)
Roof-Flat
Foundation-Poured Concrete
Possession-Immediate
Neighbourhood-Lakeshore
Title-Residential Condo & Other

No agent assigned

Welcome to Grand Harbour, one of Barrie's most sought-after waterfront condominium communities. Step into this bright and spacious 1,340 sq. ft. suite, offering 2 bedrooms and 2 full bathrooms, thoughtfully designed for comfortable everyday living and entertaining. The beautifully renovated kitchen features crisp white cabinetry, stunning stone countertops, stainless steel appliances, ample storage, and generous workspace, all overlooking the separate dining room and expansive living area. The open and inviting layout creates a seamless flow, perfect for hosting family and friends or simply relaxing at home. Floor-to-ceiling windows fill the suite with natural light while showcasing beautiful views of Kempenfelt Bay, spectacular sunsets, and the meticulously maintained rooftop gardens. Neutral décor, spacious bedrooms, and a large primary walk-in closet with impressive built-in shelving add to the comfort and functionality of this exceptional home. The spacious living and dining areas provide the perfect setting to entertain or unwind and enjoy the view. The primary suite offers a peaceful retreat, complete with its own ensuite bathroom, while the second bedroom is ideal for guests, hobbies, or a home office. Grand Harbour is renowned for its beautifully maintained common areas, welcoming community atmosphere, and exceptional amenities, including an indoor pool, hot tub, sauna, fitness centre, games room, party room, library, guest suites, underground parking, secure entry, and stunning rooftop gardens. Perfectly positioned across from the marina and the shores of Kempenfelt Bay, you are just steps from waterfront walking trails, Centennial Beach, downtown Barrie restaurants, cafés, shopping, and the GO Station. Enjoy an exceptional combination of space, comfort, amenities, and an unbeatable waterfront lifestyle. A fantastic place to call home!

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Closing Costs

Mortgage Amount
$588,000
Land Transfer Taxes$11,175
Legal Fees (Est.)
$
Total cash required for closing$159,675

Total Monthly Obligation

$4,778/mo
Mortgage $2,965
Monthly Loss $3,997
Principal$780
Interest$2,185
Property Tax$483
Condo Fees$1,130
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
5.2%11
10-Year IRR
7.1%
Returns Index
6.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$39,600/yr
NOI
$13,887/yr
Net Cash Flow
-$1,808/mo
Cash Margin
-54.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
17.6/ 100

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

Comparables

Properties near 2 Toronto Street 605

Time

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Data last updated within the past 24 hours.